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In a historic move to ensure the long-term future of the Laguna Seca Recreation Area, home to WeatherTech Raceway Laguna Seca, the Monterey County Board of Supervisors today approved a new, long term concession agreement with the local non-profit Friends of Laguna Seca.
First District Supervisor and Board Chair Luis Alejo announced the 5-0 decision and hailed it as a significant positive step for Laguna Seca and the community of Monterey County.
“On behalf of Friends of Laguna Seca, I want to thank the Board of Supervisors of Monterey County and A&D Narigi LLC for their cooperation and support in creating this valuable public/ private partnership that will secure the financial stability and long-term future for Laguna Seca,” said Ross Merrill, President of Friends of Laguna Seca. “The positive energy of this collaboration will serve as a springboard to new opportunities for lasting benefit of Laguna Seca and our local community for many years to come.”
“One of the primary initiatives of the Board of Supervisors when we began managing Laguna Seca in January 2020 was to assess the business and make recommendations on how to improve the facility and its business model,” says John Narigi, President and General Manager of Laguna Seca Recreation Area.
“After three years, it is readily apparent that entering into along-term concession agreement with Friends of Laguna Seca is the right strategy for future financial success and sustainability of the enterprise. The individuals who comprise FLS are all successful business people who share the collective vision and passion for what Laguna Seca can be now and should be in the future.”