Canadian racing champion Ron Fellows and partners have purchased Mosport International Raceway, it was announced this morning.
Owned since the late 1990s by the U.S.-based Panoz Motor Sports Group, Mosport is back in Canadian hands.
The Fellows group, called Canadian Motorsport Ventures, includes transportation industry leader Alan Boughton and real estate developer Carlo Fidani.
The iconic Canadian race track, north of Bowmanville, first opened for business in 1961 and celebrated 50 years of racing - which included Formula One, Indy cars, sports cars and just about everything in between -? in 2010.
Always in Canadian hands, it was purchased in the mid-1990s by assett manager Andy Evans of Seattle who sold it several years later to Panoz, who also owns Road Atlanta and Sebring International Raceway.
The new owners say they will bring fresh thinking and new ideas to the raceway to maximize the racing experience for fans, sponsors and all Canadian motor sports enthusiasts.
Source: http://thestar.blogs.com/autoracing/2011/06/canadian-group-purchases-mosport.html
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