Saturday, February 23, 2008

2008 Toronto Grand Prix Cancelled

Toronto's hospitality industry will take a $50 million hit this summer with the cancellation of the Toronto Grand Prix (formerly the Toronto Molson Indy)

The event – which may return in 2009 – fell victim this year to a deal signed between the Indy Racing League and the Champ Car World Series. The schedule just could accommodate Toronto this year.

Read the Toronto Star story.

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