Report: Boston Grand Prix CFO Claims He Was ‘Subjected To A Lot Of Extortion’

Tue, Jan 31, 2017 1,768

The more we learn about what led to promoters canceling the 2016 IndyCar Grand Prix of Boston, the more questions we have.

Boston Grand Prix chief financial officer John Casey on Monday told a judge he was “subjected to a lot of extortion” while attempting to organize the first IndyCar race on the streets of Boston, WCVB-TV reports.

He also described business dealings in Boston by saying, “Like Rodney Dangerfield said in ‘Back to School,’ ‘This is a fantasyland.’ ”

A BGP bankruptcy trustee is accusing Casey of misappropriating funds, forcing the organization to file for Chapter 7 bankruptcy in July.

Casey denies those accusations, and reportedly said he will be able to explain the transactions in question “once I access the FBI wiretaps that were involved in this whole process.” However, the FBI told WCVB-TV it can neither confirm nor deny claims of wiretapping.

The former BGP CFO was in court requesting a judge unfreeze his assets so he can pay for medical costs. He presented a physician’s letter to the judge, but still must show proof of his expenses before a judge approves the request.

Thumbnail photo via Mark J. Rebilas/USA TODAY Sports Images