"The Rock" Going On The Auction Block

[Fundytrail]

North Carolina Motor Speedway - "The Rock", is scheduled to go on the auction block in October of this year. The 1.014-mile track opened in 1965 and hosted NASCAR's top series until 2004 when it got up in series expansion. The track was acquired by Speedway Motorsports, Inc. as part of a lawsuit settlement. The auction is listed as "absolute" which means it will go, regardless of the sale price, i.e. no reserve... :cry:

[JimmieJohnson]

The National Auction Group has been retained to auction the North Carolina Motor Speedway in Rockingham, N.C., on Tuesday, Oct. 2, at 1:00pm/et. With a long and distinguished track record for selling high-end, high-profile properties, The National Auction Group has made its specialty finding buyers for unique properties by attracting bidders from all over the world. The legendary race track dates to 1965. North Carolina Motor Speedway enjoyed a rich tradition of NASCAR racing and other motorsports events spanning five decades. The 253.6-acre facility features a 1.017-mile speedway with more than 60,000 grandstand seats, an administrative building, an infield garage, control tower with suites and numerous other buildings. Located convenient to the Carolina coast, Southern Pines Resort area, Charlotte and Interstate 95, the facility is a complete multi-use entertainment complex with several recent upgrades. More info at The National Auction Group site. The property will be open for inspection daily and by appointment, from 10:00am to 5:00pm beginning Sept. 14. To schedule an appointment prior to this date, please call 1-800-503-9434 or (256) 547-3434. Beginning Sept. 14, call the site directly at (256) 504-6858 or (256) 504-5201.

[JimmieJohnson]

Rockingham Speedway Purchased for $4 Million: The owner of a high-performance driving school in Charlotte submitted the winning bid Tuesday -- $4 million -- for the nearly abandoned North Carolina Speedway. Andy Hillenburg, who competed in 16 NASCAR races, finished 28th in Indianaolis 500 in 2000. His bid was one of less than 10 submitted. Hillenburg is trying to bring lower-tier NASCAR races to the track, which was abandoned by NASCAR in 2004. "We'll definitely have racing here," Hillenburg said. "We'll have some driving shcools. We'll have some movies and commericials, and have a few legends races, and hopefully be an important part of the community. And that's the thing. I want to be a part of it. I want to be a part of this community. I love this sport a lot, and I want to make a difference." Hillenburg plans to move his family to Rockingham from Charlotte. The speedway was put up for auction by Speedway Motorsports Inc., whose chairman is Bruton Smith. Speedway Motorsports owns tracks in Concord; Atlanta; Fort Worth, Texas; Bristol, Tenn.; Las Vegas; and Sonoma, Calif. "Today is a win for Rockingham. No question about it," said Rockingham Mayor Gene McLaurin. "It's a win for this community. And I'll tell you what else it's a win for. It's a win for race fans, too."(WRAL.com (http://www.wral.com/news/local/story/1885014/))