Pontiac, MI — February 22, 2021
M1 Concourse recently announced that its Chief Executive Officer, Jordan Zlotoff, will step down as CEO of the company, effective March 1st, 2021, to pursue new professional ventures. Zlotoff has been with M1 Concourse since initial construction of the development began in 2015. Zlotoff served as the Director of Business Development and Director of Operations prior to assuming the role of CEO in March 2019. Zlotoff will remain a part of the family ownership structure at M1 Concourse and an informal advisor to its operations.
Over the past five years, M1 Concourse has become the largest Private Garage community in the world with over 170 luxury garage condos (ranging from 500 – 5,000 square feet), a premier venue for automotive entertainment and corporate events, and home to the Champion Motor Speedway, a 1.5-mile performance track. The members-only M1 Motorsports Club has grown into one of the most successful private driving clubs in the United States. In addition to transforming an 87-acre former factory property, the project has spurred significant economic development in the City of Pontiac.
“I am extremely proud of how far we have come,” said Zlotoff. “I am in awe of what the M1 Concourse team has accomplished and beyond grateful to the M1 Garage Owners, clients, and sponsors that have partnered with us throughout our development. While it is difficult to step down from my official capacity as CEO, I am confident that new leadership will continue the incredible growth of our organization and leverage the passion of our Motorsports community.”
Timothy McGrane, a seasoned automotive and Motorsports executive, will serve as the new CEO effective March 1. The remainder of the M1 management team will remain in place at this time. “I am looking forward to furthering the M1 Concourse mission by growing the experiences for our M1 Garage Owners and Motorsports Club members as well as developing new and dynamic event concepts,” said McGrane. “We have a unique opportunity to host the 2021 Motor Bella event and bring the eyes of the automotive world to M1 Concourse.” McGrane has held numerous leadership positions within the automotive and luxury lifestyle world. He is the former Executive Director of the Blackhawk Automotive Museum and most recently served as the CEO of Laguna Seca Raceway in Monterey, California.
The mission at M1 Concourse has been to create a venue for automotive enthusiasts to gather and enjoy their collective passion for all things automotive and Motorsports. M1 Concourse is both a private club and public destination designed to leverage the passion of the largest concentration of car enthusiasts in the world. The M1 Private Garage community is the largest of its kind in the world, with more than 170 privately owned garage condominiums already sold and occupied. The M1 Motorsports Club provides members with regular access to the 1.5-mile Champion Motor Speedway for performance driving. The facility is also accessible to corporate clients for testing, training, and marketing events.
In 2021, M1 Concourse will host the Motor Bella event produced by the Detroit Auto Dealers Association as well as the newly developed Woodward Dream Show and American Speed Festival. Additionally this year, M1 Concourse will complete an expansion of its Garage community consisting of 82 new Private Garages totaling 63,000 SF. A state-of-the-art 28,500 SF Event Center and track-side public restaurant are scheduled to open in Fall, 2021.
M1 Concourse is located at 1 Concourse Drive on the northwest corner of Woodward Avenue and South Boulevard in Pontiac, Michigan.
Complete details on M1 Concourse can be found at www.m1concourse.com.