Malibu Grand Prix

Malibu Grand Prix (MGP) is an entertainment company that was popular during the 1970s and 1980s as a franchised miniature indy car racing track. The typical complex included a 3000-4000 sq ft. arcade with a concession stand and a race track outside, covering around 10,000 to 20,000 sq ft (1,900 m2) altogether. It was acquired by Warner Communications in 1976 which in turn sold it in late 1983 to a group of Canadian developers and a local entrepreneur whose background included Chuck E. Cheese’s. There were a total of 40 locations at the time of acquisition including 32 tracks and 8 family entertainment centers featuring miniature golf, batting cages, bumper boats and more. As part of the acquisition, Malibu acquired seven (7) parks from Castle Entertainment which was in bankruptcy. These locations were located in North Hollywood, Sherman Oaks, and Redondo Beach, California; El Paso, Texas; Honolulu, Hawaii; and Ft. Lauderdale and Miami, Florida. A location in Tulsa was acquired in late 1984 that included a small waterpark and a Malibu-like racing facility. The California partner sold out in 1986, and the Canadians sold the chain to Mountasia in 1995. Malibu Grand Prix is a miniature outdoor IndyCar racing track, while the interior of a typical complex also includes an arcade and concession stand. The first location opened in the parking lot of Anaheim Stadium in 1975. Some locations also include bumper cars, miniature golf, go-karting tracks, and water play areas. Malibu Grand Prix is among the few entertainment centers that are still in operation today. However, the company changed hands many times. It was acquired by Warner Communications in 1976 and then sold to Canadian developers in 1983, who also later sold their interests to Palace Entertainment. Currently, it is owned by Boomers! Parks.