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Carguy49 06-05-2019 04:27 PM

Re: Maple Grove for sale
 
Please go to www.maplegroveraceway.com and click on news at the top of the page.

The family is working on some things and sounds like they want it to stay a racing facility. Worth the read.

Greg Hill 06-05-2019 05:40 PM

Re: Maple Grove for sale
 
I think at the 8 mil asking price this might get bought by someone who wants to continue on with the race track. Price might be negotiable and you might even be able to get some owner financing. 450 acres in that part of Pa. is pretty amazing.

Billy Nees 06-05-2019 05:52 PM

Re: Maple Grove for sale
 
Quote:

Originally Posted by Greg Hill (Post 590091)
I think at the 8 mil asking price this might get bought by someone who wants to continue on with the race track. Price might be negotiable and you might even be able to get some owner financing. 450 acres in that part of Pa. is pretty amazing.

Where are you reading 450 acres? The Coldwell-Banker add says 111.12 acres.

Julie Jordan 06-05-2019 06:04 PM

Re: Maple Grove for sale
 
Quote:

Originally Posted by Billy Nees (Post 590093)
Where are you reading 450 acres? The Coldwell-Banker add says 111.12 acres.

The Maple Grove website news article refers to 450 acres.

Such a beautiful facility, got to go there in 2008. I hope new owners are found that will keep it operating a drag strip. Back in the 70's, out here on the west coast, we saw numerous tracks sold and turned into commercial properties. Once a track is sold, getting the land and permits to open a new one is a monumental task!

Billy Nees 06-05-2019 06:17 PM

Re: Maple Grove for sale
 
Quote:

Originally Posted by Julie Jordan (Post 590094)
The Maple Grove website news article refers to 450 acres.

Such a beautiful facility, got to go there in 2008. I hope new owners are found that will keep it operating a drag strip. Back in the 70's, out here on the west coast, we saw numerous tracks sold and turned into commercial properties. Once a track is sold, getting the land and permits to open a new one is a monumental task!

So I guess that I can assume that the tract that is the racetrack is 111.12 acres and the whole of Maple Grove Park is 450 acres?

Ed Fernandez 06-05-2019 06:36 PM

Re: Maple Grove for sale
 
The story as I was told was Bill Bader wanted to buy the racetrack operation only. N interest in the park or bar.

Nmbr1GMfan 06-05-2019 06:37 PM

Re: Maple Grove for sale
 
How many entries would it take (raised quotas) for NHRA to buy the facility?:D

jwsamuel 06-05-2019 09:38 PM

Re: Maple Grove for sale
 
Quote:

Originally Posted by Billy Nees (Post 590093)
Where are you reading 450 acres? The Coldwell-Banker add says 111.12 acres.

The sales price includes the business and mutliple parcels totalling 450 acres. It is in the description on the Coldwell-Banker listing.

Jim

SS/1230 06-05-2019 09:47 PM

Re: Maple Grove for sale
 
Quote:

Originally Posted by Kevin Panzino (Post 590076)
??? Car counts at the grove divisional were awesome.

Would love to see Baders own it.

That’s only 1 race and it’s a holiday weekend. There isn’t another NHRA scheduled race there again until the keystones which they make $0 on ticket sales. 12 month mortgage of $8 million, only open 6 months a year. It’s a hard market for race tracks now a days is all I’m saying.

jwsamuel 06-05-2019 09:53 PM

Re: Maple Grove for sale
 
Quote:

Originally Posted by SS/1230 (Post 590113)
That’s only 1 race and it’s a holiday weekend. There isn’t another NHRA scheduled race there again until the keystones which they make $0 on ticket sales. 12 month mortgage of $8 million, only open 6 months a year. It’s a hard market for race tracks now a days is all I’m saying.

There is a lot more going on at that track than just the two NHRA events. There are 12 days of events scheduled for June alone.


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