Links - Edmonton Indy to go ahead in 2010 despite financia - North River Minor Hockey Association

Edmonton Indy to go ahead in 2010 despite financial losses LOGINREGISTERHELPYOU ARE NOT LOGGED IN NHLNBAMLBCFLNFLCurlingTennisGolfSoccerNASCARFormula OneIndyCar NASCAR Canadian Tire SeriesNationwideCamping WorldAuto RacingWorld JuniorsSpengler CupMenS WHCWomenS WHCHockey CanadaAHLBoxingCanada GamesCHLCISECHLFigure SkatingLacrosseMMANCAASkiingSummer SportsWinter SportsMoreOlympicsFantasyDaily LineShowsTSN TalentCommunityMainScheduleStandingsChampionsAllTime WinsNASCAR ScheduleStandingsChampionsTeams AllTime WinsFormula One ScheduleStandingsChampions AllTime WinsIndyCarNASCAR Canadian Tire SeriesScheduleStandingsChampions AllTime WinsNationwide ScheduleStandingsChampions AllTime WinsCamping World eotText SizeThe Edmonton Indy will go ahead in 2010 despite the fact this years race lost millions of dollars and next years event isnt likely to be any more profitableEdmonton city council voted unanimously to honour the final year of its three year contract with the Indy Racing League but refused to say what the future holds for the race beyond next yearEvery councillor realizes that we cant be a city that doesnt honour our commitments said Coun Kim Krushell Yes were moving forward with 2010 Are we happy about losing dollars NoThe Edmonton Indy lost $39million this year which was less than the $53million the race lost in its first year of operationThe city may also look to the federal government to step up to the financial plate much like it did with the city of Montreal and the Canadian Grand Prix Formula One race Edmonton mayor Stephen Mandel says he expects losses to be fewer next year adding not enough sponsorships or corporate booths were sold for this years race Mandel says he can see a future for the race beyond 2010 calling it a valuable tourist attractionlog inLatestOldestHighest ScoreLowest ScoreKarma 44 Yeahs0 BoosYeahBoocrescentstfestivalDecember 10 2009 1232PMWent last summerThe Canadian Tire race was better than the IRL raceNo beer lineupsmaybe because theyre $750 a cupAny race that uses traffic cones as breaking markers is a joke report this commentKarma 42 Yeahs0 BoosYeahBootheo60December 9 2009 300PMjohnb Don Panoz owns Mosport and the ALMS I would say it is unlikely he would drop his own track from the calendar report this commentKarma 64 Yeahs3 BoosYeahBoocurtiswarnerDecember 9 2009 1127AMA bunch of the IRL races (including the ever exciting final races for the championship) werent even on Cdn tv this past year Indy George wanted to make this thing an American racing league well you got what you asked for Dont look internationally to subsidize your mistakes No race in 2011 and beyond Id rather watch log rolling report this commentKarma 46 Yeahs2 BoosYeahBooSanomanDecember 8 2009 715PMIve attended all the CART Events in Edmonton and its a pretty good event Had I not moved to Ontario I...