Such a deal has not been codified between the city and NASCAR, according to an open records request received by the Tribune earlier this month. Rather, NASCAR and the city have so far only reached a verbal commitment in which NASCAR said it will chip in an extra $2 million payment this year and next that the Johnson administration said it hopes will help the city turn a profit on the event.
For the 2023 race, NASCAR paid $620,000 to the Chicago Park District, which included a base $500,000 fee to transform the streets around Grant Park into a 2.2-mile racetrack and $120,000 for the district's cut of ticket, food, beverage and merchandise sales. On top of it, NASCAR said it paid $1.8 million in amusement taxes to the city and county for tickets sold.
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