San Diego, CA
San Diego Padres to sell team to investor group led by Kwanza Jones and José E. Feliciano, who will become the second Latino owner in baseball | Fortune
The San Diego Padres have reached an agreement to sell control of the team to an investor group led by Kwanza Jones and José E. Feliciano.
The family of late owner Peter Seidler formally announced the deal Saturday. The sale must still be approved by Major League Baseball.
The deal with private equity billionaire Feliciano and his wife took shape last month at an MLB-record valuation of $3.9 billion. The Padres’ announcement of the deal didn’t give specifics on the members of the investor group or the purchase price.
“The Padres are more than a baseball team; they are a unifying force in San Diego, rooted in community, connection and belonging,” Jones and Feliciano said in a joint statement. “As life and business partners, and as a family, we are honored to lead this next chapter together. We have worked hard for everything we have achieved, and we have built it together. We see that same spirit in this team and its fans, and we know what it takes to win. We are committed to showing up, listening and earning the trust of this community while building on the strong foundation established by the Seidler family.
“This is about more than baseball — it’s about boosting the pride, energy, and connection that define the Padres, investing in community, deepening belonging and ensuring this team remains accessible and endures for generations. We are all in — with the goal of bringing a World Series championship to San Diego.”
Seidler’s family began to explore a sale of the Padres last November, two years after the death of the popular Peter Seidler, who became the Padres’ primary owner in 2020. His brother, John Seidler, has served as the Padres’ chairman since his death.
“When I became control person, my goal was to continue building on our recent success in pursuit of a World Series championship for the city of San Diego and our faithful fans,” John Seidler said in a statement. “As I pass the baton to Kwanza and José, I do so with full confidence that they share that vision as well as the Padres’ deep commitment to San Diego. It’s what the team, our fans and the community deserve. Our family loves this team.”
Peter Seidler joined the Padres’ ownership group in 2012 when John Moores sold the team for $800 million to a group headed by Ron Fowler. Seidler took over and immediately endeared himself to San Diego’s fans with his aggressive financial backing of general manager A.J. Preller, who built a team that has reached the playoffs in four of the past six years.
The Padres have been a hot ticket for several years as San Diego’s only team in the four biggest North American sports leagues, ranking second in the majors in attendance last season. Preller’s roster is off to another strong start this season, sitting second in the NL West at 19-12 heading into a home game against the Chicago White Sox on Saturday night.
Jones and Feliciano already got a start on their new endeavor last month when they traveled to Mexico City to watch the Padres’ international series against the Arizona Diamondbacks. The couple was spotted sitting with Padres CEO Erik Greupner.
Feliciano will become the second Latino owner in baseball, joining Los Angeles Angels owner Arte Moreno. Latino and Hispanic players comprise roughly 30% of major league rosters.
San Diego, CA
It’s NASCAR weekend in Coronado. Here’s what San Diegans need to know.
San Diego County will be the center of NASCAR nation this weekend, with fans flocking to Naval Base Coronado for three days of events.
This is the first-ever Cup race held in San Diego County and the NASCAR community is also presenting it as its way of celebrating the 250th anniversary of the U.S. Navy.
Tickets are completely sold out, but locals can still get in on the fun at various event and activities taking place across the region.
Here’s what to know about this one-of-a-kind weekend in San Diego. Full coverage of NASCAR San Diego Weekend can be found at sandiegouniontribune.com/tag/nascar.
What is NASCAR San Diego Weekend?
The three-day event begins with Friday’s Craftsman Truck Series race, continues with an O’Reilly Auto Parts series race on Saturday and wraps Sunday with the Anduril 250.
Grandstands with a capacity for 40,000 fans have been erected, with another 10,000 spectators expected to occupy standing areas around the grounds.
Here’s a turn-by-turn look at Naval Base Coronado’s race circuit
When is it taking place?
Parking lots, which are on base, open each day at 7 a.m. and gates open at 9 a.m.
The Craftsman Truck Series takes place Friday at 4 p.m. The O’Reilly Auto Parts series race blasts off at 2 p.m. Saturday. The main event, NASCAR Cup Series Race, happens Sunday at 1 p.m.
A race-by-race look at NASCAR’s San Diego Weekend
Each day will also feature entertainment, driver Q&As and other activities.
Where is it?
Naval Base Coronado will host the weekend’s activities. All fans in attendance must carry a valid government-issued photo ID at all times.
Going to this weekend’s NASCAR races in Coronado? Here’s what you need to know
All event parking will be located on Naval Base Coronado. There is no event parking available within the city of Coronado.
Who is racing?
Shane Van Gisbergen, Tyler Reddick, Mike McDowell, Chase Elliott and Ty Gibbs are just a few of the names to expect this weekend. A full lineup can be found at nascarsandiego.com/nascar-san-diego-mission-lineup.
These 13 Cup racers could all win Sunday’s Anduril 250 in Coronado
How to watch on TV:
Craftsman Trucks Series race: 4 p.m. Friday on Fox Sports 1
O’Reilly Auto Parts Series race: 2 p.m. Saturday on The CW
NASCAR Cup race: Sunday at 1 p.m. on Prime Video
Local events:
San Diegans have a range of options for getting in on the fun of NASCAR weekend in Coronado, including meet and greets with drivers, watch parties and fan zones.
Your guide to fan events during NASCAR San Diego Weekend
More coverage:
San Diego, CA
NASCAR makes history with inaugural Naval Base Coronado race
CORONADO, Calif. (FOX 5/KUSI) — Final preparations are underway for NASCAR’s historic race weekend at Naval Base Coronado, where stock cars will compete on an active military installation for the first time in the sport’s history.
Crews, race teams, military personnel, first responders and event staff spent Thursday putting the finishing touches on the temporary road course as thousands of fans prepare to descend on the base for the inaugural event.
“The countdown is on,” as organizers work to transform portions of the installation into a race venue unlike any NASCAR has hosted before.
“It’s a very proud moment for NASCAR and myself and my company for being part of it,” said Jordan Litchko, a NASCAR production partner with ignition production. “It’s the America 250, so what a year to celebrate and be here on the naval base.”
Officials say the event marks the first time a NASCAR national series race has been held on a military base, bringing one of America’s most recognizable motorsports directly onto a working military installation.
Unlike traditional oval tracks, competitors will tackle a temporary road course built specifically for the event.
“It’s a road course race, which adds way more excitement, so it’s going to be ultra challenging,” Litchko said.
Thursday’s preparations included long lines of team members, vendors, staff and emergency personnel picking up credentials and completing security and base access requirements ahead of race weekend.
Meanwhile, drivers and crews got their first close look at the unique layout, which winds through portions of the base and presents a challenge far different from a conventional speedway.
With large crowds expected throughout the weekend, organizers are encouraging fans to plan ahead and allow extra travel time. Traffic delays are anticipated around Naval Base Coronado and nearby access points as spectators arrive for the event.
After months of planning and construction, the wait is nearly over.
On Friday, engines will roar to life aboard Naval Base Coronado, marking a milestone moment for NASCAR and creating a new chapter in the sport’s history. By the weekend’s end, fans will witness a race unlike any ever held before — stock cars competing on a military base in the heart of San Diego.
San Diego, CA
San Diego begins installing parking meters in San Ysidro business district
SAN DIEGO (CNS) – The City of San Diego is beginning to install 286 metered parking spaces this week in downtown San Ysidro in an effort to increase parking turnover, it was announced Thursday.
To develop the plan, city leaders worked with the San Ysidro business community. Revenue collected from the meters is reserved for transportation, parking and safety improvements in San Ysidro.
“Feeding parking meters feeds neighborhood repairs, and we can’t wait to get to work for the San Ysidro community,” said Naomi Chavez, interim director of the city’s Transportation Department. “This new parking zone will bring long overdue change that will help support local business activity and generate revenue that will be reinvested directly into improving neighborhood quality of life in San Ysidro.”
Crews began preparing the bases for the meters last week and installation work is expected to last through June. According to the city, these will be multi-space meter kiosks and drivers should be aware that they will need to go to the nearest kiosk to pay for parking since there won’t be a meter at each space.
Metered parking goes into effect on July 1 and will be enforced 8 a.m. to 6 p.m. Monday through Saturday, excluding holidays. The parking rate is $2.50 an hour, with a maximum time limit of four hours.
City-led parking studies determined vehicles were parking on the streets of the neighborhood for hours or days at a time, making street parking for the area’s businesses scarce.
Drivers who customarily use free street parking when traveling across the border to Mexico are encouraged to use “one of the many paid off-street parking lots in the area,” a city statement read.
“The findings [of the parking study] clearly demonstrate the need for action. High parking occupancy on unregulated segments, along with data showing that 37% of vehicles exceed the existing two-hour limit and an average parking duration of over five hours, indicate that current conditions reduce turnover and limit access for local businesses and visitors,” wrote Alfredo Ripa, president of the San Ysidro Community Economic Development Corporation. “The proposed introduction of approximately 286 metered spaces, along with better signage, clearer designations and continued enforcement, represents a thoughtful and data-driven approach to improving parking availability and supporting economic activity in the community.”
Areas where the meter kiosks will be installed include:
— East San Ysidro Boulevard between Border Village Road to Camino De La Plaza (both sides);
— Border Village Road between East San Ysidro Boulevard (north) to East San Ysidro Boulevard (south), (both sides);
— Front Street between Border Village Road to end of cul-de-sac (south side);
— Bolton Hall Road between East San Ysidro Boulevard to Border Village Road (south side);
— Louisiana Avenue between East San Ysidro Boulevard to end of cul-de- sac (south side);
— Virginia Avenue between East San Ysidro Boulevard to Border Village Road (both sides); and
— East San Ysidro Boulevard between Willow Road and East Park Avenue (south side).
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