The latest auto news, reviews, prices, product and vehicle releases. Sep
22nd
Stay connected Subscribe to our RSS feed
According to information Auto123.com has received, the IZOD IndyCar Series event presented in Edmonton won't be back on the calendar in 2013 as Octane Motorsports pulled the plug.
The race, which made its debut in 2005 under Champ Car sanctioning has had its share of problems in the last couple of years and the lack of a commercial partner and a smaller attendance this year forced Octane to move.
“Despite our tight management policies and all our efforts to offer the fans a world-class spectacle, we were not able to make this event profitable and nothing allows us to hope for a better profitability next year," Octane management revealed in a prepared statement.
Moreover, Edmonton Mayor Stephen Mandel did not give the impression he will seek to keep the event in play going forward.
The race, which made its debut in 2005 under Champ Car sanctioning has had its share of problems in the last couple of years and the lack of a commercial partner and a smaller attendance this year forced Octane to move.
“Despite our tight management policies and all our efforts to offer the fans a world-class spectacle, we were not able to make this event profitable and nothing allows us to hope for a better profitability next year," Octane management revealed in a prepared statement.
Moreover, Edmonton Mayor Stephen Mandel did not give the impression he will seek to keep the event in play going forward.