The Long Beach city council are to meet during a closed session on Tuesday to discuss the possibility of putting the contract for the city's grand prix out to bid. Currently IndyCar has a contract to race on the streets of Long Beach until 2015 and has done so for the past 39 years. However after Bernie Ecclestone wrote to the council last year expressing an interest in taking over the contract, the council will now consider whether they should renew IndyCar's contract or put it to tender. "Please be advised that Formula 1 is interested in returning to your city, and we will consider the appropriate entity to make such a bid if you decide to permit such a process," read an exerpt...
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