Gateway

[Alan Roehrich]

Gateway has announced they will not be hosting any NASCAR races there next year, and the group that owns the track, Dover Motorsports inc., has announced a possible sale of the track as one reason. Wouldn't be a big surprise if they announce that they won't host NHRA there next year.


http://nationwide.nascar.com/nationw...ay.races.2011/

[Alan Roehrich]

Gateway says their 2011 NHRA national event is still on. They say the event is profitable.

http://www.competitionplus.com/index...ll-on-schedule

They do mention the national event, but make no mention of any division race.

[Adger Smith]

Isn't that the group that closed the Memphis Motosports complex?

[John Kelley]

Originally Posted by Adger Smith

Isn't that the group that closed the Memphis Motosports complex?

It sure is the same outfit ! :-(

[Alan Roehrich]

Yes, it is. It is also the group that owns Nashville Superspeedway. When they closed Memphis, after NHRA moved the event back to August, they moved part of the NASCAR races to Nashville, and the rest to Gateway.

The guy who owns the majority of the company that owns Dover Motorsports Inc., Dover Downs Development Inc., has been trying to force the company out of race track ownership for the last half dozen years or more.

I'm waiting for the Nashville track to go belly up, they've never finished the drag strip, and there is no local weekly circle track program, either.

[Geerhead55]

Damned corporate SOBs,,,,which track will they close next?
Long live Memphis,,,only went there once,but was impressed by the place.
Danny Durham

[Rob Petrie E395]

I cant remember the names but the guy who wants all the tracks sold off runs a investment company and is NOT the majority share holder he does own and manage quite a few shares but he does not have controll of enough shares to dictate what path the company will take on his own. The majority shareholer runs a premier business school. Basically from what I have been told is the majority share holder owns enoughf to controll the company. The other guy wants to play Larry the liquidator make a little bit and get out but he does not and never will have control of the shares necessary to do so. So he pisses and moans about it all the time in memos and letters to the board. Hopefully Bret Kepner will see this thread and post all the details. Untill this year I had raced at Gateway in their point series for several years and really liked the place but I am afraid things might be heading the same direction as Memphis. Right now things are kind of bad for racing of all types at all levels. Might be a good time to say a little prayer for Gateway before another one bites the dust.