Changes for Texas World Speedway
COLLEGE STATION (Grid Commercial Real Estate) – The Texas World Speedway and surrounding land totaling more than 560 acres have been sold to an investment partnership led by Houston-based Corps Ventures LLC.
Plans are to improve the 38-year-old Speedway’s operations while master-planning the excess land on Hwy. 6 for development.
Texas World Speedway, which recently hosted the Big State Country Music Festival, is one of only seven super speedways in the United States and the only one in the Southwest.
Grid Commercial Real Estate coordinated the sale.
tws is a good venue, i think the market is getting cluttered for road courses in tx, but i think tws will be fine. theres a lot of money to be had putting an industrail park out in front of the track like what has already been started, and there is plenty of land out back as well. it just kinda sucks all those seats and the oval probably wont get used, honestly theres no reason for anyone to go there with TMS in dallas, but i honestly could be 100% wrong. i also dont know cost/income on repaving the oval. but its good if a company with money that both a) likes the racetrack and b) take advantage of the zoning and land and put an industrial park out there. good way to make everyone happy. i do wish however they had portable bleachers on site, and i also thought it'd be kinda cool if they used some of the infield for off road racing.
good news though, hope these people know what they are doing and can make this a really good endeavor for everyone involved. cool stuff.
http://www.lawmotorsports.net/mw/vid..._R3_hilite.wmv
http://www.lawmotorsports.net/mw/vid...R2_1st_lap.wmv
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