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Seattle’s most resilient music venue is closing, eyes reinvention

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Seattle’s most resilient music venue is closing, eyes reinvention


One of Seattle’s most resilient music venues is closing, but it won’t be the last we hear from Cafe Racer.

The embattled venue will vacate its Capitol Hill space at the end of June after owners were unable to negotiate a new lease. But before anyone grabs their pitchforks, it sounds like the Racer crew is going out on good terms with the landlord, having caught up on back rent they accrued since making a bumpy return from the pandemic.

According to Racer co-owner Jeff Ramsey, the landlords are simply looking to give the hundred-year-old building some necessary renovations that could take months, if not years, to complete.

Ramsey and business partner Jody Ramsammy, a dance music promoter who joined the Racer brain trust last year, considered finding a new space. The community-centric club had done it before, leaving its original University District home during the pandemic before emerging in splashier new digs on Capitol Hill in 2021. Finding something that fits the bill on a “labor of love” arts space budget can be a tall order in Seattle, and Ramsey had another idea.

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“We explored everything, we talked it all through,” he said. “But the thing in the back of my mind was still this concept of Cafe Racer more as an arts organization and less of a bar, restaurant, music venue.”

Cafe Racer has long been more of a mission-driven endeavor, aiming to provide a stage for developing artists finding their footing, something Ramsey and co-owner Cindy Anne wanted to preserve when they acquired the business in 2017. Talk of a mentorship program and other educational programs teaching young people how to run lights and sound have been front of mind since Racer reopened from a two-month closure last year due to a post-pandemic dip in attendance.

The new plan is to potentially spin Cafe Racer, which outlasted a 2012 shooting in its previous location, into a nonprofit arts organization that doesn’t have the overhead of running a brick-and-mortar venue.

“Our vision and mission of supporting the arts and artists, and bringing arts to the audience, has never wavered,” Ramsey said. “And that’s what we’re going to continue to do in some form or another. We just won’t have the address.”

Closing-night plans are still coming together and there’s still much to be decided about the future, including whether to establish Cafe Racer as a formal 501(c)(3) or an alternative corporate structure in the eyes of the IRS. However it looks on paper, the goal will be to continue Racer’s community-minded programming, concerts and art shows from other spaces. Cafe Racer will continue to run its online radio station, which has a bank of 70,000 songs from Washington artists.

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Anne and Ramsey took over the financially imperiled Cafe Racer in 2017, believing, as Ramsey put it, that “it was too important culturally for Seattle to lose such a space.” While last year brought a fresh round of financial challenges between decreased attendance and heightened insurance costs, Ramsey and Ramsammy reopened the venue with a new focus on adding dance music events through Ramsammy’s Vivid Events. Those more profitable dance nights helped get Racer back in the black and financially supported some of the more community-oriented shows.

With its nonprofit exploration underway, Cafe Racer becomes the latest Seattle music venue to seek an alternative model as smaller music clubs are grappling with new economic realities after the pandemic. A group of Conor Byrne Pub employees are working to reopen the classic Ballard haunt, which closed in March, as a cooperatively run venue supported by a membership program.

Last year, organizers of Freakout Festival announced plans to establish the psychedelic-leaning music festival and its sibling record label as a nonprofit amid financial challenges.



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Seattle, WA

Tech Investor Vinod Khosla to Acquire the NFL’s Seattle Seahawks for $9.6 Billion

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Tech Investor Vinod Khosla to Acquire the NFL’s Seattle Seahawks for .6 Billion


Tech billionaire Vinod Khosla and his family have reached an agreement to buy the Seattle Seahawks for $9.6 billion, according to people familiar with the details, as reported by Variety‘s sibling sports news outlet Sportico.

The deal marks one of the largest valuations ever for a sports team in a control transaction, nearing the $10 billion price tag in Mark Walter’s purchase of the NBA’s Los Angeles Lakers. The India-born Khosla, who is a prominent VC, is worth about $13.7 billion, according to Forbes. He is buying the defending Super Bowl champions from the estate of late owner Paul Allen.

Khosla’s group beat out a handful of other bidders, including a group led by billionaire Aditya Mittal, a member of one of India’s richest families, said the people, who were granted anonymity because the details are private. Sportico was first to report on Khosla’s interest back in May.

Khosla’s wife Neeru Khosla will serve as the team’s control owner, according to a memo that the NFL sent Saturday to its clubs. Neeru Khosla is the co-founder and chair of the CK12 Foundation, an education non-profit. Their son Neal Khosla, the CEO of Curai, will also have a leadership role in the team, according to the memo, a copy of which was viewed by Sportico.

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It’s not immediately clear how the deal is being financed. Khosla didn’t immediately respond to an email seeking comment. The Allen estate said Saturday in a statement that the team had been sold to the Khosla family and included a quotation from Khosla himself. The statement did not provide any details about the deal structure or financing, but said the Khoslas would be the team’s new control owner.

The Seahawks are worth $6.59 billion, according to last year’s Sportico numbers, but the team was always expected to sell for quite a bit more than that. It’s relatively rare for NFL teams to sell—this is just the third to formally hit the market in the past decade—and the league’s structure virtually guarantees that each team turns a nine-figure profit annually.

The co-founder of Sun Microsystems, Khosla was one of a handful of local investors that bought into the San Francisco 49ers last year at a valuation higher than $8.5 billion. Sportico reported at the time that Khosla bought the biggest stake, though the specifics were not available.

It’s become common for new NFL owners to be existing LPs in other franchises, a process that gives them familiarity with the league—and vice versa. Billionaire David Tepper, who bought the Carolina Panthers in 2018, was a minority owner in the Pittsburgh Steelers. So was Josh Harris, who bought the Washington Commanders in 2023. Harris’ Commanders group included longtime business partner David Blitzer, who was also a Steelers LP. Khosla will need to sell his 49ers equity if the Seahawks deal closes.

Khosla came to the U.S. in his early 20s. He earned an MBA from Stanford, and co-founded Sun Microsystems in 1982, serving as the tech company’s first CEO. His VC career started at Kleiner Perkins, and he launched Khosla Ventures in 2004. His firm’s notable exits include Affirm, Opendoor and DoorDash, which all went public.

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New NFL owners are heavily restricted in how their financing can come together. There is a $1.5 billion debt limit, and the control owner must hold a minimum of 30% of the equity. Institutional funds can own 10%, and the total group cannot exceed 24 minority owners.

The Seahawks are being sold by Allen’s estate, which assumed ownership after his 2018 death. Allen’s will called for his sports assets, which included the Seahawks and the NBA‘s Portland Trail Blazers, to be sold to benefit charitable causes. His sister Jody Allen, the executor of his will and trust, has run the teams in his absence. The Trail Blazers were recently sold for $4.1 billion to a group led by Tom Dundon.

To date, the most expensive NFL team ever purchased in a control sale is the Commanders ($6.05 billion), while the Los Angeles Lakers are the most expensive sports team acquired in a control sale ($10 billion). A minority stake in the parent company of the Miami Dolphins recently sold to a Chinese billionaire at a $12.5 billion valuation.

Mittal previously contributed about $1 billion to the 2025 takeover of the Boston Celtics, his first major move into U.S. sports. His Seahawks bid group included former Celtics control owner Wyc Grousbeck, Sportico previously reported.

Latham & Watkins was legal advisor to the Allen estate in the transaction.

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(Pictured: Seattle Seahawks wide receiver Cooper Kupp on Feb. 8 at the 2026 Super Bowl held at Levi’s Stadium in Santa Clara, Calif.)



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Cyclists fill backroads for annual summer Seattle-to-Portland ride

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Cyclists fill backroads for annual summer Seattle-to-Portland ride


A massive wave of cyclists ranging from kids as young as 9 to grandparents in their 80’s just launched a 207-mile journey from Seattle to Portland. They are keeping completely off the highway, sticking to backroads and local bike trails. Meanwhile, local commuters are feeling the squeeze as northbound Interstate 5 gridlock forces heavy weekend traffic onto those exact same surface streets.



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VIDEO: West Seattle Summer Fest 2026 day 1, evening report

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VIDEO: West Seattle Summer Fest 2026 day 1, evening report


(QUICK LINKS: Music lineups … vendor list … food and drink … Kids Zone info)

6:04 PM: At West Seattle Summer Fest, the crowd has grown steadily, especially now that the workday is over. Main-stage music continues – here’s the second band of the day, Chico Detour:

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That’s their song “Crying at My Party.” As main-stage music continues, The Big Dark Corner is just getting going at California/Alaska by KeyBank, a new space this year – programmed by West Seattle’s The Big Dark Records. And you have a wide variety of choices for dinner and drinks – The Porch in the lot behind KeyBank, stands on that side of SW Alaska, some vendors on newly pedestrian-only SW Oregon, the beverage garden by the main stage ..

… and of course all the year-round local venues, many with outdoor cafés. Coordinators say it’s gone smoothly so far. Updates to come!

6:25 PM: That’s Leonard Jarvey and The Sock Monkeys, opening the night at The Big Dark Corner. Still to come there tonight – Sad Dad Autumn at 7, Across 35th at 7:30. Meantime, over in the Kids Zone, the foam party’s back this year:

7:39 PM: A bit of Zookraught and their dance-punk sound on the main stage:

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And Across 35th has a throng at The Big Dark Corner – video:

8:20 PM: Vendors are wrapping up for the day, since the festival’s official end time – not counting music – was 8 pm. Here at the Info Booth, most everything’s rolled up too, except our table, and we’re packing up shortly (after one more band – added, here’s that video of Blackie:)

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The night wraps up with Alien Crime Syndicate at 10 pm.

ADDED 11:45 PM: Thanks to WSB contributor Jason Grotelueschen for clips from the night’s last two main-stage bands – Caitlin & Brent with the Passenger String Quartet:

And Alien Crime Syndicate:

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P.S. Thanks to the many kind people who stopped by our table to say hi – we’ll be back tomorrow, starting at 10 am.





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