TORONTO, Ont. — Trailcon Leasing president Alan Boughton and two business partners have purchased Mosport International Raceway.
The famous racetrack, located near Bowmanville, Ont., was purchased from Panoz Motor Sports Group. Boughton takes over along with partners, Canadian racer Ron Fellows and real estate developer Carlo Fidani. Current president and general manager Myles Brandt will continue to run day-to-day operations, the new ownership group announced.
Boughton said he is excited to turn his longtime passion for auto racing into a business venture. The new ownership group is named Canadian Motorsport Ventures and will aim to create “new and exciting opportunities for race fans, corporate partners and drivers on an international scale,” according to a press release.
Mosport is Canada’s largest racing facility and has hosted Formula 1 races in the past. Boughton will continue running Trailcon in addition to his new motorsports business interest.
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