Insurance salvage yards buying racetracks - Page 2

Mike Jones · 07-23-2023, 06:45 PM

Quote:

Originally Posted by bigshow2966

41 had a fatality Friday. Quaker had one Saturday.

Not trying to hijack this thread.
I think track closings and fatalities/injuries are two different issues. I have been getting the DRAW newsletter for a few years and am amazed at some of the incidents in their "Injury Report". They happen from the starting line through the finish line and sometime in bizarre fashion. I wonder just how thorough tech inspection is, in some of these 200mph, home built rides.

340Cuda · 07-24-2023, 11:15 AM

Quote:

Originally Posted by Tom P

I misinterpreted his reply, those were strips with fatal accidents not closed. Oops. But still Holt and Atco and countless other recent ones is kind of an epidemic.

I don't know if they had a fatal accident or not but unfortunately Redline Raceway in Caddo Mills is closing, at least that is what it shows on their Facebook page.

Barry Polley · 07-25-2023, 11:23 AM

Quote:

Originally Posted by 1347

Here is a problem that seems to be killing racetracks in this country.
https://dirtrackr.com/daily/642

The biggie; they don’t have to worry about hazmat soil. That’s huge out here!

bigshow2966 · 07-26-2023, 12:28 PM

There's a picture circulating on Facebook of RT 66 parked full of GM trucks.

340Cuda · 07-26-2023, 05:07 PM

Quote:

Originally Posted by bigshow2966

There's a picture circulating on Facebook of RT 66 parked full of GM trucks.

In the past the track here in Tulsa has stored new school busses from the local bus plant.

The owners have stored new cars there in the past also.

I don't think it should be anything to worry about.

rboyle · 07-26-2023, 08:07 PM

Bottom line is that stand alone race tracks are a poor business model. Too much land to occupy for too little return with too many headaches that pop up daily.
It’s sad but true. Times have squeezed drag racing and hot rodding out of the modern scene.

Run to Rund · 07-27-2023, 09:37 AM

covid lockdowns resulted in no racing = no revenue for a couple years.

Nick Heath · 07-27-2023, 11:45 AM

Quote:

Originally Posted by Run to Rund

covid lockdowns resulted in no racing = no revenue for a couple years.

And when did they-who-shall-not-be-named make their first bid to purchase Atco? June 2020.

CMcAllister · 07-28-2023, 12:25 PM

Quote:

Originally Posted by 1347

Unless he knows something secret. No where does it say Dinwiddie is closed. I looked up US41 and there is nothing about a losing there either. We are trouble in D1 if Dinwiddie closed because we have our last division race there in September.
Let us know what Brett heard.

That would be a major surprise, given who owns it and runs a number of his organization's events there.

Side note - stop running certain types of events, that attract certain types of crowds, if you want to avoid situations that bring scrutiny from law enforcement, local government and bad publicity.

BKSG1198 · 07-28-2023, 04:22 PM

A lot of the reasoning is because the way the land is zoned and also it already had paved areas and cleared land, it’s an easy way to put something there. This is a way cheaper way to plop a building/ business there. The company buying ATCO was / is still going to have to jump through hurdles to get the car auction there but, they basically cut the owner out (thinking the racers would go with) and will deal with the town itself. The sad part is even if they do nothing with the land and I’ve heard it might sit for a few years it can’t come back as a track, it’s officially done and the wildlife will just take it back over. The owner can sell to whomever they want it’s just if the township approves the sale which I think will take some red tape cutting since they were turned down 9-0 before.

For D1 they are really going to have to sway some tracks back to NHRA that left (US13, MIR) but, Craig is going to have to dive in feet first.

07-26-2023, 12:28 PM	#14
bigshow2966 Senior Member Join Date: Mar 2007 Location: chicago Posts: 621 Likes: 526 Liked 88 Times in 37 Posts	Re: Insurance salvage yards buying racetracks There's a picture circulating on Facebook of RT 66 parked full of GM trucks.

07-26-2023, 08:07 PM	#16
rboyle Senior Member Join Date: Jan 2015 Posts: 591 Likes: 1,434 Liked 559 Times in 158 Posts	Re: Insurance salvage yards buying racetracks Bottom line is that stand alone race tracks are a poor business model. Too much land to occupy for too little return with too many headaches that pop up daily. It’s sad but true. Times have squeezed drag racing and hot rodding out of the modern scene.

07-27-2023, 09:37 AM	#17
Run to Rund Senior Member Join Date: Sep 2007 Location: Henderson, NV Posts: 578 Likes: 7 Liked 47 Times in 25 Posts	Re: Insurance salvage yards buying racetracks covid lockdowns resulted in no racing = no revenue for a couple years.

07-28-2023, 04:22 PM	#20
BKSG1198 VIP Member Join Date: Jan 2007 Location: Back in Vineland, NJ Posts: 2,553 Likes: 91 Liked 1,187 Times in 356 Posts	Re: Insurance salvage yards buying racetracks A lot of the reasoning is because the way the land is zoned and also it already had paved areas and cleared land, it’s an easy way to put something there. This is a way cheaper way to plop a building/ business there. The company buying ATCO was / is still going to have to jump through hurdles to get the car auction there but, they basically cut the owner out (thinking the racers would go with) and will deal with the town itself. The sad part is even if they do nothing with the land and I’ve heard it might sit for a few years it can’t come back as a track, it’s officially done and the wildlife will just take it back over. The owner can sell to whomever they want it’s just if the township approves the sale which I think will take some red tape cutting since they were turned down 9-0 before. For D1 they are really going to have to sway some tracks back to NHRA that left (US13, MIR) but, Craig is going to have to dive in feet first.