IHRA Just Sold

[HR9121]

Originally Posted by blkjack

With the sale, is the track operator legally bound to honor a contract he has with IHRA? Just wondering if there are tracks out there that would "jump ship" if given the chance. If the contract is with Feld Motorsports I wouldn't think they would have to honor any agreement.

Not sure how that works, but IHRA stands as its own entity that was owned by Feld Motorsports so I would assume the contracts would be with IHRA and not Feld. So I would assume that unless there was an out clause in the event of a sale or bankruptcy the tracks are still binded to the new owners.