Quote:
Originally Posted by Dave Gantz
Let me ask this: I guess Atco is worth more as a scrapyard/auction (I'm confused as to which) than it is as a dragstrip? If it is, it must be a significant difference for the current owner, (whom I can only guess is a drag racing enthusiast) not to sell it as a dragstrip.
Atco's about 60 years old, I wouldn't want to be the guy who sold out.
I guess Englishtown was worth a bunch more as whatever-it-was-sold-as, rather than a dragstrip. Enthusiast or not, that owner eliminated an iconic track.
"Follow the money trail", I imagine. Shame.
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Englishtown was not sold and is still owned by the same family.
Some of the property was leased to park cars that are up for sale at one of the auto auction sites. Damaged cars from accidents, floods, fires I assume. They have a lot of value and paying storage fees on them would cost a great deal of money. I assume that leasing existing paved facilities saves a lot of money.
Atco would be something along those same lines.....but I believe with an actual Auction building proposed.
On the way to Atco I pass the Bordentown Auto Auction site.....A huge place where cars are auctioned. Those are all used cars not damaged. It's big business and millions of dollars changing hands.
Drag racing is like an endangered species........If tracks keep disappearing we're extinct.....