By Brian Wolak

BALTIMORE — Baltimore Racing Development has made a new $1.5 million offering to existing members, raising $423,000 from eight investors to date.

The sponsor of the well-received Baltimore Grand Prix – the three-day event featuring IndyCar and Le Mans style street races – took in $1.83 million from its former $2.75 million offering.

Grand Prix CEO Jay Davidson is named in a regulatory filing along with Walker Mygatt, managing director at Constellation Energy David Rather, owner of Mother’s Federal Hill Grille; Peter Collier, former deputy director of the city’s parking; Kenneth Banks, developer; Jerry Gottlieb, organizer; and William White. Read more at