For all the concerned IndyCar fans that Long Beach could be snapped up by Liberty Media and return to Formula 1, Kevin Kalkhoven has a message: relax. "We haven't heard from anyone in F1 or negotiated with anyone in F1, but it's really not practical for us," said Kalkhoven, who co-owns the iconic street race's rights along with Gerald Forsythe and has a contract through 2018 with IndyCar. "The real issue is that, together with the tens of millions of dollars for physical reconstruction of the circuit, paddock and pits, plus the tens of millions of dollars for the sanction fee – I believe COTA pays $25 million and Texas taxpayers subsidize that – the cost of the race...
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