Originally Posted by Terry Porter:
Easiest solution is to simply open a bank acct and procure a line of credit.
Cash is king and if you throw enough at an issue the issue typically disappears.
Any banker that would provide a line of credit for the amount that Jack wants for that property for the intention of continuing it as a racetrack would be fired immediately.
John Hoover
“To whom little is not enough, nothing is enough.” Epicurus
What's happing with the save Gas City. You ask if some could donate to this cause which I did and now have not heard anything about what progress in your quest. Not a way to be transparent in my view.
Originally Posted by Fumanchu:
well Calistoga is coming back after fighting for 6 years we never gave up and guess what. Were going racing in 2025 BOOM !!!
And Im glad, I don't think the reason racing stopped there is because nobody wanted too Not sure if it was a fair board issue or what. But I thought that Abreu's had put 3mill into the track for lighting and fencing before the racing stopped.
I stopped at Gas City last September and looked around. If you include the purchase price, it would probably take $7Million to get it up and going for that first year. I don't see any way a person could get any sort of return on investment. I have also heard it is now for sale in several pieces. I would say it is done. The time to save Gas City was when everyone was boycotting the place. Hey, they got what they wanted.
Originally Posted by BrentTFunk:
I stopped at Gas City last September and looked around. If you include the purchase price, it would probably take $7Million to get it up and going for that first year. I don't see any way a person could get any sort of return on investment. I have also heard it is now for sale in several pieces. I would say it is done. The time to save Gas City was when everyone was boycotting the place. Hey, they got what they wanted.
When Larry B was running it there were a few guys bad mouthing him and said they wasn't going to support Gas City. There were some things that I didn't like what Larry was doing but I still went there. Now I hope those ones that boycotted the track are happy.
