Canadian racing legend Ron Fellows and partners in Canadian Motorsport Ventures Ltd. have announced the purchase of Mosport International Raceway. The new leadership group brings fresh thinking and a strong vision on how to maximize the potential of the legendary Canadian road course and deliver the high caliber racing experience that fans, sponsors, teams and drivers want.

Fellows has a long-standing relationship with Mosport, starting from the age of eleven when he attended his first race. Mosport is also where Fellows won his first Drivers Championship, first Trans AM Series victory, first prototype sports cars win, three straight class victories in the American Le Mans Series, and most recently in 2010, a series victory in SCCA World Challenge in Mosport’s 50th anniversary year.

“We could not be more pleased to be returning Mosport back to Canadian ownership and stewardship,” said Scott Atherton, president and CEO of Panoz Motor Sports Group. “The new owners represent the best possible combination of top quality business professionals, enthusiasts and resources. Canadian race fans have a lot of very positive things to look forward to at Mosport.”

Atherton also confirmed that the American Le Mans Series,which is owned by Panoz Motor Sports Group, will return to Mosport for the forseeable future. The ALMS event is one of two major weekends on the Mosport calendar.

For further information, check out the Mosport web site.