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Comptroller: Grand Prix organizers owe $570K in taxes, penalties
Maryland is seeking nearly $570,000 in unpaid taxes and penalties from the organizers of the inaugural Baltimore Grand Prix, according to the state’s top tax collector. The tax lien filed last week is the latest in a string of legal actions and public statements that have shed light on the financial struggles of Baltimore Racing […]
Grand Prix numbers show promise for future
The phone at the Baltimore Grand Prix has been “ringing off the hook” with interest from new investors and sponsors for next year, the event’s CEO said Thursday, adding that the organizers will be able to pay all their bills even though they didn’t make a profit on the inaugural race. Jay Davidson’s comments came […]
City, racing officials tout Grand Prix successes
Mayor Stephanie Rawlings-Blake, CEO of Baltimore Racing Development Jay Davidson and other city and racing officials gathered Thursday morning at the Baltimore Visitor Center to release tourism income and attendance figures from the Grand Prix. Davidson said attendance exceeded expectations, and the mayor said that, with people watching on TV all over the world, it was the city's "time to shine."
Tens of thousands party at Baltimore Grand Prix
The first running of the Baltimore Grand Prix drew tens of thousands of people — die-hard racing fans and neophytes alike — to a festival that took over the city’s downtown Sunday. The three-day event was expected to draw more than 100,000 people, but exact ticket sales numbers weren’t available Sunday evening, said Baltimore Grand […]
Mayor, Grand Prix CEO give $100K to city neighborhood
Baltimore City Mayor Stephanie Rawlings-Blake, Baltimore Grand Prix CEO Jay Davidson and City Councilman William H. Cole IV gave a $100,000 check to the Sharp-Leadenhall neighborhood Tuesday morning for cleaning and landscaping projects. Sharp-Leadenhall is one of nine city neighborhoods promised money for their proximity to the upcoming Grand Prix race.
M&T Bank sponsoring Baltimore Grand Prix
Nine more companies have come on board to sponsor the inaugural Baltimore Grand Prix. M&T Bank’s partnership was announced Thursday as the first bank to sponsor the three-day racing festival, which will run Sept. 2-4. Sponsorships from Dr Pepper, Royal Farms, Budweiser Beer from Anheuser-Busch, Merritt Properties LLC, my24 WUTB, Ruth’s Chris Steak House, Constellation […]
Sponsorships slow for events like Grand Prix, Artscape
Baltimore will have an eventful summer, but the money to pay for it is slow in coming. The Baltimore Grand Prix, Artscape and the War of 1812 bicentennial celebration are among some of the events looking for sponsorships. But organizers for all three say they have been having some trouble getting businesses and nonprofits to […]
O’Malley wins backing of 200 Md. biz leaders
Gov. Martin O’Malley announced Thursday he has the backing of 200 business leaders “from every corner of the state.” The move hews closely with the the character of the governor’s race so far, and could bolster O’Malley’s street cred among business types after he lost some of his ammunition this week. The race has been […]
