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IndyCar sorry to lose Edmonton

IndyCar Series officials say they are sorry to lose Edmonton from the series calendar next year, following a disagreement over funding between the city and the event promoter

Octane Management signed a three-year deal to promote the event in 2009, but when the city refused to contribute funds to reconfigure the airfield track to allow one of the runways to remain operational during the event, the agreement collapsed.

"We are disappointed that the city and the promoter were unable to reach an agreement on the venue changes," said the IndyCar statement. "It's unfortunate that in a time when IndyCar is experiencing momentum and growth, the city would want to miss out on the opportunity to be part of it.

"We've enjoyed our time at Edmonton as the fans there truly embraced IndyCar. We currently are examining options for our schedule to see if there are opportunities to replace the event.

"As we move ahead into 2011, we are confident that our schedule will continue to produce the fastest and most versatile racing in the world, challenging both driver and team alike while providing exciting entertainment for fans."

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