Under fire for giving away the store, Chicago Park District Supt. Rosa Escareño is defending the terms of NASCAR’s agreement to rent Grant Park as “consistent with how Lollapalooza was treated when it started.”
The three-year agreement, with a two-year renewal option, for the NASCAR Chicago Street Race calls for the Park District to receive a $500,000 permit fee, 15% of net commissions on the sale of concessions and merchandise, and $2 for every admission ticket sold.
