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October 10-16, 2019
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Record & Observer
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FIS CEO Norcross: We’d love to grow here
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TRACK FOR FUN CARS Record & Observer
But executive declines to comment about Project Sharp at JAXUSA Partnership luncheon.
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BY MARK BASCH AND MIKE MENDENHALL STAFF WRITERS
275-foot concrete skidpad used for wet road conditions training, and a 1½-mile road course, used for dry conditions, braking, performance handling and crash avoidance training. May said the course will be open to the public. He hasn’t set requirements on the types of cars that will be allowed to drive, but there will be guidelines to ensure the car is safe to operate.
Fidelity National Information Services Inc. solidified its position as a major global financial technology company two months ago with its $43 billion acquisition of Worldpay Inc. So what’s next for the Jacksonville-based company known as FIS? “Global domination,” CEO Gary Norcross said Wednesday to 480 attendees of a quarterly JAXUSA Partnership luncheon at the Hyatt Regency Jacksonville Riverfront. “That was Norcross supposed to be a joke,” Norcross added after a brief pause, but he may not be exaggerating FIS’ place in the financial technology world. Even before the Worldpay deal, FIS already was ranked as the largest financial technology company in the world based on revenue for three years in a row by IDC Financial Insights. FIS, which provides technology for financial services companies, grew its annual revenue to about $12 billion with the addition of payments technology company Worldpay, with 55,000 employees in 40 countries. That includes about 1,400 employees in Jacksonville. “Over the years we’ve seen a
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SEE NORCROSS, PAGE 10
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Record & Observer Photo by Katie Garwood
Philip “Tiger” May shows the plan for the driving course he intends to build on land he purchased at Interstate Center Drive, Broward Road and Zoo Parkway, west of Interstate 95.
Philip “Tiger” May plans to build a North Jacksonville automobile handling course where, for a fee, drivers can push the limits of their vehicles. BY KATIE GARWOOD STAFF WRITER
A
16-acre site in North Jacksonville could become the region’s first automotive handling course by next year. DPC JAX LLC, led by Philip “Tiger” May, bought the North Jacksonville property at Interstate Center Drive, Broward Road and Zoo Parkway, west of Interstate 95, in March for $1.1 million.
The facility is designed to allow drivers to improve their skills and test their cars in a safe environment. “We wanted to broaden the accessibility,” May said. “There are so many people out there who have fun cars and enjoy driving, but there’s no place they can legally and safely go around the First Coast area to push the limits of their car, and try it out in a controlled environment.” Plans comprise two components: A
Longtime Downtown leader leaving for St. Johns County PAGE 4 Basch Report: Economic forecast is weighing on CSX PAGE 6 Marbut Report: Lawyers wear pink for breast cancer awareness PAGE 14
THE SAILER REPORT
Expert offers insights into apartment market Nearly $1 billion in sales so far this year. PAGE 12 VOLUME 2, NO. 19 • ONE SECTION