[krazycanuck]

http://www.edmontonjournal.com/sport...165/story.html

On Friday, the city announced an end to its signature motorsport event after the promoter decided not to stage a race next year.

“It was a fabulous event to go to and it created a lot of buzz and excitement, but it is an eight-year run whose time is up,” Lorna Rosen, the chief financial officer for the City of Edmonton, said during a hastily called news conference. “We tried everything we can think of to make it a success, and the races were good, but the profitability as a business venture just wasn’t there (for the promoter).”


The race had been produced without a title sponsor the last two years by Octane Motorsports, which relinquished its option for a third event in 2013. On Friday, the Montreal-based company filed a bankruptcy notice in the Superior Court of Quebec.

So, how long until we see the "Calgary Indy" announced?