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-   -   Movieland/Chandler up for auct (https://www.indianaopenwheel.com/showthread.php?t=108170)

jim goerge 2/24/19 10:05 AM

Re: Movieland/Chandler up for auct
 
[QUOTE=Scott Daloisio;509363]https://www.youtube.com/watch?v=uw4ds6N4XYw[/QUOTEReno should just hang out with Elvis, Oh wait he"s already lost that too :D

Vookie 2/24/19 4:28 PM

I heard a rumor last night that the Chandler track will not be named Movieland but instead will be known as Neverland Motorsports Park.

BrentTFunk 2/24/19 7:57 PM

Re: Movieland/Chandler up for auct
 
After watching Scott's video, they reminded of Tammy Faye and Jim Baker. I am sure they always prey on the weak minded.

Jerry Shaw 2/24/19 9:17 PM

Originally Posted by Vookie:
I heard a rumor last night that the Chandler track will not be named Movieland but instead will be known as Neverland Motorsports Park.

:5:

Nate 2/24/19 11:04 PM

Originally Posted by Vookie:
I heard a rumor last night that the Chandler track will not be named Movieland but instead will be known as Neverland Motorsports Park.

Greatest myths of all time:

1. Bigfoot
2. Loch Ness Monster
3. Movieland Speedpark
4. Abominable Snowman
5. Chupacabra

Griffittsmotorsports 2/25/19 10:49 PM

Here is the truth on what is happening on chandler speedway

https://www.facebook.com/greaterevan...853534?sfns=mo

Nate 2/26/19 8:17 PM

Out of curiosity, I saw on the auctioneers website there was an open house on the property today. Was wondering if anyone got skeptical and went out there or know someone who did.

Per Reno’s website he started his multi-million dollar refurbishment effort over a year ago so was just curious what shape the property was in?

Funny how it’s been over a week now since it’s gone on the market and there’s been no action on part of the track. I actually fired up my deactivated Facebook and tried to read on the reviews and posts on the “Movieland” Facebook but it appears they have deleted all comments lol.

Nice, Reno. Still waiting on a reply from Jay or that Summer chick as to what they plan to do. Posting on Facebook won’t run a race track.

JDK222 2/26/19 8:33 PM

I saw some pictures from today. It looks like a weed farm I don’t see that anything has been done at all.

Griffittsmotorsports 2/26/19 9:26 PM

I was told there was afew people at the open house walk through that is interested.. as for Reno he’s just posting how it’s not going to auction and it’s all fake news and he will have the track open in April.( Did I mention I have unicorns in my back yard and Elvis is in the guesthouse. 😂

Nate 2/26/19 10:04 PM

1 Attachment(s)

Originally Posted by Griffittsmotorsports:
I was told there was afew people at the open house walk through that is interested.. as for Reno he’s just posting how it’s not going to auction and it’s all fake news and he will have the track open in April.( Did I mention I have unicorns in my back yard and Elvis is in the guesthouse. 😂

I tried to ask him first hand but...

It appears he’s dissapeared, along with the dream of “Movieland Speedpark”

Griffittsmotorsports 2/27/19 12:45 AM

He probably blocked you like the other 2000 people that question him ... lol

jim goerge 3/1/19 4:48 PM

Re: Movieland/Chandler up for auct
 
Did anybody go to the open house? If so had anything been done to the track? or any place on the grounds ?

thunder31 3/1/19 5:59 PM

Re: Movieland/Chandler up for auct
 
1 Attachment(s)
I did not go but have seen this and several other pictures shared on facebook from people who did go. Place hasn't been touched since the last race of 2017. The jungle of grass in the pits did get mowed at some point and that's it.

Vookie 3/1/19 6:12 PM

Originally Posted by Griffittsmotorsports:
I was told there was afew people at the open house walk through that is interested.. as for Reno he’s just posting how it’s not going to auction and it’s all fake news and he will have the track open in April.( Did I mention I have unicorns in my back yard and Elvis is in the guesthouse. 😂

The opener is scheduled for April Fools Day! 😇

The Enforcer 3/5/19 10:47 PM

I need to know what's up with this movieland clown. I need some payout for the races he's got scheduled. Can anybody tell me this? He'l never get that place in shape and I don't think he has the money for payout

Nate 3/6/19 5:32 PM

Re: Movieland/Chandler up for auct
 

Originally Posted by The Enforcer:
I need to know what's up with this movieland clown. I need some payout for the races he's got scheduled. Can anybody tell me this? He'l never get that place in shape and I don't think he has the money for payout

You mean to tell me you don't believe the fairy tales Reno & his staff have been telling everyone on FaceSpace?

It's been over two weeks since the joint went on the auction block and it's stayed that way. The track and Reno have gone completely silent on here and social media for the last week. Two open houses have been held and two weeks from today it's going to be sold. That's why you don't have any payout information and why the entire facility still looks horrible.

Movieland Speedpark 3/10/19 5:47 PM

March 10, 2019...A Movieland Speedpark Auction Update !!!

THERE WILL BE NO AUCTION!!

Approximately 10 days ago, the commercial lending firm that had agreed to do a $300,000 new 1st mortgage for me on the Chandler Raceway, after reviewing the 214 page Phase1 Environmental Report, saw some things in the report that raised some questions in the minds, and requested I do further study in the form of a Phase 2 Report.

After a lengthy discussion with my lender, and my objections with their concerns in the Phase1, it became apparent to me that there would not be enough time to finalize funding and pay off the lien to cancel the Sheriff's Sale. Toward that end, I've chosen not to incur the expense of a Phase 2 and the extra time that would require. As a result, my lender withdrew their loan commitment and I'm going to take advantage of the law to save the Chandler Raceway.

So...I'm going to do what General Motors, Macy's, President Lincoln, Walt Disney, and Henry Ford have all done before me. Presleyland Speedpark, LLC, is going to file a corporate CH 11 reorganization plan in Federal Court on the 19th which will bring to a dead stop the auction scheduled on March 20!

Prior to making this decision, I reached out to the attorneys representing People's Bank (the current 1st Mortgage holder) and SEG (the judgement creditor with the lien against Kevin Baesel, Jr, which is atttached to my property). I had previously reached out to Mark Hendrickson at People's Bank but he wouldn't take my call. Lastly, I reached out to Stefan Frame, the owner of the grinding company.

My message to all of them was to show community support by voluntarily cancelling the auction, and allow me one year to operate the Chandler track, establish a record of cash flow and a profit and loss statement, and then refinance the property at the end of racing season with a local bank.

I explained how this would be of great public relations benefit to each of them by honoring Harold Baker's 44 years of service in keeping the Chandler Raceway operating.

As an act to show my sincerity in my request to have them voluntarily cancel the Sheriff's Sale for 12 months, I offered to sign over the deed to the property to them which would be held in escrow. In the highly unlikely event I didn't retire their two liens at the end of 365 days, then the property would revert to them. Escrow would record the deed, and ownership would revert to the bank and grinding company.

Unbelievably, greed seems to be their only care. I wasn't even given the courtesy of a response by any of them. None of them apparently could care less about keeping the 55 year old historic and iconic Chandler Raceway continuing as a motorsports facility, and they want the auction to continue.

People's Bank has been in existence since 1895. Waiting a year for their 60K, which I offered to pay interest on at 8% APR, would not break the bank.

The owner of Southeast Grinding Company (SEG) told me once in a telephone call that he makes $10M a year, and suing Mr Baesel, Jr, was just principle for him. He said he didn't care about the money.

WELL...NEWS FLASH...I DO CARE ABOUT THE FUTURE OF THE TRACK AND I'LL DO WHATEVER I HAVE TO DO TO SAVE IT! PERIOD!

So if your planning on racing at Movieland Speedpark in Chandler in 2019, and in 2020, and every year thereafter to 2075, keep your plans in place. By 2075, I might be ready to do something else and might consider selling it. Emphasis on "might".

That's your update my friends.

Let's get ready to race!!!🏁👍🏁

Movieland Speedpark 3/11/19 5:44 AM

March 10, 2019...A Movieland Speedpark Auction Update !!!

THERE WILL BE NO AUCTION!!

Approximately 10 days ago, the commercial lending firm that had agreed to do a $300,000 new 1st mortgage for me on the Chandler Raceway, after reviewing the 214 page Phase1 Environmental Report, saw some things in the report that raised some questions in the minds, and requested I do further study in the form of a Phase 2 Report.

After a lengthy discussion with my lender, and my objections with their concerns in the Phase1, it became apparent to me that there would not be enough time to finalize funding and pay off the lien to cancel the Sheriff's Sale. Toward that end, I've chosen not to incur the expense of a Phase 2 and the extra time that would require. As a result, my lender withdrew their loan commitment and I'm going to take advantage of the law to save the Chandler Raceway.

So...I'm going to do what General Motors, Macy's, President Lincoln, Walt Disney, and Henry Ford have all done before me. Presleyland Speedpark, LLC, is going to file a corporate CH 11 reorganization plan in Federal Court on the 19th which will bring to a dead stop the auction scheduled on March 20!

Prior to making this decision, I reached out to the attorneys representing People's Bank (the current 1st Mortgage holder) and SEG (the judgement creditor with the lien against Kevin Baesel, Jr, which is atttached to my property). I had previously reached out to Mark Hendrickson at People's Bank but he wouldn't take my call. Lastly, I reached out to Stefan Frame, the owner of the grinding company.

My message to all of them was to show community support by voluntarily cancelling the auction, and allow me one year to operate the Chandler track, establish a record of cash flow and a profit and loss statement, and then refinance the property at the end of racing season with a local bank.

I explained how this would be of great public relations benefit to each of them by honoring Harold Baker's 44 years of service in keeping the Chandler Raceway operating.

As an act to show my sincerity in my request to have them voluntarily cancel the Sheriff's Sale for 12 months, I offered to sign over the deed to the property to them which would be held in escrow. In the highly unlikely event I didn't retire their two liens at the end of 365 days, then the property would revert to them. Escrow would record the deed, and ownership would revert to the bank and grinding company.

Unbelievably, greed seems to be their only care. I wasn't even given the courtesy of a response by any of them. None of them apparently could care less about keeping the 55 year old historic and iconic Chandler Raceway continuing as a motorsports facility, and they want the auction to continue.

People's Bank has been in existence since 1895. Waiting a year for their 60K, which I offered to pay interest on at 8% APR, would not break the bank.

The owner of Southeast Grinding Company (SEG) told me once in a telephone call that he makes $10M a year, and suing Mr Baesel, Jr, was just principle for him. He said he didn't care about the money.

WELL...NEWS FLASH...I DO CARE ABOUT THE FUTURE OF THE TRACK AND I'LL DO WHATEVER I HAVE TO DO TO SAVE IT! PERIOD!

So if your planning on racing at Movieland Speedpark in Chandler in 2019, and in 2020, and every year thereafter to 2075, keep your plans in place. By 2075, I might be ready to do something else and might consider selling it. Emphasis on "might".

That's your update my friends.

Let's get ready to race!!!🏁👍🏁

Nate 3/11/19 3:23 PM

Re: Movieland/Chandler up for auct
 
Oh Reno....I feel like you've got to be nearing the end of your book of excuses.

jjones752 3/11/19 4:45 PM

Re: Movieland/Chandler up for auct
 
Makes sense to me...:39:


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