Wasserman Media Group buys Bay to Breakers race

This July 10, 2009, file photo shows Casey Wasserman smiling, in Sun Valley, Idaho. Wasserman, whose Wasserman Media Group represents Steven Gerrard, Michael Owen, Andriy Shevchenko and Landon Donovan, has been added to the U.S. bid committee trying to win the right to host the World Cup in 2018 or 2022. (AP Photo/Nati Harnik, File)

October 2, 2013 10:35:15 AM PDT
One of San Francisco's most colorful and quirkiest races has a new owner and he's pledging a new vision for Bay to Breakers.

The famous footrace known for its wild costumes stretches from San Francisco's Embarcadero to Ocean Beach.

Casey Wasserman, CEO of Wasserman Media Group, announced Wednesday morning that his group has purchased Bay to Breakers from AEG.

Details of the deal will be announced at a meeting with city leaders sometime Wednesday.