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10-18-2010, 09:51 AM
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#1 |
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Gateway International Raceway -St. Louis - 4 sale
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10-18-2010, 10:56 AM
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#2 |
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Veteran Member
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Location: Murfreesboro TN
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Re: Gateway International Raceway -St. Louis - 4 sale
Yeah, except for the major financial baggage that comes with it.
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Alan Roehrich 212A G/S |
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10-18-2010, 11:23 AM
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#3 | |
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Re: Gateway International Raceway -St. Louis - 4 sale
Quote:
I believe the state of Illinois put in some BIG $$$ that must be paid back. That would be a tough nut to crack ! And as the article states..the track hasn't made a profit since Dover bought it in 1999 ! Last edited by John Kelley; 10-18-2010 at 11:36 AM. |
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10-18-2010, 12:17 PM
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#4 |
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Re: Gateway International Raceway -St. Louis - 4 sale
Is it just me, or does it seem that the track had the problems with NASCAR, and not Drag Racing??? What a shame.....
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Marvin Robinson 3188 STK/SS |
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10-18-2010, 12:47 PM
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#5 |
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Re: Gateway International Raceway -St. Louis - 4 sale
Supposedly, they lost money on NASCAR, and made money on NHRA. Without seeing the books, who knows?
In any event, considering the $6 MILLION yearly tax bill, they'd be lucky if they could get someone to take the place if they were offering the track for free, and they'd pay the first year's tax bill. Saying "the future is cloudy" for that place might qualify as the understatement of the decade.
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Alan Roehrich 212A G/S |
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10-18-2010, 01:33 PM
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#6 |
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Location: Clinton, OH
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Re: Gateway International Raceway -St. Louis - 4 sale
I believe there is also some issue with multiple landowners or leased land.
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10-18-2010, 04:34 PM
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#7 |
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Re: Gateway International Raceway -St. Louis - 4 sale
It's a shame, really. A facility that is that damn nice sitting there wasting away. I live near Springfield, IL - we are running out of options around here. Joliet is close to 3 hours north, Indianapolis is 3.5hrs, Morroco, IN is 3 hrs, Byron, IL is close to 4 hours....This sucks.
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