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7/1/13, 5:55 PM |
#1
KC/Atomic news. . . . . . . .
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Senior Member
Race Count This Year: 6 Race Count Last Year: 14 Join Date: Jul 2007 Posts: 22,033 |
Caught this of FB:
Please share. Let's get the word out! This is an open letter to the racers and fans of KC/Atomic Speedway, after 3 years as the owner and operator of Jackson County Speedway I have decided to take the next step in the racing business. I have entered into an agreement to purchase KC/Atomic Speedway. I have put down a retainer that gives me 30 days to come up with the remainder of the down payment and upfront operating capital. So this is where we are, we are still looking for investors and or sponsors so that we can come up with the money to make deal happen. We have a solid financial plan that we would be glad to sit down and share with any serious parties. So if you are one of those that keep saying “I wish someone would do something with that race track” well here is your chance to be part of the reopening of one of the greatest dirt track venues in the country. The current owner has been very good to work with us to get us to this point, what he wants as a down payment is very reasonable, however it is just more than we have available without endangering what we are doing at Jackson County Speedway. So what we are looking for are investors and or sponsorship commitments. Most all of our staff are on board with this and are ready to get to work on Blain highway. Also if we can get this deal complete within the next 30 days, there will be a few events held at KC/Atomic in the 2013 racing season. Serious inquiries please feel free to contact me at bam0074@yahoo.com or 740-703-9749 Brad McCown.
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Charles Nungester
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7/1/13, 6:19 PM |
#2
Re: KC/Atomic news. . . . . . . .
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Senior Member
Join Date: Sep 2009 Posts: 488 |
I don't think I'd risk my 401 retirement $$$ on this deal. Good luck to them but the economy in that area is rotten right now. May be hard to find the investors.
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7/1/13, 6:54 PM |
#3
Re: KC/Atomic news. . . . . . . .
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Senior Member
Join Date: Jul 2007 Posts: 17,558 |
To make it as a promoter, you have to withstand losses to make money. I bet every track in Indiana is in the red this year because of weather. I have been to several shows where they ran, but no one showed up because of the threat of rain. Gas City midgetweek was a well run show with open wheel races completed well before 10. there was lightning to the north and west all night, and the crowd was very small. Wish these people the best.
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7/1/13, 7:02 PM |
#4
Re: KC/Atomic news. . . . . . . .
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Senior Member
Join Date: Sep 2009 Posts: 488 |
Quote:
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7/1/13, 7:03 PM | #5 | |
Senior Member
Join Date: Sep 2010 Posts: 954 |
I'm curious as to what classes they will run. Best of luck to them
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7/1/13, 8:08 PM |
#6
Re: KC/Atomic news. . . . . . . .
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Senior Member
Join Date: Sep 2008 Posts: 1,700 |
Best of luck. However, not having enough money for a down payment should be a huge red flag.
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7/2/13, 8:22 AM |
#7
Re: KC/Atomic news. . . . . . . .
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Senior Member
Join Date: Jul 2007 Posts: 1,940 |
spent a lot of time as a kid at atomic. we always ran well there. hope the best for the place......
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CHRIS SMITH
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7/2/13, 7:23 PM |
#8
Re: KC/Atomic news. . . . . . . .
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Banned
Join Date: Apr 2013 Posts: 1,158 |
best of luck/ hopin for some non-wing sprint car racing , its within my travel range, and it is a great track and a nice venue!
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7/2/13, 7:32 PM |
#9
Re: KC/Atomic news. . . . . . . .
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I went there often 98-02 when I shot for the All Stars. Never saw the place less then 95% full
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7/4/13, 9:43 AM | #10 | ||
Senior Member
Race Count This Year: 2 Join Date: Feb 2013 Posts: 303 |
Looks like they got the down payment.
http://www.chillicothegazette.com/ar...tomic-Speedway Posted via Mobile Device Posted via Mobile Device |
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