MONTEREY, Calif. — The County of Monterey Board of Supervisors recently approved the project budget of $14,902,198 and directed staff to proceed with replacing the start/finish bridge and resurfacing the 2.238-mile road course at WeatherTech Raceway Laguna Seca. In April, the Board of Supervisors approved an estimated cost of $9,725,000 for the two critical projects. But because of the unprecedented worldwide influences of increased transportation and petroleum costs, the cost of the project came in well over the estimate. “I will admit that I was very concerned the increased costs that were completely out of anyone’s control might negatively affect proceeding with the project,” Narigi added.
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