“We want to thank Panoz Motor Sports Group for making Mosport what it is today – a world-class racing venue that is host to some of North America’s best road-racing series and a place of inspiration for generations of racers in Canada,” said Boughton, on behalf of Canadian Motorsport Ventures, Ltd. “We are excited to pour our racing passion and business expertise into Mosport and look forward to working together with local government and tourism authorities to take this historic race facility to the next level in delivering the best excitement and entertainment motor racing has to offer.”

The new leadership team brings a renewed focus, fresh thinking, and a strong vision on how to maximize the potential of Mosport. Over the next 18 months, plans include the construction of a new events and meeting facility, the restoration of current buildings and spectator facilities, and track improvements to deliver the high-caliber racing experience that drivers and fans want. The company’s three key players will utilize their unique areas of strength and knowledge to guide Mosport into the future:

Al Boughton – President and Managing Partner of Trailcon Leasing and a long-time classic car enthusiast and restorer with a passion for racing.