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Stef Schrader Stef Schrader Aug 26, 2017. 14 comments

Rejoice! Miller Motorsports Park Will Remain Open Next Year Under New Lease

Rejoice! Miller Motorsports Park Will Remain Open Next Year Under New Lease

Miller Motorsports Park will be reopening as the Utah Motorsports Campus under Geely subsidiary Mitime Utah Investment, LLC, after all—but through a one-year lease for now, reports Sportscar365. Mitime was recently blocked from purchasing the facility after a judge ruled the sale invalid.

Judge Rules Sale Of Utah's Miller Motorsports Park Invalid

Miller Motorsports Park—quite possibly the...

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Stef Schrader Stef Schrader Aug 22, 2017. 20 comments

Judge Rules Sale Of Utah's Miller Motorsports Park Invalid

Judge Rules Sale Of Utah's Miller Motorsports Park Invalid

Miller Motorsports Park —quite possibly the best track I drove this year—could be back in limbo. A judge has ruled its sale to Geely subsidiary Mitime Utah Investment, LLC, invalid, reports the Salt Lake Tribune. The judge also ruled that Tooele County acted unlawfully in the sale.

Miller Motorsports Park Will Shut Down This Year On October 31

In the most depressing surprise announcement...

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Stef Schrader Stef Schrader Aug 20, 2017. 17 comments

FIA Approves Sale Of Formula One Revealing Potential Conflicts Of Interest

F1
FIA Approves Sale Of Formula One Revealing Potential Conflicts Of Interest

The Federation Internationale de l’Automobile unanimously approved the sale of Formula One to Liberty Media at a World Motor Sport Council meeting today, reports Racer. Why wouldn’t they approve it? As a shareholder in Formula One Group holding company Delta Topco, the sale gives the FIA a nice paycheck.

The FIA, which serves as the governing body over F1, received its one percent stake in...

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Stef Schrader Stef Schrader Aug 18, 2017. 19 comments

Losing Bidder For Miller Motorsports Park Sues Over Planned Sale

Losing Bidder For Miller Motorsports Park Sues Over Planned Sale

Wyoming-based Center Point Management LLC has filed a lawsuit against Tooele County and likely buyer Mitime, alleging that the parties broke the law in allowing Mitime to purchase Miller Motorsports Park for a lower bid than Center Point offered.

In the lawsuit, Center Point is seeking an order that would prevent the sale of Miller Motorsports Park to Mitime, per Deseret News.

Remember the...

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Stef Schrader Stef Schrader Aug 18, 2017. 13 comments

Sorry! Bernie Ecclestone Is Sticking Around After All

Sorry! Bernie Ecclestone Is Sticking Around After All

If you hoped that the sale of Formula One would mean that troll-king Bernie Ecclestone would retire to the bridge from whence he came to a nice life of bribing the Billy Goats Gruff, I’ve got some bad news. Ecclestone will remain the chief executive officer of F1, per Autosport, sharing duties with a new chairman.

Fortunately, Ecclestone will be working closely with some fresh blood to the...

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