EXHIBIT 5.3

             [LETTERHEAD OF GARTENBERG JAFFE GELFAND & STEIN LLP]

February 20, 1998

Christopher R. Pook
President and Chief Executive Officer
Grand Prix Association of
  Long Beach, Inc.
3000 Pacific Avenue
Long Beach, CA 90806

     Re:    Form S-3 Registration Statement

Dear Mr. Pook:

This opinion is furnished to Grand Prix Association of Long Beach, Inc. (the 
"Company") in connection with the registration statement on Form S-3 (the 
"Registration Statement") to be filed with the Securities and Exchange 
Commission ("SEC") registering 554,670 shares of the common stock, no par value 
(the "Shares") of the Company.

In our capacity as counsel to the Company, we have participated in the 
preparation of the Registration Statement.  In so acting, we have examined 
copies of agreements, exhibits to the Registration Statement, corporate 
documents and records of the Company, representations of officers and 
representatives of the Company and others and such other documents, records and 
papers as we have deemed relevant and necessary in order to give the opinion 
hereinafter set forth.  In our examinations, we have assumed, without 
investigation, the genuineness of all signatures, the authenticity of all 
documents submitted to us as originals, the conformity to original documents of 
all documents submitted to us as certified or photostatic copies.  We have 
relied upon the aforesaid writings with respect to the accuracy of material 
factual matters stated therein without independent investigation.

Based upon the foregoing, in our opinion the Shares have been duly authorized 
and, when issued, will be validly issued, fully paid and nonassessable.

We hereby consent to the filing of this opinion as an exhibit to the 
Registration Statement on Form S-3 to be filed by the Company with the SEC under
the Securities Act of 1933, as amended, and we further consent to the reference 
to our firm under the caption "Legal Matters" in the prospectus which 
constitutes a part thereof.

 
             [LETTERHEAD OF GARTENBERG JAFFE GELFAND & STEIN LLP]

Christopher R. Pook
February 20, 1998
Page 2


The opinion expressed in this letter is solely for the Company's benefit and may
not be relied upon by any other person or used in any manner or for any purpose 
except as specifically provided for in this opinion.


                               Very truly yours,

                               GARTENBERG JAFFE GELFAND & STEIN, LLP

                               By: /s/ Edward S. Gelfand
                                   ----------------------------------
                                   Edward S. Gelfand

ESG:emc
cc:  Val deMartino, Esq.