John Casey, who served as CFO of the Boston Grand Prix group that attempted unsuccessfully to stage an IndyCar Series race on the streets of the Massachusetts capital in 2016, was arrested last week on federal fraud charges in connection with the cancelled event.According to the Boston Herald, Casey was...

With the bankruptcy filing of the Skip Barber Racing School now making its way through the courts, Skip Barber himself – president of Lime Rock Park – has issued a statement clarifying the fact that he no longer has any connection with the school he founded."It has come to my...

An investigation of the finances related to the ill-fated IndyCar street race conducted by Boston TV station WCVB has brought a number of trouble questions to light.In May, Boston Grand Prix organizers – a group wholly independent from the Verizon IndyCar Series – canceled the inaugural event scheduled for Labor...

Related StoriesBritain's Sunday Express newspaper reports that a meeting of the bankrupt Caterham team's unpaid creditors is tao take place on Monday, which unpaid creditors will be asked to approve a potential sale of the team.Caterham lapsed into bankruptcy administration earlier this year with debts of a £16.2m ($25.3m), according...