Quote:
Originally Posted by Adger Smith
I have read, as well as the taxes/finance issues, that there is a battle going on with the CEO and board members that don't want to be invested/participate in the motorsports industry. That would be a hard battle for a track manager to overcome.
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So is it like the Chicago Tribune situation? The Chicago Tribune did not go into bankruptcy because folks stopped reading the newspaper, it was a tax situation with the family that owned the LA Times (which the Tribune bought with a special agreement of some sort) when they wanted out. I wonder if any of their horse properties are "subsidized" by casino type gambling.