Quote:
Originally Posted by mudslinger 85
the fair board or who ever really owns the track is getting the shaft.
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I've been told that the local American Legion post actually "owns" the fairgrounds property including the speedway and has leased it to the city of Lawrenceburg for 99 years at a buck per. The city, in turn, then negotiates a sub-lease for the contract operator of the track (RPM now), exhibition hall, the midway (for flea markets and such), and the motorcyle track. Further, it is my understanding with respect to the speedway, that the city gets it's buck regardless of success or lack of same by the promoter. There are some further wrinkles in special cases, WoO for example, but I'm under the impression that this is pretty much how it works. All that said, and though it's really none of my business, I am interested in the details. So, if anyone here can clarify, correct, or expand upon the above, without physical and/or ego damage to ole FishBurger, please do so. Thank You! I must be off. :checkered: