Now you can own a race track

[chupp n bloomer fan]

I didn't realize they had such a problem with drugs out in the Dakotas........somebody on some great ones thinking they are going to even sniff 9.45m.

No crap. You dumped a pile of cash in it and think you’re going to get it back right now.

You’re the one who thought you knew everything. And rubbed people the wrong way. Maybe half that. I understand he dumped a bunch in it, but it’s not ocean front property.

[kazual]

Husets’ owner was the guy that said he’d put Knoxville out of business. Funny fellow he is.

[Barbecueboy]

Did he take a hard fall or something before he said that?

[kazual]

Bbq

He had no shortage of confidence for sure. My lament, having been to Husets a few times, was that it was a pretty cool place albeit mostly a sprint car culture. Shame to see what has happened with it. The comparison with how he tried to operate versus the Queensland family at Deer Creek is dramatic.

[dmr37]

He ran a pay-day loan business that charged over 500% interest on short term loans. After South Dakota capped the interest at 36% he closed up and is trying to sell everything.

[jog49]

Couldn't make it on 36% huh?

[nc mudcat]

Asphalt, I know, but another speedway, Myrtle Beach, heading down the path to being sold:

https://speed51.com/future-of-historic-south-carolina-speedway-in-question/

“It is so expensive to operate a facility like that, we continue losing money year after year and just at some point you have to say we tried with everything we possibly could and realize that without people in the stands you’re never going to be able to survive,” Lutz said. “So the people that say, ‘Why is it going away?’ and ‘We wish it would stay,’ I wish those people would support us week after week and we wouldn’t have to do this.”

[Mud Packer]

He tripped over Litey I heard.

[Barbecueboy]

Myrtle beach

The best Racing that place ever saw was when it was dirt.....and I dare say the best class on that we're the 6 cylinders.

It's in the way of a bunch of money being made, it will be gone soon......the last and current owners put forth the effort for sure.

[bleedblue55]

https://thepmcompany.com/portfolio-item/wv-motor-speedway/

[TerryM]

Swainsboro is still for sale for (allegedly) $1.2million Very nice facility, but someone would need to sink some additional money into making the racing surface something other than bottom groove single file. Really nice karting facility next to the big track. The downside is the location.

[chupp n bloomer fan]

https://thepmcompany.com/portfolio-i...otor-speedway/

Such a shame. Used to go there from where I grew up near Youngstown, and once I moved near Columbus, I went too. I enjoyed it. That seating is the best there is. Dang shame.

[chupp n bloomer fan]

Myrtle Beach

I was there last year and ran outta time to go look at the track. It would suck in a way owning MYB Speedway. On one hand, you wanna be loyal, not greedy, keep it as a racetrack, not go with the flow. Take the money and run deal.

On the other, it’s an asphalt track in a very high demand tourist location with prime property. If you don’t wanna drop $10k hitting Disney, or the Caribbean, or Hawaii, dropping around $5k and going to MYB is a better alternative. And a lot of us can drive there.

So this guy could get major coin for the land. On a track I’m sure he isn’t really making money at. The city I’m almost sure would rezone it. They are constantly looking for ways to spruce up and modernize MYB. As long as the developer hasn’t pi$$ed off the city, I’m sure it’d go through.

[Barbecueboy]

It will go through with zero issue.......too much money to be made for the county in new home tax revenue.

[chupp n bloomer fan]

It will go through with zero issue.......too much money to be made for the county in new home tax revenue.

For sure. But do they want it for housing or for businesses? I never did pinpoint where it was.