Mar 31, 2013, 1:00 PM EST
Just Marketing Inc., the global motorsports marketing company that was founded by current INDYCAR CEO candidate Zak Brown, is now up for sale.
According to Jenna Fryer of the Associated Press, Brown informed the JMI staff that Spire Capital Partners is trying to sell its 60 percent stake in the company. As for any possible connections to a potential jump to INDYCAR by Brown, a copy of the memo obtained by the AP states that any sale is “completely unrelated” to that scenario.
“There is no immediate timeline in place for a transaction to occur and no guarantee that one will occur in the near future,” wrote Brown, who still owns a 20 percent stake in JMI (the other 20 percent is with the WPP advertising agency).
“JMI’s leadership and employees continue to be focused on providing excellent service to our clients and continue to grow our business.”
During the Honda Grand Prix of St. Petersburg weekend, Brown was acknowledged by Hulman & Co. CEO Mark Miles as a candidate to replace Randy Bernard as IndyCar’s top dog. Right now, Indianapolis Motor Speedway president and CEO Jeff Belskus is handling that job on an interim basis.
“I have a lot of passion for IndyCar and I’m getting to know Mark,” Brown told the AP in an e-mail about the situation. “We are exploring to see if there’s a way to work together. It’s a great product and I’m positive I could contribute to its growth and success.”
Mar 7, 2014, 3:47 PM EST
Edwards and his Roush Fenway teammates pick up the pace after a slow Thursday test.
Mar 7, 2014, 3:43 PM EST
For the next month or so, don’t be surprised if Greg Biffle starts to act a little like Dracula — a good Dracula, mind you.
Mar 7, 2014, 3:30 PM EST
With a full-season ride in the NASCAR Euro Series, 33-year-old Mathias Lauda is set to add to his eclectic resume.
Mar 7, 2014, 3:12 PM EST
If you’re fortunate enough to spend any length of time around him, you’ll quickly find Matt Kenseth has a very dry wit. Think of a cross between comedians Steven Wright and the late George Carlin – just not so over-the-top as Carlin was.
Mar 7, 2014, 3:00 PM EST
SBJ report says Verizon will back series for 10 years.
Mar 7, 2014, 2:30 PM EST
“I’m sure there’s going to be more tension…But that’s what it’s all about. That’s why these drivers and teams are the best in the world.” – Graham Rahal
Mar 7, 2014, 2:00 PM EST
Qualifying format change falls in line with other moves made by IMS/INDYCAR the last several months.
Mar 7, 2014, 1:30 PM EST
Out go Korea and India, in come Austria and Russia, changes made to the running order, a different season finale – and a new night race!
Mar 7, 2014, 1:00 PM EST
With all but two teams making changes to their line-up and three new rookies, the F1 grid is looking very different in 2014.
Mar 7, 2014, 12:52 PM EST
TV times and talent for Indy Lights, Pro Mazda and USF2000 in 2014.
Mar 7, 2014, 12:00 PM EST
What are going to be the main themes for the new Formula 1 season? Be it noses, double points, Bernie or Kimi, it promises to be an exciting one.
Mar 7, 2014, 11:00 AM EST
F1 tire supplier confirms eight testing days with teams in 2014, thus avoiding the ‘testgate’ scandal of 2013.
Mar 7, 2014, 10:37 AM EST
Two attempts for Indy qualifying required: one to get in, one to set starting order.
Mar 7, 2014, 10:00 AM EST
First target for Hulkenberg is to make it past the first lap at Albert Park, having failed to do so in three attempts.
Mar 7, 2014, 8:30 AM EST
CEO refuses to accept knock-down price for title sponsorship following McLaren’s worst season since 1980.
Mar 7, 2014, 7:00 AM EST
No change in the F1 legend’s condition as he remains in a medically-induced coma.
Mar 6, 2014, 9:45 PM EST
Phoenix winner only driver north of 190mph in Las Vegas test.
Mar 6, 2014, 8:00 PM EST
BHA rookie admits slight surprise in taking the reins of team’s No. 98 entry.
Mar 6, 2014, 6:45 PM EST
Series seeks marketing/promotional growth to match solid on-track product.
Mar 6, 2014, 6:00 PM EST
Townsend Bell, Bill Sweedler to continue in AIM-run Ferrari in TUDOR Championship.
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- Indianapolis 500 2014 Qualifying Format Revealed 5
- Schumacher “still in the wake up phase” 0
- Driver, team owner and now actor: Tony Stewart’s first edition of ‘Smoke is The Bandit’ is released (video) 0
- Chrysler orders nearly 100 pristine Dodge Vipers destroyed 6
- Instead of significant improvement, 2014 starting off the way 2013 ended for Danica Patrick (10)
- Kurt Busch gives IndyCar chance to show they’ve learned lesson on promotion (10)
- Alonso discovers an F1 take on Ellen’s Oscar “Selfie” (6)
- Chrysler orders nearly 100 pristine Dodge Vipers destroyed (6)
- UPDATED: FIA decision on Haas, new F1 teams delayed (5)