Associates of Laguna Seca and A&D Narigi Consulting, LLC announce termination of administration settlement

Associates of Laguna Seca and A&D Narigi Consulting, LLC in the present day collectively introduced that the Administration Settlement between the events will terminate on Dec. 31, 2024.

“Since 2020, A&D Narigi, LLC has completed a terrific service to Monterey County and Laguna Seca Recreation Space, together with WeatherTech Raceway Laguna Seca, in returning the operations of the power to profitability and within the many enhancements made to the park throughout the previous few years, together with the brand new racing floor and Mission Meals Bridge,” mentioned Ross Merrill, president of the Associates of Laguna Seca. “Associates will take over administration of Laguna Seca whereas retaining all present staff. We’re trying ahead to a vivid future for Laguna Seca below our new working construction.”

“I’ve put loads of effort and time into Laguna Seca Recreation Space and WeatherTech Raceway, and I’m extraordinarily pleased with my groups’ efforts, which have yielded spectacular outcomes, in addition to my private {and professional} dedication to its future these previous 5 years,” mentioned John Narigi, president of A&D Narigi Consulting, LLC.

Ribbon reducing and passing of the keys ceremony on the 2024 Rolex Monterey Motorsports Reunion. Picture by Lisa Watt

A&D Narigi, LLC determined that the termination of the administration settlement is the perfect step ahead for Laguna Seca and for Associates to execute its long-term imaginative and prescient for the power.

It was introduced this previous April that Associates of Laguna Seca would assume a long-term settlement to take over operation of the Laguna Seca Recreation Space and its signature WeatherTech Raceway Laguna Seca. The non-profit group is creating a long-term grasp plan that goals to boost fan experiences and elevate the raceway and park whereas aiming to protect its historic attraction.