For the second time in approximately a year, there has been a change in the ownership structure at Canadian Tire Motorsport Park, formerly Mosport International Raceway.
In June 2011, it was announced that race driver Ron Fellows and two Toronto-area businessmen, Alan Boughton and Carlo Fidani, had purchased the legendary circuit from Dr. Don Panoz.
Friday, Fellows confirmed that Fidani had bought out Boughton and the property, which includes the Grand Prix course, a speedway and several training facilities, now belongs to just the two of them.
"Al found he didn't have enough time for both and wanted to concentrate on his Trailcon Leasing business so he and Carlo came to an agreement," Fellows said.
Other than that the ownership group is now made up of two rather than three people, Fellows said nothing else had changed.
"It takes a lot of time and energy to manage an enterprise like this," he said, "but I'm just so proud to be associated with it."
Fellows, who said the change won't have any effect on his personal racing plans this season, was speaking "from the lower paddock" at the storied circuit north of Bowmanville where the Victoria Day Speedfest Weekend was getting going Friday.
Headline event Sunday will be the opening race of the 2012 NASCAR Canadian Tire Series season. It gets the green flag in the early afternoon. The Trans-Am Series, Canadian Touring Car Championship and the Porsche GT3 Series will also see action.