You gotta love this. Race On, the current Baltimore Grand Prix organizers are expecting to lose money on this year’s street race, and have insisted that despite that no fees will go unpaid. It’s good fodder for Baltimore’s pastime of self-deprecation — year two of this godforsaken race, and it’s still a losing venture!
On the other hand, new businesses rarely turn a profit in their first year. And that’s apparently how Race On’s financier, J.P. Grant, looks at it. “My goal for this year is to stabilize the race,” he told The Sun Tuesday. And as funny as it sounds (well, to me, anyway), it’s probably just the attitude and perspective that Baltimore Racing Development, organizers of last year’s Grand Prix, lacked, which left them with no plan to repay vendors and the city after the numbers didn’t stack how they would have liked.
I’m holding out hope that Race On will live up to their claims. In addition to their preemptive assurances that they won’t skip out on fees, they’ve agreed to pay for half the cost of planting new trees to replace the ones cut down last year, and have promised to not cut down any for this year’s race. According to The Baltimore Sun, J.P. Grant is a member of Mayor Stephanie Rawlings-Blake’s “inner circle.” So let’s hope at the very least he’ll make good on his promises for the sake of his old pal Stephanie.
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