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Boston IndyCar race organizers file for bankruptcy (The Associated Press)
The organization that unsuccessfully tried to bring an IndyCar race to Boston has filed for bankruptcy, saying it has almost $9 million in liabilities and about $60,000 in assets. Boston Grand Prix said in its bankruptcy filing Tuesday that its liabilities include more than $1.5 million owed to people who bought tickets for the race, which was supposed to be held over the Labor Day weekend. City officials, in turn, said the race course group was disorganized. More...
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