A New Era: Iconic Ownership Group Takes the Wheel at Canadian Tire Motorsport Park
If you have ever stood on the spectator hill at Turn 2, watching the mist roll off the asphalt in the early morning, you understand that this place is more than just a race track. It is a cathedral of speed. For decades, the facility known affectionately to the faithful as “Mosport” has been the proving ground for legends, from Stirling Moss to Gilles Villeneuve, and a staple for NASCAR and IMSA diehards.
Now, Canadian Tire Motorsport Park is turning the page to a new chapter, and for those of us who live and breathe gasoline, the names on the new deed bring a massive sigh of relief. It was confirmed today that a new ownership group has taken the reins of this legendary venue. Led by Peter Thomson, the group includes partners Alek Krstajic and Chris Pfaff, whose name will instantly resonate with anyone who follows GT racing.
The Right Hands for a Historic Venue
When news breaks about a historic track changing hands, the collective heart rate of the racing community usually spikes. We worry about condos. We worry about noise ordinances. We worry about the soul of the track being paved over for corporate interests.But this announcement feels different. This feels like stewardship.
Chris Pfaffโs involvement is the headline that should let fans sleep easily. As the man behind Pfaff Motorsports, the team responsible for the iconic “Plaid Porsche” that has terrorized GTD fields in IMSA, he isnโt just a suit in a boardroom. He is a racer. He understands the culture of the paddock and the passion of the fans because he has been in the trenches with them.
In a statement regarding the acquisition, Pfaff hit all the right notes for those of us who treat Canadian Tire Motorsport Park like a second home.”Canadian Tire Motorsport Park is a place with deep heritage and a loyal community,” Pfaff said. “Our team is proud to be its next steward. Weโre committed to respecting everything that makes CTMP special today, while building the foundation for an elevated experience in the years ahead.”Notice the word steward. That implies caretaking, not just conquering.
Stability in the Front Office
Perhaps the most crucial piece of this puzzle is what isn’t changing. The new ownership group has confirmed that the existing management team and staff at Canadian Tire Motorsport Park aren’t going anywhere. Myles Brandt, the President and General Manager who has steered the ship through decades of changes, remains at the helm.
This ensures that when the haulers roll in for the next Victoria Day SpeedFest or the Chevrolet Grand Prix, the operations will run with the same precision we have come to expect. It means the relationships built over the years with teams, sponsors, and the fan base remain intact. It is a clever play by Thomson, Pfaff, and Krstajic. You don’t buy a winning race car and immediately fire the crew chief who knows how to set it up.
The Future of Canadian Tire Motorsport Park
While the immediate focus is on “business as usual” and ensuring the 2026 calendar runs smoothly, there is buzz about what comes next. The ink is barely dry, but the group has already teased a broader vision for the facility.
We are going to have to wait a few months for the details, however. The roadmap for the long-term development of Canadian Tire Motorsport Park is set to be unveiled at the Canadian International Auto Show in February 2026. They are promising an investment strategy that enhances the track’s role not just in motorsport but also in the entertainment space.
Does this mean upgrades to fan amenities at Canadian Tire Motorsport Park? New hospitality structures? Perhaps a return of other major sanctioning bodies? For now, we can only speculate. But knowing the pedigree of the people now holding the keys, the ceiling for this venue just got a lot higher.
Preserving the Legacy of Mosport
Since 1961, this ribbon of tarmac north of Bowmanville has separated the brave from the tentative. It is fast, it is intimidating, and it has character that modern Tilke-dromes just canโt replicate. It is one of the few places left where you can still feel the ghosts of the Can-Am era thundering down the Mario Andretti Straightaway.
The transition of ownership at Canadian Tire Motorsport Park is a delicate moment, but it appears to be a triumph for Canadian motorsport. We have an ownership group that brings financial weight, business acumen, and, most importantly, genuine racing DNA to the table. As we look toward the 2026 season, the message is clear: The legacy is safe, but the future is about to get a whole lot faster. See you at the track.
