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Paul Newman

Groups vie to run Baltimore Grand Prix in 2012

Groups vie to run Baltimore Grand Prix in 2012

Several groups are angling to seize control of Baltimore's Grand Prix as city officials seek a new management team in the wake of the financial collapse of the company that organized the inaugural race. At least two teams — each headed by a former organizer of IndyCar races elsewhere — plan to submit proposals to take over the racing festival, according to people close to the negotiations. Others, including the head of an Owings Mills-based contracting company and a former racecar driver, have expressed interest. Deputy Mayor Kaliope Parthemos said she has asked interested parties to submit a proposal by Saturday that demonstrates that they have the money and management...