Kentucky Lake Ceases Operations Permanently

[flagone]

Kentucky Lake Motor Speedway to Cease Operations

CALVERT CITY, Kentucky – Clover Leaf Realty, LLC has announced that it will cease operations at Kentucky Lake Motor Speedway in Marshall County and end its season early, effective immediately. In 2014, the Commonwealth of Kentucky gave notice that its reconstruction of the I-24/Purchase Parkway Interchange for the I-69 corridor would take much of the real property used to operate the racetrack. After communicating with state officials, the Kentucky Transportation Cabinet filed a condemnation lawsuit in Marshall Circuit Court to take the racetrack property by eminent domain in July.
The lawsuit has cast a cloud over the 2015 race season and future of the facility. On Monday, September 21, the Court granted the Commonwealth’s motion for an interlocutor order to take the land. The approximately 36 acres being taken encompasses the racetrack’s pit area, maintenance building, ticket office and scales, rendering the racetrack’s utilities inoperable. This prompted the racetrack owners to make the hard decision to close the racetrack and end the season early. “We did the best we could, but the state’s taking of our property has really left us with very few options,” said co-owner, Ronnie Jones.
Hopkinsville businessmen, Ronnie Jones and Jim Hale, purchased the racetrack in 2013 with the stated intention of working hard and making it a great track again. KLMS was slated to end the season with a reprisal of the Commonwealth Cup headlined by the NeSmith Chevrolet Dirt Late Model Series on October 23rd and 24th. Also lost was an appearance by the United States Auto Club Aimsoil National Sprint cars scheduled for October 17th. “Our employees, fans and sponsors have been great, and we want to thank them for everything,” said co-owner, Jim Hale.
The points championship fund will still be paid in all weekly divisions. However, a decision on the number of races required was yet to be made at the time of this release. KLMS officials will announce the final decision for the championships in the coming weeks. More information can be found at kylakespeedway.com

[dirtracr33]

im sorry but eminent domain is a bunch of bullchit...free country my a$$...you never seem to own any property, even though it may be paid off...miss paying your taxes and they'll show u who it really belongs to..

[Ace96]

There is more to the story than being told in the media. Just speculation but I have feeling this was the plan from the beginning.

Look at the car counts...writing was on the wall.

[TheJet-09]

Regardless of the circumstances you hate to see this. I only got to race there once in either the second or third year of the track's existence. I've always wanted to make it back but couldn't logistically make it a reality. Dwindling car counts certainly couldn't have helped their efforts either. I hope the racers that supported the track can pick up at Paducah or another track. Good luck to everyone involved!

[Clayton_Wetter]

Is he getting more money than he paid for it? If not, it was another mistake at the lake!

[Cardirt0]

This place has had the smell of death for a long time.....

[Nasty55]

This place has had the smell of death for a long time.....




Ive got to agree with you Gary it has been going down hill for many years now....

[Cardirt0]

Ive got to agree with you Gary it has been going down hill for many years now....

When there 3 times the first year it opened...Was a nice track...After the first year or two it was down hill till now....

[MRM]

Is he getting more money than he paid for it? If not, it was another mistake at the lake!

The state or the feds are taking it for a highway project. The owner had no choice.


In 2014, the Commonwealth of Kentucky gave notice that its reconstruction of the I-24/Purchase Parkway Interchange for the I-69 corridor would take much of the real property used to operate the racetrack. After communicating with state officials, the Kentucky Transportation Cabinet filed a condemnation lawsuit in Marshall Circuit Court to take the racetrack property by eminent domain in July.

[Clayton_Wetter]

By the CW, by the lake!! Didn't you learn anything from Litey??? :cool:

Litey would have said that!! morriiisssssssss!!!

[deez lug nuts]

Make at track a smaller action packed medium banked 1/3 miler and put the pits next to the backstretch.

[shagger]

Make at track a smaller action packed medium banked 1/3 miler and put the pits next to the backstretch.The city has fought against the track ever since it has been there. The town government does not want it there and never has. It has been one thing after another and one rule after another. For a long time it was because of the noise. Really?? It sits right beside I-24. This was just a way, along with the state, to finally put the nail in the coffin. Just shows that you own nothing. I got some friends that had their land and house taken by the state for a road. They took it all except a 1/4 of an acre that is land-locked but they are still required to pay taxes on that 1/4 acre.

[deez lug nuts]

The city has fought against the track ever since it has been there. The town government does not want it there and never has. It has been one thing after another and one rule after another. For a long time it was because of the noise. Really?? It sits right beside I-24. This was just a way, along with the state, to finally put the nail in the coffin. Just shows that you own nothing. I got some friends that had their land and house taken by the state for a road. They took it all except a 1/4 of an acre that is land-locked but they are still required to pay taxes on that 1/4 acre.

Why do they keep that 1/4 acre? :confused: Sell it to the state and be done with that mess.

[IZZOJR16]

The city has fought against the track ever since it has been there. The town government does not want it there and never has. It has been one thing after another and one rule after another. For a long time it was because of the noise. Really?? It sits right beside I-24. This was just a way, along with the state, to finally put the nail in the coffin. Just shows that you own nothing. I got some friends that had their land and house taken by the state for a road. They took it all except a 1/4 of an acre that is land-locked but they are still required to pay taxes on that 1/4 acre. my dad lost some property the same way, but the state did give him a good chunk of change, he paid off the rest of my Condo with it!! ty dad&mom

[Barbecueboy]

This place has had the smell of death for a long time.....

But at least now we all get a trophy for participating and the 4 m hall monitors and crossing guards all got new neon pink safety vests.

Win, win.......


That smell of death your talking about is the rat that crawled up under huckys containment seat and died while its been parked in the garage forever.

[shagger]

Why do they keep that 1/4 acre? :confused: Sell it to the state and be done with that mess.The state didnt want that 1/4 acre they just wanted the rest. I have told them just dont pay it, what are the going to do?

[2muchstagger]

ACE96 is right, there is more to this story. I will say this, the reason it went to court, is because they were not going to get paid as much as what they thought they were when they bought it. This I69 thing did not just come up. It's been in the works for a long time.

[STRONGERTHANDIRT]

I was told 2 years ago this was going to happen. They gambled on making a nice profit from the state and lost. Simple as that.

[budmuufin]

I was told 2 years ago this was going to happen. They gambled on making a nice profit from the state and lost. Simple as that. These guys are businessmen. They probably didn't get where they are by losing $$$. They supposedly paid less than a million for 400 acres give or take close to the Interstate. They are going to receive $510,000.00 for 36 acres. That is a good chunk of change and also leaves several acres to develop, sell off if they wish. The stands can be sold, the heavy equipment, generator etc. Something tells me in the long run the owners will be ok. I'm sure they knew about this situation on the day of the auction.

[budmuufin]

These guys are businessmen. They probably didn't get where they are by losing $$$. They supposedly paid less than a million for 400 acres give or take close to the Interstate. They are going to receive $510,000.00 for 36 acres. That is a good chunk of change and also leaves several acres to develop, sell off if they wish. The stands can be sold, the heavy equipment, generator etc. Something tells me in the long run the owners will be ok. I'm sure they knew about this situation on the day of the auction. By the way has anybody heard that Dolly Parton might be interested in a development near Calvert City?

[deez lug nuts]

The state didnt want that 1/4 acre they just wanted the rest. I have told them just dont pay it, what are the going to do?

If they want rid of it just don't pay the taxes and let it go. They could have some fun with it though and put some kind of attention getter on it. :D

[racingumpire]

These guys are businessmen. They probably didn't get where they are by losing $$$. They supposedly paid less than a million for 400 acres give or take close to the Interstate. They are going to receive $510,000.00 for 36 acres. That is a good chunk of change and also leaves several acres to develop, sell off if they wish. The stands can be sold, the heavy equipment, generator etc. Something tells me in the long run the owners will be ok. I'm sure they knew about this situation on the day of the auction.
I believe that there is plenty of room to move the pits and so forth over to the truck stop side of the track. ( turn 3 & 4) The maintenance part as well as generator for the lights and electric.I rememberbeing there when the Greers opened the place and thinking how smart to save on bills with the generators. Should not be any problems with doing this. Really need to look at getting some Mississippi or Iowa,Indiana or Illlinois black dirt and lots of it.

[Barbecueboy]

Aye aye captain........