By Paul Maryniak | San Tan Sun
The Bondurant School of High Performance Driving is no more.
The storied school on the Gila River Indian Community – just a stone’s throw from Chandler – has been renamed Radford Racing School by owner Stig Investments.
The renaming, announced last week, not only brings a new storied name in automobiles to the site but also resolves a three-year legal fight that school founder Bob Bondurant and his wife Patricia waged in a desperate bid to hang on to the debt-ridden school.
First, the Bondurants tried to keep the school from being sold at an auction in federal bankruptcy court to pay off some of its $3.5 million in debts. That effort failed when Stig Investments bought it in May 2019 for $1.7 million.
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By CNBC Lucid Group said Monday it is cutting its U.S. workforce by approximately 18% as part of a cost-savings plan. The all-electric vehicle maker said
