Posts Tagged ‘Continental’

170. NASCAR-DTM Alliance, Todt at Daytona, R18 waits for the ACO, Shopping for an R8 (maybe not).

Wednesday, July 7th, 2010

Grand Am Throws a Party

Grand Am had a team owner’s meeting and cocktail reception on the 8th floor of the new ISC/NASCAR digs on International Speedway Boulevard last Thursday afternoonand evening. It’s probably where A.C. saw FIA chief Jean Todt accompanied by fiancé Bond Girl (Wai Lin, Tomorrow Never Dies) Michelle Yeow (right, at Cannes, credit Georges Baird). Todt is heading an FIA delegation, including American Nick Craw, on a “good will” tour – shoring up support amongst racing series and motoring club after AAA’s recent resignation.

With Bernie’s payments for F1 rights about to end with 89 years of exclusivity left (what dumbo wrote that contract?) the Frogs are facing a big ($35 million) hole in the budget. If others follow AAA out the door, things will be dire indeed. (more…)