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Movieland/Chandler up for auct
http://www.wilsonauctions.com/auctio...dler-speedway/
Anyone close to the area know anything about this? |
Surely Reno Fontana will be here any minute now to clear all this up.😀
Jerry |
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This should be interesting....:44::8:
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Surely this isn't true! Just three days ago Willy Bonkers was selling "Golden Tickets" on Facebook to become and honorary lifetime member of "Movieland Speedpark" and all you had to do was message him on Facebook and give him your credit card information. I mean this on the heels of making all these "improvements" and hiring all these "professionals" to help him build the Midwest's most impressive facility.
Told everyone this would happen. The property is already listed on the auctioneers website. I see no improvements in the photos they provide, only ruined reputations of not only Fontana's, as if he had one to begin with, along with anyone dumb enough to be associated with him. |
Re: Movieland/Chandler up for auct
Jim George, I guess your out of luck shaking his hand
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http://www.invstor.com/users/reno-fontana-1
I thought this was an interesting statement and saw it at the time one of the previous threads was going on. “The state of Indiana has issued Presleyland Speedpark a special certificate whereby anyone in Indiana who pays state income taxes can receive a 100% tax credit by investing with Presleyland.” |
Re: Movieland/Chandler up for auct
http://www.in-sheriffsale.com/87Site...pdf?1550600404
This link is the notice of Sheriff's Sale. Scroll to the bottom pages 8 and 9 to see the details of the sale. |
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What is up with this guy and his special certificates and golden tickets? |
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February 19, 2019...A Movieland Speedpark Lesson In Real Estate Transactions...
Today, as hundreds of you have already let me know, a sign was posted announcing the auction of the Chandler Raceway on March 20, 2019. I CAN GUARANTEE THERE WILL BE NO AUCTION OF THE CHANDLER RACEWAY!!! I own the property! When I bought the property, I also inherited the mechanics lien of approx 60K that was placed upon the property which is the reason for the auction announcement. I have the funds sitting in escrow to pay off the mechanics lien AND other associated costs currently associated to the property. AS A CONDITION OF RETIRING THE LIENS AGAINST THE PROPERTY, MY LENDER IS REQUIRING THAT I HAVE A CLEAN PHASE 1 ENVIRONMENTAL SITE ASSESSMENT (ESA) COMPLETED PRIOR TO RELEASE OF FUNDS TO RETIRE THE LIENS. THE ESA REPORT IS CURRENTLY BEING CONDUCTED. The property, as a commercial motorsports facility, has probably had a gallon or two of motor oil and gasoline spilled on the grounds since it first opened 55 years ago. A contaminated property can cost millions of dollars in cleanup costs to a new buyer (me) IF an ESA is not completed prior to the final closing of a purchase. Racing season will commence as I've stated. THERE ARE NUMEROUS LEGAL WAYS TO CANCEL THIS SALE IF THE ESA FINDS PROBLEMS IN THE ENVIRONMENTAL STUDY. It's full speed ahead for Movieland Speedpark! 1000%!!! |
Believe it when I see it 👍
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Re: Movieland/Chandler up for auct
So does he own the property or not? Because he said he has to have this done before closing on the sale?
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Well it’s a court order sale March 20th guess will see if he owns it March 21or not 😉
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Not trying to be an a-hole.
So when this place opens you all gonna shake his had. I'm willing to give the guy a chance. If he's willing to go through all this to get the place open and run it. Look at all the b.s. Gas City & Paragon have gone through and their open. Then the more power to him. Most folks wouldn’t have the balls to go through the line of b.s. folks have thrown at him like he has. When the track opens lets see how many of you admit you where wrong about this and track does well. I'm optimistic as well; but I'm willing to let the man prove him self before I say anything. This is like an old lesson I learned years ago. Folks are more willing to say something about what you did wrong before give a chance to prove them self. If Reno makes this a success I'll be the first to praise for the effort to get the facility open. Seems like the track it's self has had a rough go of it over the years. Just my opinion and thoughts on the matter. The guy lives in California and hasn't even see the place yet and took a chance on it. |
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I'm just waiting for Charles to show up with the popcorn!:)
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Re: Movieland/Chandler up for auct
:44:
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Can he reopen Red Hill Raceway and the Xplex while he's at it.
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Appears it’s more than because of an EPA inspection or whatever...
http://www.14news.com/2019/02/19/cha...r-foreclosure/ Pretty sad when a fictional festival at the property gets more traction on the internet than the actual track lol |
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Hell ya never know ... Elvis my still get Graceland going :deadhorse:
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Wonder how this will effect the Lightning Sprints that was listed in an earlier post on this board.
https://www.indianaopenwheel.com/sho...125&styleid=17 https://m.facebook.com/Movieland-Lig...8761214966620/ Reno ? |
Re: Movieland/Chandler up for auct
For those the don't know who BJ is. He's related to former Late Model Racer & Illinois promoter Doug McCammon.
http://i68.tinypic.com/a1h11y.jpg |
Re: Movieland/Chandler up for auct
https://www.dragzine.com/news/southe...on-or-does-it/
Here is a good article about what is going on with the auction of Chandler Speedway by someone who did their research instead of believing everything Reno posts on facebook. |
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Sorry I can"t say anything more than what has already been said cuz Number One I"m laughing my a$$ off LOL, Number two Reno I don"t need to travel all the way out west CUZ in case you don"t know it we have God here in the midwest too, Number 3 I think it will be a COLD DAY IN HELL before that track ever opens, Didn"t BJ lose a track couple years ago cuz he couldn"t pay rent and purse? Yeah like I"believe and trust him LOL. :5::5::D:10:
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In all honesty we've been having a lot of fun with this whole situation but the fact is, it's hard to believe this guy at all and there's good reason for it.
You go on the track's website and they have a "5 year project" that includes building a park, 10 acre stocked fishing pond, professional golf course along with a driving range and putting green, football, baseball and soccer fields, a community pool, an ATV/MX track, and miles upon miles of bike and walking trails on top of a rejuvenated dirt track, drag strip and of course the drive-in movie theater. This "project" evidently began on January 1, 2018. Now look at the photos attached and tell me if you think ANY work has been done to make any of this tall tale possible 14 months after the project began? This is the same guy that said he was hosting a $15,000 to win ASCS show there 10 years ago and then was evicted from a home formerly owned by Elvis later going on YouTube asking for a lawyer to help him out pro bono. Then tonight somebody sends me a screen shot of him saying he's going to be hosting a ***** rally next year during his reelection campaign. You might want to change that tattered and dirty American flag before then, Reno. You go on social media and all they're ever asking for is money. Money for sponsorships, money for "golden tickets", money to sign up to be in some racing league. What we, as fans, would like to see is instead of you and your crew telling fairy tale after fairy tale is photos of work being done. Maybe someone on a tractor farming the weeds off the track or dumping fresh clay on it. But no, instead all we get is screen shots of some guy calling the county sheriff and you telling us that you don't need to explain yourself. Well Reno, if you're the owner, I think it's pretty much your job to do that, not your groupies who have drank the Kool-Aid already. I've said it before and I'll say it again. I want to see the track to succeed, but this guy isn't the one to do it. If he is SO invested in the track, why is he still in California? Why are they 14 months into their so-called 5 year plan and the track still sitting idle with exactly 0% of what he promised on his website accomplished? If this track goes to auction I can only hope someone who knows what the hell they're doing buys it. |
I did a little research on him...it didn’t take me long to find the answers to my questions.....
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Just like racecars have tachometers, race fans have BSometers and this guy red-lined mine a long time ago.
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What a blowhard POS. If you believe anything from Reno Fontana you are out of your mind. Grow up and be realistic.
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I keep adding on but that’s because this clown deserves it. In my eyes, we are a family, we get on IOW from time to time and get heated but I’d gladly offer you a beer from my cooler at the track. We all love racing and want to see tracks prosper.
But this guy, he’s reciting lines from some fairy tale from California, not even good enough to come to Indiana to take care of the track he “owns” Saw a good question posed online earlier. If he doesn’t have the money to pay this debt down to keep his track from going to auction, how does he keep it running? How does he pay race purses? How does he pay his track workers (they seem like a stellar bunch lol), how does he pay for concessions to feed and hydrate his handful of fans, how does he pay power or electric for the track to function? How does he pay for the equipment and fuel it takes to maintain a track? How does he pay to even improve the track to get it in working order to the point cars can even safely navigate it considering the photos and videos I’ve seen it hasn’t been touched since the last race they had there years ago? Reno, were anxiously awaiting these answers. You were so quick to respond to our critism the first time but you’ve been oddly silent ever since your track has gone on the market. Is there a reason for that? Jay, maybe you can fill us in, you’re so close to the situation. Hell, I’ll give you props if you can even tell me how you’re going to fit that “record crowd of 5000” into the one tiny grandstands you have in less than two months before your first race. Reno claimed 5000 fans on the heels of all this publicity. We’re all waiting eagerly :) |
A quick google search for "Reno Fontana" gives you all the background and information you need to see what sort of person this guy is. Don't hold your breath that there is ever a racetrack anywhere opened by this guy.
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It would be a real treat if Reno pulled his nose out of the latest Game of Thrones novel and left fantasy land as well. I’d shake each of your hands (as you wanted us to do Nathan) and say I was wrong, the track actually functioned. |
I couldnt help but laugh when I read he plans on installing "The Worlds Largest Guitar Shaped Community Swimming Pool"... either this guy has millions upon millions of dollars he plans on pouring into this place or is talking out of his ass... I'd guess the latter
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