P1racenews AI automatic summary:
Any efforts by NASCAR, IndyCar, or Formula 1 to gain control of the 50-percent share of the Long Beach Grand Prix made available by the estate of the late Kevin Kalkhoven will not meet their desire…
Efforts by NASCAR, IndyCar, or Formula 1 to acquire the 50-percent share of the Long Beach Grand Prix left by Kevin Kalkhoven will not result in their favor, as Gerald Forsythe has secured the stake. Forsythe, along with Kalkhoven, plans to maintain the event as an IndyCar race. The estate has agreed to sell its 50% to Forsythe, stating that Long Beach is an IndyCar event and that will remain the case in the future. Forsythe’s steadfast refusal to sell has deterred potential buyers interested in the event’s ownership. The Long Beach Grand Prix, featuring IndyCar since 1984, is a significant event attracting over 100,000 attendees annually and hosting additional races and entertainment. Forsythe’s dedication to IndyCar and desire to provide a stable home for the event as it approaches its 50th anniversary in 2025 is evident.
