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The NASCAR Cup Series will take place Sunday July 2, 2023. It will be the first race of it’s kind in the city and run for the next three years.
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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But we already have Nascar races all over downtown, Lake shore drive (or whatever it’s name) and lower wacker most summer nights!
This was talked about over twenty years ago for Chicago, but the aldermen in the minority wards basically blocked it because there was nothing in it for them or their wards. That might be why Lori hasn’t talked to any of them about it. Downtown and also the abandoned US Steel sight on the lake were looked at. Looks like the same concept. We’ll see how the aldermen respond. And the comment re Chicagoans not being the core of the NASCAR crowd is correct. Remember, NASCAR pulled out of the Joliet track just a few years ago due to low… Read more »
Did anyone tell Lori that your typical NASCAR fan is a knuckle dragging, deplorable Trump supporter. Is she going to advertise all of Chicago’s virtues to these fans. I don’t see these fans coming to Chicago especially when they see the hotel prices and what it will cost to park their pickup truck downtown. I can see some fans from nearby coming strictly to see the race but they’re probably not happy it’s in Chicago. I don’t see this as a big boon to tourism.
I think this is going to be a spectacular failure, and there probably won’t be a second race after the first one fails. There will be crime incidents involving tourists, and they will make the national news. Chicago residents are not NASCAR people, and NASCAR people are not Chicago lovers.
I can’t think of a more tone deaf event, this is totally out of place. This would be like the NRA holding their national convention at the Hilton on South Michigan Ave.
It’s the perfect location. Downtown Chicago is dead and streets are largely empty. This is just Lori’s latest revenue generating scheme. She plans to collect thousands from all the red light camera violations.
I have heard that she is going to install red light cameras every 100 yards on the race course. It’s for the children, you know.
Wait till one of the drivers gets carjacked
As I said at Racer.com, it’ll be the first race where a driver gets carjacked making a pit stop.