Wednesday, August 03, 2005

Indy Racing in Philadelphia?

Paul Newman (the salad dressing guy and actor) and representatives from “Champ Car World Series” are scheduled to meet with senior City officials this afternoon to discuss holding an Indianapolis Speedway-style race on Philadelphia streets. Champ Car draws international media coverage and an average of 150,000 fans per event and could generate $25 million to $50 million in revenue, including 10,000 room nights at local hotels (see story). Watching a bunch of cars rip around Philadelphia streets; can’t we already do that during rush hour? But seriously, if it’s good for the Philadelphia economy, America’s Hometown is for it (and would probably go down to watch it).

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