Tippie is trying to right the ship with no growth prospects.Nashville Super speedway has the 21,000,000 debt on it and may eventually be a bigger cash burn.My gut feeling the Board of Directors got DDE and DVD mixed up in their decisions,as management should of been building casinos in other states but chose to build automobile racetracks, promote cart events,street racing events and buy a plane.I am quite sure management has had a better time than the common shareholders that have been destroyed by management's blunders as they are all in place with pensions,golden parachutes and pay.
Other than Nashville DVD and DDE didn't spend their time building race track and promoting street races. These came about from the idiotic merger with LBGPA. I do question the sanity of anyone who believed it was possible to acquire a new Cup event for Nashville or any of the other tracks. Unless you are ISCA or TRK even if there were dates available you were not going to get it. Dover should have moved one of the Dover events to Nashville and then expanded to 150,000 seats. Then Nashville would have been profitable.
It will be interesting to see how things go at the final race weekend there this weekend. If they can pay even part of the cost of debt service it will be worth keeping open for now. Huge investment there however with never any return. Just a reduction in any takeover price they might get when factored in and then closed.