Honda Canada and Andretti Green Toronto have signed a deal to re-establish the Toronto Indy in 2009. The event, scheduled to take place July 10 to 12 at Exhibition Place, will be called the Honda Indy Toronto. The Indy, first held here in 1986, was dropped from the racing circuit this past summer when the Indy Racing League and the Champ Car World Series reunited. "We are so excited to be involved with bringing this great event back to its roots and a huge loyal fan base in Ontario," said Kevin Savoree, president of Andretti Green Toronto.
The Province of Ontario, the city, and Tourism Toronto are also supporting the event. The province is providing $1 million a year for each of the next three years to Andretti Green, a promotions company owned by seven-time Indy winner Michael Andretti. "Ontario welcomes the Toronto Indy, and with it, hundreds of thousands of racing fans from across the province, the U.S., and overseas," said Tourism Minister Peter Fonseca. "We're proud to partner with Andretti Green Racing to re-establish the Toronto Indy as another exciting summer draw for visitors to our province."