Honda Indy Toronto renews key contracts through 2014

With 26 years of IndyCar racing history in Toronto, the Honda Indy continues to be a hot summer tradition and fan favourite event. Kim Green and Kevin Savoree (owners of Green Savoree Toronto LLC), recently announced the renewal of key contracts that reside at the very heart of the Honda Indy Toronto.

Contract renewals have been signed and secured with the City of Toronto, Honda Canada, Exhibition Place, Tourism Toronto and INDYCAR through to 2014. This is great news, as the annual event has entertained Toronto residents and visitors since 1986, bringing celebrities, athletes, and a festival of live entertainment to the vibrant city.

secures core features of the event through to 2014

May 14, 2012 (Toronto, ON) – Kim Green and Kevin Savoree, owners of Green Savoree Toronto LLC, announce today the renewal of contracts that reside at the heart of the Honda Indy Toronto, an annual event that has entertained Toronto residents and visitors since 1986. Contract renewals have been signed with the City of Toronto, Honda Canada, Exhibition Place, Tourism Toronto and INDYCAR through to 2014.

"The Honda Indy is a great example of the diverse sports scene in Toronto," said Mark Grimes, Chair of Exhibition Place and City Councillor for Ward 6, Etobicoke-Lakeshore. "This race, and all the great events that come with it, is a Toronto tradition that offers great entertainment for local families, fans and visitors while contributing to the economic prosperity of our city."

"Honda Canada is very proud to continue to be a key member of the team bringing the Honda Indy Toronto to our great city," said Dave Gardner, Vice President, Sales and Marketing, Honda Canada Inc. "This partnership continues to build on the successes of recent years and brings the highest level of racing excitement to Torontonians and Canadians."

"The Honda Indy Toronto is more than just a race," said David Whitaker, President and CEO of Tourism Toronto. "It's an open and accessible festival for thousands of residents, a driver of tourism and a platform through which we promote our skyline, people and landmarks to the world. We all benefit from that."

"With a strong heritage in open-wheel racing, Toronto continues to be a great fit for INDYCAR," said Randy Bernard, CEO of INDYCAR. "It's important from a business standpoint to be in one of the largest DMAs in North America. The circuit continues to produce some of our most competitive and memorable races and the Canadian race fans are some of the most enthusiastic in all of sports. Green Savoree has produced a first-class event in Toronto and we look forward to continuing our relationship well into the future."

"This event is a part of our heritage, our fabric and our future," said Charlie Johnstone, Vice President and General Manager of the Honda Indy Toronto. "We take the responsibility of putting on a good show very seriously and it is clear that a growing community of partners and fans believe in our vision and are ready to take a stake in the event."

Green Savoree Racing Promotions, organizers of the Honda Indy Toronto, was created in 2009 to manage the Toronto event with a focus on partnerships, people and fiscal responsibility.

"Auto racing is exciting and accessible for fans, but it is also very attractive to corporate and public partners," said Kim Green, Co-Owner of Green Savoree Racing promotions. "We wish to thank Honda Canada and all of our partners for helping us bring the Honda Indy Toronto to life."

About Honda Indy Toronto

The Honda Indy Toronto takes place July 6-8, 2012 on the streets surrounding Exhibition Place near Lake Ontario and downtown Toronto. With 26 years of IndyCar racing history in Toronto, the Honda Indy Toronto is among the most respected motorsports events in North America and includes the fastest racing series on the planet, celebrity athletes, and a festival of live entertainment and interactive activities.

For more information, visit hondaindytoronto.com. Follow the Honda Indy Toronto on Twitter @HondaIndy and 'Like' us on Facebook at facebook.com/HondaIndyToronto