Originally Posted by indycool
How do I know it? CART and CC announced many times that it had taken over the promoter's financial risks and rewards in Portland. And it has been a loser, but CC keeps it going as a place to race on the schedule. So, CC can write itself a check for the sanction fee and go right back and deposit it in the same account if it wants to, I guess.
As for track rentals, CC is PAYING the track to run there, the track is RECEIVING the money and CC's deals with a sanction fee are the same as Portland. Don't know what new cluster of LLCs might be involved or can't say it's absolutely true, but it's rumored the European races are track rentals.