5 replies to this topic

[Dayle Frame]

Grattan Raceway is for sale. The owners built the track waaaaay back when (mid 60’s?) and want to get out from under it. It’s a fabulous, old school facility and deserves a new owner who WON’T turn it a golf course or condos. Grattan’s not famous but it’s a kin to Summit Point, Blackhawk Farms, Hallett......non pro, family run, great tracks with lots of charm and character. 

 

Truth be told, it could use some TLC and a couple of suspicious fires upon purchase. The buildings need to go so they can be replaced by new structures without leaky roofs, real power, etc.

 

http://www.grattanracewaypark.com/

 

Dayle

 

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Dayle Frame (259138)

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Nat Comp & Div F&C, WMR Comp Manager

[Tom Sager]

Well, if I was retired and had a few extra million $ laying around I'd make the call.

 

Seems like Ford, GM, or FCA should own a track. 

 

I suppose something like this is valued like any business based on earnings and on that basis it might not be all that expensive unless the land value is greater?

 

Hopefully a good buyer/operator emerges. 

[38bfast]

Sam told me 10 million last year. 

[Michael Novak]

38bfast, on 07 May 2019 - 6:13 PM, said:

Sam told me 10 million last year. 

He is not planning on selling then...   Land value+ a little

[Jim Drago]

Michael Novak, on 07 May 2019 - 8:41 PM, said:

He is not planning on selling then...   Land value+ a little

+1

[MPR22]

I wish had put together the money to by TWS when it was for sale. 7.5M is a bargain considering how much it costs to build a new one. Now we are down to 3 usually tracks in Texas.