Friday, June 3, 2011

Mosport purchased by Ron Fellows-led investor group

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canadian motorsports ventures limited and ron fellows

Mosport International Raceway is Canada's motorsports mecca. Located in Ontario, the facility features a 2.5-mile-long track, 1.5-mile-long driver training circuit and a nearly 1-mile-long kart track. Now Mosport also features new owners.

Canadian Motorsports Ventures has taken over ownership of the track. The business group was established by Corvette master wheel-man Ron Fellows. His group takes over control of the facility, which was previously owned by Panoz Motor Sports Group. Fellows and his team are happy to have Mosport under a Canadian-controlled business group, while the Panoz crew has expressed happiness in making the deal happen. Panoz owns the American Le Mans Racing series, which includes a stop in Ontario to race around Mosport, so the two groups will clearly be working together in the future.

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Mosport purchased by Ron Fellows-led investor group originally appeared on Autoblog on Fri, 03 Jun 2011 08:31:00 EST. Please see our terms for use of feeds.

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Source: http://www.autoblog.com/2011/06/03/mosport-purchased-by-ron-fellows-led-investor-group/

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