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#31 |
Junior Member
Join Date: Dec 2001
Location: Piscataway, NJ
Posts: 78
Likes: 10
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It's my understanding that offers from other buyers were made.
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Don Eckel 1985 COMP |
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#32 |
VIP Member
Join Date: Jan 2007
Location: Vineland, NJ
Posts: 2,622
Likes: 95
Liked 1,279 Times in 389 Posts
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Yes, there were a few offers but, nothing in the amount that IAA was willing to offer to buy it. Rumor has it, the racers offer was around 6-7 million and IAA offer was around 11-12 million
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#33 |
Senior Member
Join Date: Jan 2005
Location: Alpine, NJ
Posts: 568
Likes: 188
Liked 192 Times in 83 Posts
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#34 |
Senior Member
Join Date: Dec 2001
Location: NY, NY
Posts: 750
Likes: 175
Liked 189 Times in 48 Posts
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There's not much you can do about that.
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Angelo DiTocco '98 Firebird SS/HA '98 Firebird B/SA |
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#35 |
Junior Member
Join Date: Aug 2009
Location: Staten Island N.Y.
Posts: 75
Likes: 118
Liked 14 Times in 7 Posts
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Wow if those numbers are true talk about out bidding yourself !
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#36 |
Junior Member
Join Date: Jan 2010
Location: Jersey Shore
Posts: 71
Likes: 470
Liked 36 Times in 15 Posts
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Posponed again till march 15th
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Jim Lodi jr |
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#37 |
Senior Member
Join Date: Nov 2005
Location: Verrry South Jersey
Posts: 537
Likes: 134
Liked 251 Times in 125 Posts
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If Atco does close, I wonder if NJMP would add a dragstrip? Easy for me to spend their money, and who knows what issues there would be. https://njmp.com
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#38 |
VIP Member
Join Date: Jan 2007
Location: Vineland, NJ
Posts: 2,622
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I live 10 minutes from NJMP and heard they have entertained the idea but, lots of factors. The track has already went bankrupt once and was sold off, the current owner from what I heard is a big road race guy and has little interest in drag racing. I also was told that the area they would build it would be a very small track, maybe even 1/8 mile as parking 500-600 rigs might be impossible. With NJMP they have townhomes / condos built that the racers leave their personal cars in throughout the year and they pay a yearly fee. I work PT at the Longhorn up the street from the track and we get ALOT of foreigners that come in to eat from Porsche clubs that fly over to help tune cars.
I also know that when the land was being developed they had a lot of pushback from the neighbors about the noise, including one neighbor that had exotic birds. It really is a shame because the town could use some extra income. If anyone knows Millville, Vineland, Bridgeton are all depressed areas and the main factory work has all but dried up, Wheaton glass, Progresso soup, etc. have all shut down or moved, About the only thing Millville is known for is Mike Trout the baseball player. |
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#39 | |
Senior Member
Join Date: Nov 2005
Location: Verrry South Jersey
Posts: 537
Likes: 134
Liked 251 Times in 125 Posts
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From their website, regarding their CEO: "In 1999, Lee purchased a 1959 Elva Mark 5, participated in the Bertil Roos Driving School and went on to obtain his competition license through SVRA." I don't think the '59 Elva is in the guide, and I'll bet it's no "Dime Rocket". |
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