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11-05-2010, 08:52 AM
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#21 |
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VIP Member
Join Date: May 2006
Location: Louisville , KY
Posts: 1,995
Likes: 68
Liked 279 Times in 68 Posts
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Re: Gateway done!
The way to make money is to buy the place at auction and get the taxes reduced based on what you paid for it. The best run racetracks that I see are owner operated tracks with little or no debt. When large corporations get in the race track business their expectations of return are generally not met. How many drag strips in the country could service 20 or 30 million in debt and make a profit?
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Greg Hill 4171 STK |
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