Gas City for sale or lease

cmakin · 9/8/08, 3:29 PM

Quote:

Originally Posted by Z-man

Don
You are right the money is the issue, the owner can't resist selling the track for development $$$$$. If local government can see the value of having a sport venue in there jurisdiction then this doesn't have to happen. Every major city in the US should have a race track within it's boundaries. The revenue generated from people visiting these tracks would offset the cost of "subsidizing" either through purchase or incentives. Most people who attend baseball and football games live within the region. Racing is a different animal all together. Most comute to the region from somewhere else. The plus side of revenue from tourism is infrastructure cost, no new roads, no new water mains, no new sewage treatment plants. Want to boost your revenue through tourism, build a race track. What other tourism based revenue does Gas city have? Gas city already has one, a good one, if they let this go they would be making a mistake. I have met people at gas city from California and New York, think these people would be there if not for the track?

Yup. Hey, during Sprint Week, we were staying in Gas City (having traveled up from Texas). One quickly finds out that, when there is no racing (such as during a rained out program) in Gas City, there isn't a whole lot of other things to do.

Property values are what killed Ascot, correct? Just what is in the place of the Speedway there now? It's not like the neighbors were ever going to pick up the phone and complain. Same deal with West Capital.

D.O. · 9/8/08, 6:32 PM

Wal-Mart
:dologob:

cecil98 · 9/8/08, 7:18 PM

believe me, if it was a big money maker, they'd still be running it in 2009. Promoting short track racing is a tough buck to make, "especially" if you don't own the property. If any of you "starry-eyed would be promotors" out there ask me? I'll tell you to leave it sit! OK,OK so you didn't aske me! If you're crazy enough to try it, good luck! :O:

tntbusco · 9/9/08, 9:40 AM

Has anyone mentioned the asking price for either buying or leasing?
Sure would hate to see another track go the way of Warsaw or Avilla
Both of those were great tracks that were killed by cities with no foresight
Warsaw sits empty at the fairgrounds and Avilla is a McDonald/B.P. station
and now also a beer distributor finally took some of the property.
Can't see how anybody make much if any money because of those decisions.....

racefan20 · 9/9/08, 12:06 PM

I think the truck terminal wants the land

duel · 9/9/08, 4:33 PM

Write or email the Gas City chamber of commerce about the benefits this jewel brings to their community. Someone just might listen and get behind the track. Wishful thinking.....

Charles Nungester · 9/9/08, 4:44 PM

What Cecil said. I've had two promotors tell me point blank that there isn't really money to be made except special events and those are iffy because of issues of bad weather ect which in the bad case, You loose your ass.

In fact one promotor told me three of the four shows out of sixteen that he actually made money were USAC.

Chuck

Jerry Spencer · 9/9/08, 5:23 PM

Gregg S. name has been mentioned a lot around here. Shuman, Stabb and a new open wheel series is the talk. I have no idea if anything will come from the talk but it is a start. I will not believe anything until the papers are signed.
Time will tell.

Jerry #66j
www.joshspencer.com

Stagger · 9/9/08, 10:01 PM

That COMBO would be Pretty hard to beat. Like to see The Fl'yn Shu out here in Indiana.....:respect::respect::respect:

9/9/08, 10:08 PM

I think Shuman had a good idea and did a good job with the NWWC. Hopefully he and #44 can make this deal happen. Even if it didn't get too far off the ground, if it helped motivate USAC as far as the sprint series is concerned it would be worth it in my book.

9/9/08, 12:06 PM	#25 Re: Gas City for sale or lease
racefan20 Senior Member Join Date: Jul 2007 Posts: 5,219	I think the truck terminal wants the land __________________ John Hoover “To whom little is not enough, nothing is enough.” Epicurus

9/9/08, 4:44 PM	#27 Re: Gas City for sale or lease
Charles Nungester Senior Member Race Count This Year: 6 Race Count Last Year: 14 Join Date: Jul 2007 Posts: 22,027	What Cecil said. I've had two promotors tell me point blank that there isn't really money to be made except special events and those are iffy because of issues of bad weather ect which in the bad case, You loose your ass. In fact one promotor told me three of the four shows out of sixteen that he actually made money were USAC. Chuck __________________ Charles Nungester

9/8/08, 6:32 PM	#22 Re: Gas City for sale or lease
D.O. Senior Member Join Date: Jul 2007 Posts: 2,915	Wal-Mart :dologob:

9/8/08, 7:18 PM	#23 Re: Gas City for sale or lease
cecil98 Senior Member Join Date: Jul 2007 Posts: 1,399	believe me, if it was a big money maker, they'd still be running it in 2009. Promoting short track racing is a tough buck to make, "especially" if you don't own the property. If any of you "starry-eyed would be promotors" out there ask me? I'll tell you to leave it sit! OK,OK so you didn't aske me! If you're crazy enough to try it, good luck! :O:

9/9/08, 9:40 AM	#24 Re: Gas City for sale or lease
tntbusco Member Join Date: Jul 2007 Posts: 184	Has anyone mentioned the asking price for either buying or leasing? Sure would hate to see another track go the way of Warsaw or Avilla Both of those were great tracks that were killed by cities with no foresight Warsaw sits empty at the fairgrounds and Avilla is a McDonald/B.P. station and now also a beer distributor finally took some of the property. Can't see how anybody make much if any money because of those decisions.....

9/9/08, 4:33 PM	#26 Re: Gas City for sale or lease
duel Senior Member Join Date: Jul 2007 Posts: 3,428	Write or email the Gas City chamber of commerce about the benefits this jewel brings to their community. Someone just might listen and get behind the track. Wishful thinking.....

9/9/08, 5:23 PM	#28 Re: Gas City for sale or lease
Jerry Spencer Senior Member Join Date: Jul 2007 Posts: 3,869	Gregg S. name has been mentioned a lot around here. Shuman, Stabb and a new open wheel series is the talk. I have no idea if anything will come from the talk but it is a start. I will not believe anything until the papers are signed. Time will tell. Jerry #66j www.joshspencer.com

9/9/08, 10:01 PM	#29 Re: Gas City for sale or lease
Stagger Senior Member Join Date: Aug 2007 Posts: 243	That COMBO would be Pretty hard to beat. Like to see The Fl'yn Shu out here in Indiana.....:respect::respect::respect:

9/9/08, 10:08 PM	#30 Re: Gas City for sale or lease
Fisher79 Posts: n/a	I think Shuman had a good idea and did a good job with the NWWC. Hopefully he and #44 can make this deal happen. Even if it didn't get too far off the ground, if it helped motivate USAC as far as the sprint series is concerned it would be worth it in my book.