NASCAR Permit Agreement

The Chicago Park District has entered into a permit agreement with NASCAR Events and Entertainment, LLC to host a NASCAR Cup Series event in Grant Park, Chicago, for the years 2023, 2024, and 2025. The agreement outlines the terms and conditions for the use of Grant Park, including the payment of a permit fee, the provision of exclusive rights to NASCAR, and the responsibility for restoring the park to its original condition after the event. The agreement also includes provisions for the sale of tickets, concessions, and merchandise, as well as the broadcast rights for the event. Key aspects of the contract include: * The permit fee paid by NASCAR to the Chicago Park District * The exclusive rights granted to NASCAR for the event * The responsibility for restoring the park to its original condition after the event * The sale of tickets, concessions, and merchandise * The broadcast rights for the event The scope of work for this contract includes the hosting of the NASCAR Cup Series event, including the setup and teardown of the event infrastructure, the provision of security and emergency services, and the management of the event logistics.