wondering if they got the 300,000 in payments.Would you want this crew managing your tracks for 2 percent.The 2 percent would be 2 percent of zero.There would not be any profits and in fact the deal most likely will never occur.
You have a strong probability of being right. I don't see how they can justify a track and facility that will never have a cup race. In any event they sure aren't paying much...what a fire sale price at 10 mil. This Tippie guy is made out to be a real great entrepreneur by his alma matter. It looks like he did nothing but ride the coattails of the Rollins' and now that Wayne Rollins is gone look what happened.This thing is so cheap and attendance is likely to be permanently lower ...or at least for many years..I can't see how they keep it public.
The one thing that keeps rolling back and forth in my mind is that they are trying to sell the track to Dale Jr.
On the one hand, he's got a huge wallet. He wouldn't need financing at all if he really believed in the deal.
On the other hand, he needs to be a better race car driver. He's having a pitiful year despite driving for the premier team in the sport. Everyone else in his shop has already won a race and ol' Mark Martin has won 4. Everyone else in his shop is in the Chase and he's about 20th. If he keeps driving so poorly, everything else falls apart: the team, the fans, the sponsors, and.....ultimately, the money.
I also wonder if Nascar/the evil France family isn't twisting some arms to keep a driver from owning a track that does have a NASCAR sanctioned race (although it's just the trucks).