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GRAND-AM Road Racing, American Le Mans Series Announce Historic Merger

Wednesday, Sep 05 2933

The most significant development in the history of sports car racing in North America was announced today, with plans for a landmark merger of GRAND-AM Road Racing and the American Le Mans Series (ALMS) unveiled at Daytona International Speedway.

Under terms of the merger, the following entities will combine with GRAND-AM: the American Le Mans Series; the International Motor Sports Association, which sanctions ALMS events; the Road Atlanta race track facility in Braselton, Ga.; the Chateau Elan Hotel and Conference Center in Sebring, Fla.; and Sebring International Raceway, via a reassignment of the lease agreement with the Sebring Airport Authority to operate the raceway.

Both sanctioning bodies will continue to operate separate schedules in 2013 before racing under one banner in 2014 beginning with North America’s premier sports car race, the 52nd annual Rolex 24 At Daytona. A board of directors has been formed to operate the new combined organization with GRAND-AM founder Jim France as chairman and ALMS founder Don Panoz as vice chairman. Other members: NASCAR Vice Chair/Executive Vice President Lesa France Kennedy, GRAND-AM President/CEO Ed Bennett, ALMS President/CEO Scott Atherton and NASCAR Vice President/Deputy General Counsel Karen Leetzow.

“Today’s announcement will transform sports car racing on this continent, along with having world-wide industry implications,” said Bennett. “Aside from the organizations involved, everybody wins: drivers, teams, manufacturers, sponsors, tracks – and most all, the fans.

“This new approach is going to be revolutionary, as we take the best components from two premium brands, combine them and then benefit mutually from the considerable resources both sides will bring to our efforts. This is a bold move – and the right one – for the long-term, optimum growth of sports car racing.”

Added Atherton: “This merger will blend the best assets and attributes of each organization in terms of technical rules, officiating, marketing, communications, personnel, scheduling and broadcasting. The result will be one of the strongest, most competitive and powerful motorsports marketing platforms in the world.”

Post-merger branding still is being determined for the new organization and its principal series, as are specifics regarding the 2014 schedule. Also, the competitive class structure and technical rules beginning in 2014 have yet to be finalized.

The ALMS began operations in 1999, with GRAND-AM debuting in 2000. Both organizations were created in the aftermath of the late-’90s departure of the highly popular IMSA Camel GT circuit in North America. IMSA was founded in 1969 by John Bishop and then-NASCAR President Bill France Sr.

“This merger will strengthen professional sports car racing beyond what either of our organizations could have achieved separately,” said Panoz. “The American Le Mans Series was founded for the fans and I’m personally gratified that they will benefit greatly as we now work together with GRAND-AM to take this sport to the level at which it belongs in the North American and international motorsports landscapes.”

France said the merger was exciting both “on a professional and a personal level, with me being a long-time sports car fan. This merger was achieved through a true spirit of cooperation. Moving forward, that same spirit will drive our day-to-day efforts.”

Collectively, this merger involves a total of eight sports car series racing throughout North America. GRAND-AM sanctions and operates the Rolex Sports Car Series, the Continental Tire Sports Car Challenge and the TOTAL Performance Showcase. GRAND-AM also sanctions the Ferrari Challenge that is operated by Ferrari North America. IMSA is the sanctioning body for the ALMS, the IMSA GT3 Cup Challenge by Yokohama Series, the Cooper Tires Prototype Lites Powered by Mazda Series and the Porsche GT3 Cup Challenge Canada by Michelin.

“This looks good from a business standpoint but it also ‘feels good’ from a historical standpoint,” Bennett said. “Both GRAND-AM and the ALMS have lineages tied to Daytona Beach, Daytona International Speedway and the France Family. This announcement is a proud moment for all involved, as we now look forward to a bright future for sports car racing.”

NASCAR PR

STATEMENT FROM FORD RACING

"This is an epic moment for sports car racing in America," said Jamie Allison, director, Ford Racing.  "The opportunity to take the best of ALMS and GRAND AM and create a strong, unified professional road racing series is what the fans have wanted, the teams have wanted, and the manufacturers have wanted for many years.  We at Ford congratulate the GRAND AM and ALMS leadership and all those involved in helping put the merger together for the good of the sport.

"While we await further details on the homologations and rules for the individual classes, the new, unified approach has a lot of appeal to Ford due to the potential international alignment.   We are a global auto manufacturer, and will look for this new series to align well with our global OneFord platform of vehicles and technologies.  As a manufacturer and stakeholder in the sport overall, we look forward to working with the new unified management team to frame our involvement going forward."

STATEMENT FROM IMS

GRAND-AM Road Racing, which made its Indianapolis Motor Speedway debut in 2012, will have a new look starting in 2014 after a landmark merger between GRAND-AM and the American Le Mans Series was announced Sept. 5 in Daytona Beach, Fla.

The new, unified series will debut with the Rolex 24 Hours of Daytona in 2014. GRAND-AM and ALMS will continue with their respective schedules in 2013, including the GRAND-AM Brickyard Grand Prix and Brickyard Sports Car Challenge races during the Kroger Super Weekend at the Brickyard on July 25-28.

"We congratulate and celebrate this historic merger of North American sports car racing," said Jeff Belskus, Indianapolis Motor Speedway Corporation president and chief executive officer. "It has created an even more exciting future for this thrilling form of motorsports, which was met with a very enthusiastic reception from our fans during the IMS debut of GRAND-AM in July."

More than 100 cars competed in two GRAND-AM series - the Rolex Sports Car Series and the Continental Tire Sports Car Challenge - on the 13-turn, 2.534-mile Grand Prix circuit at IMS during the Kroger Super Weekend in July 2012.

The merger involves eight sports car series racing throughout North America. GRAND-AM sanctions and operates the Rolex Sports Car Series, the Continental Tire Sports Car Challenge and the TOTAL Performance Showcase. GRAND-AM also sanctions the Ferrari Challenge that is operated by Ferrari North America. IMSA is the sanctioning body for the ALMS, the IMSA GT3 Cup Challenge by Yokohama Series, the Cooper Tires Prototype Lites Powered by Mazda Series and the Porsche GT3 Cup Challenge Canada by Michelin

STATEMENT FROM GM RACING

“This is an exciting moment in sports car racing. This merger combines the best attributes of GRAND-AM Road Racing and the American Le Mans Series to create a singularly focused series. Congratulations to Jim France and Dr. Don Panoz on having the passion for sports car racing and the vision to take it to the next level. The joining of these two series will provide a foundation for Chevrolet to develop technologies and race cars with tremendous relevancy to the production vehicles we sell today and in the future.”