Mar 31, 2013, 1:00 PM EDT
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.”
Apr 18, 2015, 9:05 PM EDT
With 1-2-5 in qualifying at Long Beach, Team Penske’s hot streak on Saturdays continues to open 2015.
Apr 18, 2015, 8:49 PM EDT
Polesitting entries bring it home Saturday at Long Beach for the TUDOR Championship.
Apr 18, 2015, 8:15 PM EDT
Scott Dixon hopes for success at Long Beach, a track he considers a “thorn in the side.”
Apr 18, 2015, 8:05 PM EDT
Ryan Hunter-Reay begins rebound from NOLA wreck by qualifying fourth in Long Beach.
Apr 18, 2015, 6:44 PM EDT
NBCSN IndyCar analyst Townsend Bell returns to the Indianapolis 500 with Dreyer & Reinbold/Kingdom Racing.
Apr 18, 2015, 6:19 PM EDT
Helio Castroneves brings Team Penske its third consecutive pole to start the season.
Apr 18, 2015, 5:52 PM EDT
IndyCar qualifying about to go on NBCSN and NBC Sports Live Extra.
Apr 18, 2015, 5:28 PM EDT
Jack Harvey will start from the pole for Sunday’s Indy Lights race in Long Beach.
Apr 18, 2015, 5:00 PM EDT
American driver Alexander Rossi performs admirably to finish third, having lost the lead of the race with two laps remaining.
Apr 18, 2015, 3:15 PM EDT
Despite expecting to struggle in Bahrain, Sainz will start the race from ninth place on Sunday.
Apr 18, 2015, 2:40 PM EDT
Grosjean believes he could have qualified higher up the grid, but is pleased to have maintained his 100% Q3 record in 2015.
Apr 18, 2015, 2:12 PM EDT
Simon Pagenaud led IndyCar’s final practice session in Long Beach.
Apr 18, 2015, 2:07 PM EDT
Daniel Ricciardo fares far better in the sister Red Bull, qualifying seventh in Bahrain.
Apr 18, 2015, 2:00 PM EDT
Former Red Bull driver believes that the focus should not be on tire management, but instead on driver ability and pace.
Apr 18, 2015, 1:30 PM EDT
Rosberg misses out on the front row for the second time in three races, exposing Mercedes to the threat from Ferrari in the race.
Apr 18, 2015, 1:04 PM EDT
Conor Daly gets a last-minute IndyCar shot with Dale Coyne Racing.
Apr 18, 2015, 1:00 PM EDT
Four-time world champion qualified second for the Bahrain Grand Prix, splitting the Mercedes drivers at the front of the grid.
Apr 18, 2015, 12:30 PM EDT
The defending F1 world champion feels more at ease with this year’s car in Bahrain, allowing him to dominate qualifying on Saturday.
- Castroneves secures pole in IndyCar qualifying at Long Beach 0
- Hamilton eases to fourth straight pole position in Bahrain 0
- Hamilton closes out Bahrain GP practice on top 0
- INDYCAR confirms more aero kit updates coming to Long Beach 1
- Rocky Moran Jr. to replace Huertas in Coyne’s No. 18 for Long Beach 7
- Rosberg heads up Mercedes one-two in Bahrain FP2 1
- Kimi Raikkonen quickest in first practice for Bahrain GP 2