[BringBackWilkesboro]

Bruton Smith has said he wants 12 million dollars at least for North Wilkesboro Speedway. Sounds good right? Bruton will sell the track, it will end up in the hands of an honest man (maybe) and maybe we'll see some form of racing return to the speedway. But there is a problem, tax rolls value the track at $4.8 million. Now, it is no question bruton is a greedy man (he has about ruined the way of life for nearly every Wilkes County resident). But why, if he loves his track so much, would he be so hesitant to sell it? All he is doing with it is letting it rot and trying to ignore the fact the people are angry about it and want answers (going back to the sign incident a few months ago). We may never get those answers, so lets go back to the Bruton's price tag. According to the Kelo v. The City of New London case, the Supreme Court ruled that a property could be seized by the government, and then transferred to a private owner for economic development (eminant domain). Wilkes County certainley has reason to try and use eminant domain to seize NWS, pay Smith and Bob Bahre the 4.83 million. Okay, so a battle for North Wilkesboro speedway ensues, and in all likelyhood, NWS is seized, bought buy, say, Junior Johnson? (he has shown interest before, but not willingto pay 12 mil). Therein lies another problem. Bruton is a sales tycoon. He has the money and lawyers to battle the county for as long as it takes. On the other side, the county does not (once again, because of Bruton). So it seems, to get racing of any kind back to NWS, someone will have to shell out 12 million dollars for it, but probably wouldnt be willing to pay 3 times what the track is worth without a fight. If anyone tries, whoever it is would likely lose the battel unless Donald Trumph has intent to fight Bruton for the track. Greed is an awful thing my freinds.

[Yelk]

If Bruton wants $12mil, how much does Bob Bahre want? How many more Million would it take to get the track and facility in race condition? What racing series could be drawn to the track where it would be profitable to operate it, even if it were purchase for $4.8 mil?

[BringBackWilkesboro]

Originally Posted by Yelk

If Bruton wants $12mil, how much does Bob Bahre want? How many more Million would it take to get the track and facility in race condition? What racing series could be drawn to the track where it would be profitable to operate it, even if it were purchase for $4.8 mil?

The story I read a while ago said 12 million is the solid price, so apparently Smith and Bahre have reached some sort of greedy agreement between them. And as for restoration, it would be coslty, which is another drawback, but the track is in suprisingly good condition for being idle for over 10 years. And lastly, when Junior Johnson showed his interest, there were talks of possibly a truck race should a deal ever go through. I think the Hooters Pro Cup would be a good fit too.

[Quality88]

Originally Posted by BringBackWilkesboro

Bruton Smith has said he wants 12 million dollars at least for North Wilkesboro Speedway. Sounds good right? Bruton will sell the track, it will end up in the hands of an honest man (maybe) and maybe we'll see some form of racing return to the speedway. But there is a problem, tax rolls value the track at $4.8 million. Now, it is no question bruton is a greedy man (he has about ruined the way of life for nearly every Wilkes County resident). But why, if he loves his track so much, would he be so hesitant to sell it? All he is doing with it is letting it rot and trying to ignore the fact the people are angry about it and want answers (going back to the sign incident a few months ago). We may never get those answers, so lets go back to the Bruton's price tag. According to the Kelo v. The City of New London case, the Supreme Court ruled that a property could be seized by the government, and then transferred to a private owner for economic development (eminant domain). Wilkes County certainley has reason to try and use eminant domain to seize NWS, pay Smith and Bob Bahre the 4.83 million. Okay, so a battle for North Wilkesboro speedway ensues, and in all likelyhood, NWS is seized, bought buy, say, Junior Johnson? (he has shown interest before, but not willingto pay 12 mil). Therein lies another problem. Bruton is a sales tycoon. He has the money and lawyers to battle the county for as long as it takes. On the other side, the county does not (once again, because of Bruton). So it seems, to get racing of any kind back to NWS, someone will have to shell out 12 million dollars for it, but probably wouldnt be willing to pay 3 times what the track is worth without a fight. If anyone tries, whoever it is would likely lose the battel unless Donald Trumph has intent to fight Bruton for the track. Greed is an awful thing my freinds.

I hate that. What an a$$hole. Hey "the Donald" seems to have developed an charitable side lately... maybe just for fun he would screw with Bruton just for the hell of it

[BringBackWilkesboro]

Originally Posted by Quality88

I hate that. What an a$$hole. Hey "the Donald" seems to have developed an charitable side lately... maybe just for fun he would screw with Bruton just for the hell of it

Thats true . That would be just like Donny to use his cash for his own amusment, especially at the expense of another multi millionare.

[Yelk]

Originally Posted by BringBackWilkesboro

The story I read a while ago said 12 million is the solid price, so apparently Smith and Bahre have reached some sort of greedy agreement between them. And as for restoration, it would be coslty, which is another drawback, but the track is in suprisingly good condition for being idle for over 10 years. And lastly, when Junior Johnson showed his interest, there were talks of possibly a truck race should a deal ever go through. I think the Hooters Pro Cup would be a good fit too.

But could a truck race or a Pro Cup race draw enough folks to make it profitable? Maybe it could the first few years, but not after the novelty grew off.