"It's a real gem for the city," Dawson said of the race. "We have every reason to believe it's going to become the premier street race in the market."





Highlights of Grand Prix contract

•Part of proceeds from ticket sales to be placed in escrow account to cover taxes

•City to levy $3 fee on each ticket sold to pay for services

•Organizers do not have to pay $250,000 racing fee that city charged Baltimore Racing Development

•Community impact funds to be based on ticket sales

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