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What's going on with Laguna Seca?

Discussion in 'Other Racing' started by Texas Forever, Jul 26, 2017.

  1. Texas Forever

    Texas Forever Four Time F1 World Champ
    Rossa Subscribed

    Apr 28, 2003
    41,422
    Texas!
    Fate of historic Laguna Seca race course is clouded once again - LA Times

    But charges of mismanagement and a scathing Monterey County Grand Jury report on SCRAMP’s Laguna Seca activities cast doubt on the group’s ability to manage the facility.

    The grand jury report stated that SCRAMP had underreported income, juggled creditors and delayed payments to balance its books, and inappropriately used funds for capital improvements to meet operating costs.

    “SCRAMP has not been a financially fit concessionaire,” the report found.
     
  2. jgonzalesm6

    jgonzalesm6 F1 Veteran
    Rossa Subscribed

    Oct 31, 2016
    9,232
    Corpus Christi, Tx.
    Full Name:
    Joe R Gonzales
    I sure hope they get this sorted out....unbecoming of SCRAMP to put this famous track in this position!
     

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