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Another track bites the dust -- should the NHRA be worried?


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#1 Bob Riebe

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Posted 23 April 2023 - 00:45

https://www.msn.com/...82ed6f4bd&ei=26

 

...Expansion of a frickin' interstate on/off ramp!

In addition to Bandimere and Wild Horse Pass, several other tracks in recent years either lost NHRA national events or simply closed down for good, including Old Bridge Township Raceway in Englishtown, N.J. (closed in early 2018); Atlanta Dragway in Commerce, Ga. (about 40 miles northeast of Atlanta, closed after the 2021 season); and Houston Raceway Park in suburban Baytown, Texas (closed in Spring 2022).

And in the last 15 years, NHRA lost two other tracks: National Trail Raceway (30 miles east of Columbus, Ohio, in 2011) and Memphis International Raceway (2009)....



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#2 Magoo

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Posted 23 April 2023 - 11:29

NHRA owns a number of tracks, rather like NASCAR. So these are real estate companies, among their other functions. And real estate is one of their few real assets in a period where their business is in consolidation and contraction. So they will sell off the underperforming assets and focus the remaining resources on the assets with the best hope of surviving. 

 

Bandimere is owned by the Bandimere family, which says it would like to find land and build a new racetrack. That will be tough given the current revenue model. 



#3 Lee Nicolle

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Posted 29 April 2023 - 06:40

NHRA owns a number of tracks, rather like NASCAR. So these are real estate companies, among their other functions. And real estate is one of their few real assets in a period where their business is in consolidation and contraction. So they will sell off the underperforming assets and focus the remaining resources on the assets with the best hope of surviving. 

 

Bandimere is owned by the Bandimere family, which says it would like to find land and build a new racetrack. That will be tough given the current revenue model. 

Having seen racing at Bandimere it seems a decent facility, good track, good viewing, decent pit area and does not seem that old??