Several groups are angling to seize control of Baltimore’s Grand Prix as city officials seek a new management team in the wake of the financial collapse of the company that organized the inaugural race,
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At least two teams each headed by a former organizer of IndyCar races elsewhere plan to submit proposals to take over the racing festival,
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Deputy Mayor Kaliope Parthemos said she has asked interested parties to submit a proposal by Saturday that demonstrates that they have the money and management experience to run such an event,
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She declined to identify the groups but said city officials remain in discussions with "a couple of people." The city announced last week that it was severing its contract with Baltimore Racing Development, which put on the Labor Day weekend event.

Sources close to the negotiations say Dale Dillon, owner of an Indianapolis based construction company, has emerged as a front runner to take over the racing contract. Dillon did not respond to requests for comment.

Dillon has helped organize IndyCar races in St. Petersburg, Fla., and Toronto and is part of a team trying to bring a race to Fort Lauderdale, Fla. He served as Baltimore Racing Development’s general manager in the final weeks before the race,
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Dawson, a Baltimore resident, has close ties to one of Baltimore Racing Development’s managers, Walker Mygatt, and had proposed a plan to take over the struggling company. Under Dawson’s proposal,
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Coverage of the city’s dissolution of the contract has led to interest from a new group which, like Dillon, has helped run Toronto’s race.

Geoff Whaling, CEO of North American Motorsport Events Inc., said he plans to submit a proposal to manage the race in 2012 by Saturday’s deadline after reading about the event in The Baltimore Sun.

"I’m interested in ensuring that it continues," he said of the Baltimore Grand Prix. "I’m really excited by the race’s potential."

Whaling, who is married to former racecar driver Trisha Hessinger, partnered with actor Paul Newman to bring urban races to New York and Philadelphia.

Whaling, the former head of economic planning and tourism for the city of Toronto, said he designed and implemented a plan for that city’s race, called the Molson Indy Festival.

"Our event was successful because we knew not everybody was going to be a race fan," he said. "We really turned it into a festival."

He declined to reveal details of his proposal for the Baltimore event, but said he planned to run it as a nonprofit.

After weeks of warnings,
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Parthemos,
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Racing analysts say the new group must take over by March to prepare for an event in September,
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City officials said they would be open to a new proposal from Baltimore Racing Development but stressed that the group would have to become solvent and demonstrate a plan to effectively manage the event.

The company’s debts include millions of dollars owed to vendors,
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The company remains entangled in lawsuits. Among those who have sued the company are its founder, an early investor,
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Several local teams have investigated the prospect of taking over the race,
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Lee Corrigan,
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