Race Track for Sale?

Messages
4,917
Likes
18
Location
Reading,PA
#3
That looks like a nice facility. It got me curious as to why they might be selling it, race tracks are sometimes very successful, sometimes money losers. I Googled this track and found lots of hits and events, so it appears to be pretty popular, but this article implies they are struggling:

ALBUQUERQUE -- And the race is off! Only 29 days and some odd hours left to place your bid on eBay to buy the Sandia Motor Speedway.

The 85-acre race track was listed on the Internet auction site Friday morning and had received a high bid of $10,100 after about eight hours online.

Four bids had been made for the race track, which was appraised at $4.24 million in 2002, said manager Dawn Freeze, one of 52 investor-owners authorizing the sale.

Though no price was listed for the track, the owner group has the right to pull the speedway off eBay if the bids aren't high enough, said Anne Apicella, a commercial real estate agent with Grubb & Ellis New Mexico.

Apicella said the eBay posting should bring attention to the track, which opened in 2000 and has been for sale for about a year.

"We've tried the traditional avenues without success, so we're hoping this will bring us the exposure we need," she said.


The track includes half-mile and quarter-mile paved oval tracks, a 1.7-mile road course and a 21-acre motocross course, recreational vehicle parking, a concession stand and grandstand seating for 3,000 fans.

The posting will remain up until Oct. 17.

The track was developed in the 1990s by a group of investors who also were race enthusiasts.
 
Messages
4,412
Likes
5
Location
Wayzata, MN
#6
yeah lets buy it

when we have track days (obviously 7 days a week) i'll be out side inspecting vehicles, and if anyone comes up with a ricer, i'll just look under the car, it would go like this

me: we've got a major problem here
ricer: wtf? i just changed my underglow bulbs, there are no problems
me: well yeah there is, something you get check out immediately
ricer: TELL ME
me: your rear wheels.... don't seem to be working. i don't know if you thought you'd save weight be removing the driveshaft or something, but its a serious problem
 
Messages
299
Likes
0
Location
Ottawa, Canada
#7
frolf said:
yeah lets buy it

when we have track days (obviously 7 days a week) i'll be out side inspecting vehicles, and if anyone comes up with a ricer, i'll just look under the car, it would go like this

me: we've got a major problem here
ricer: wtf? i just changed my underglow bulbs, there are no problems
me: well yeah there is, something you get check out immediately
ricer: TELL ME
me: your rear wheels.... don't seem to be working. i don't know if you thought you'd save weight be removing the driveshaft or something, but its a serious problem
LOL, good one [bmwkick]
 
Messages
1,247
Likes
0
Location
NY
#9
Even farther away from my house, but then again if it succeds, who needs a house here, everyone would move down there, hehehe.
 
Messages
1,303
Likes
0
Location
Charleston, SC
#10
you know when auctions like these, that cost millions, comes around... look how many bids this place has!!! i love to go and see who these bidders are by looking at their previous auctions. this is a prime example of people who have too much money... look at some of those items, WTF!!!
 


Top