How rich is Gerald Forsythe?
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Gerald (Gerry) Forsythe (produced in Marshall, Illinois) is an American businessman and auto racing magnate, best known for being among the three guys (Kevin Kalkhoven and Paul Gentilozzi will be the other two) that possessed the Champ Car World Series. Forsythe also possesses a racing team, Forsythe Championship Racing, that competed in the Champ Car series.
In 1995, Gerald Forsythe returned to complete possession of a race team and kept Player’s as his patron. Since that point, several noteworthy drivers (mainly Canadians) have driven for him, including Greg Moore, Patrick Carpentier, Alex Tagliani and, most recently, Paul Tracy. Following the 2003 effort, Gerald Forsythe pooled resources with fellow team owners Kevin Kalkhoven and Paul Gentilozzi to buy HANDCART’s liquidated assets and create the Champ Car World Series. His team, now called Forsythe Championship Racing after losing Player’s as a patron as a result of Canadian anti-tobacco laws, quickly joined the newest circuit. Soon after, he and his associates bought CART’s only engine supplier, Cosworth, as well as in 2006 Forsythe and Kalkhoven formed the Grand Prix Association of Toronto to buy control of the Molson Indy Toronto, one of Champ Car’s marquee races, from Molson.