1 dead after shooting near Long Beach Grand Prix

One person was killed during a shooting near the Long Beach Grand Prix on Saturday. 

They were called to the 0 block of Cedar Walk, near The Pike Outlets shopping center, at around 5:50 p.m. after learning of the shooting and arrived to find a male victim suffering from multiple gunshot wounds, according to the Long Beach Police Department. 

The victim was taken to a nearby hospital where he was later pronounced dead. 

Homicide detectives were called to take over the investigation as they work to identify a possible suspect and motive in the shooting. 

On Sunday, they said that preliminary investigation revealed that the victim, who has still not been identified, was involved in a verbal dispute with another person when the incident escalated into a shooting. 

No arrests have been made and police have not yet identified a suspect. 

No further information was provided. 

A short distance away, thousands of people were gathered for the ongoing Long Beach Grand Prix. According to the event's schedule, there was a race occurring at the time. 

Officials for the event shared a statement with CBS News Los Angeles upon request. 

"The incident was off-property and not Grand Prix-related. We have already increased our level of security for the event but will add whatever additional precautionary measures are necessary to provide for the safety of our attendees," the statement said. 

Due to the large amount of people in the area at the time of the shooting, police are asking anyone who may have witnessed the incident to contact them at (562) 570-7244.