P1racenews AI automatic summary:
Friends of Laguna Seca and A&D Narigi Consulting, LLC today jointly announced that the Management Agreement between the parties will terminate on Dec. 31, 2024. “Since 2020, A&D Narigi, LLC…
Friends of Laguna Seca and A&D Narigi Consulting, LLC have mutually agreed to terminate their Management Agreement effective December 31, 2024. Ross Merrill, president of Friends of Laguna Seca, expressed gratitude for A&D Narigi’s contributions to the profitability and improvements at Laguna Seca Recreation Area. The management transition will see Friends taking over while retaining all current employees for a promising future. John Narigi, president of A&D Narigi Consulting, LLC, emphasized his team’s achievements and commitment to Laguna Seca’s future in the past five years. With the aim of executing a long-term vision, A&D Narigi, LLC concluded that terminating the agreement was the best move. Friends of Laguna Seca is currently working on a master plan to enhance fan experiences, elevate the raceway, and preserve its historic charm.
