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Old 01-18-2011, 11:21 AM
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Default Gateway raceway rumors

i heard rumor that gatway raceway drag track id reopening under new management...it is the only track near my area and i pray these rumors are true has anyone heard of this
what i heard was from my buddys dad who knows one of 3 investors who are reopening just the drag track not the circle track???? if anyone has heard anthing just let me know
Old 01-18-2011, 04:23 PM
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I heard the person that bought Memphis was looking at getting this one too. All Rumors ya know, but I really hope that they do something with GIR.
Old 01-23-2011, 09:21 AM
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i hope it re-opens. That will save me alot of fuel vs hauling to KC
Old 01-23-2011, 10:40 AM
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i have heard just about every rumor there is, the MAR park has not even broken ground yet and that was planned about 3 months ago. If a racer actually bought GIR it would be a much better facility and atmosphere but it was becoming too corporate.
Old 01-24-2011, 10:32 PM
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It was sad to see it at LSX..seemed really run down, dirty, lots of trash..
Old 01-25-2011, 02:23 AM
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I heard all the rumors. who knows if there true have to wait and see.
Old 01-25-2011, 09:29 PM
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I have heard there is some potential interest but there are many hurdles to get through to get it done. I guess we will have to wait and see how it pans out, there are alot of race car builders with vested interests in that facility. St. Louis is loaded with top name chassis builders. ADRL is rooted here also which should help motivate interested parties, I would think they would like to have an event in their home town.

What is the latest rumor?

Last edited by helicoil; 01-30-2011 at 12:04 AM. Reason: grammar.lol
Old 01-26-2011, 04:59 AM
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On the upside, Waitway can only get better. Mainly because it couldn't get any worse.
Old 03-11-2011, 12:28 AM
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No **** moroso investment partners bought gateway race way wednesday they are the same group who bought memphis track
http://www.stltoday.com/suburban-jou...1b1125fb1352,0
check out the link i hope they open it up by spring
Old 03-11-2011, 12:38 AM
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Doesnt look like they bought it, but heard about this also.
Old 06-24-2011, 09:37 AM
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Rumor mill is spinning again. I know some people that use to work at Gateway and I was told that they were just called back to work. I'm not sure who has purchased it, but rumor has it that the dragstrip will be reopening July 20th I believe.
Old 06-24-2011, 10:16 AM
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it's true palm beach internation raceway purchase it!!!!
Old 06-24-2011, 03:21 PM
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^^^^I hope this is true, but I'm not gonna hold my breath.
Old 06-24-2011, 03:42 PM
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Originally Posted by daschra79
^^^^I hope this is true, but I'm not gonna hold my breath.
THIS
Old 06-24-2011, 04:28 PM
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have faith guys. we had the same things happen to us. 4 years later.. it reopened.
Old 06-24-2011, 05:27 PM
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maybe this is a stupid question, but how do these places not make enough money to stay open??
Old 06-24-2011, 08:08 PM
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I hope it opens back up. I moved down here for work and learned it was closed. Yes I only have a 6 cylinder but if I can take it to the track a few times to help encourage the 6 cylinder to give out I'd have a great reason to start my build sooner then later.
Old 06-24-2011, 08:54 PM
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Originally Posted by SSmoken
maybe this is a stupid question, but how do these places not make enough money to stay open??
They definitely do under most circumstances. Where Gateway had it's problems was they had taken out grants to build it, and they were to be paid off in 10 years. What I have heard is they weren't and now the property tax on the land must include the governments share to be reimbursed. Property taxes are now in the 7 figure range for whoever owns that land, and that is hard to over come and still remain profitable.

Last edited by Dleep79; 06-25-2011 at 12:31 AM.
Old 06-30-2011, 02:16 PM
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http://forum.competitionplus.com/showthread.php?t=8220

http://crossbonesracing.proboards.co...?board=gateway
Old 07-10-2011, 10:19 PM
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Hey if anything does happen with Gateway could some1 please email me? Troyboi2095@hotmail.com thank you.




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