Thats a little rough. If the track could have generated the income that he received for selling it, he probably would have kept it. You're in the middle of what some people feel is the end of the economic world and you have someone offering several seven figures to buy some ground, you're probably going to take it. Is it sad? Yes. As sad as Ascot or for someone like me, the second 16th street Speedway. It sucks, but I don't blame him.

Most promotors are basically benevelount racefans who hope to eventually break even and have the mortgage paid until the day someone wants to purchase the land. I don't know the guy, so I can't comment on him, but he must of felt it was that time for him. Who knows? Maybe something better will come out of it that you can't see yet.