slideways40 Posted November 13, 2016 Report Share Posted November 13, 2016 Please can somebody give information on why this track has not been reopened? If so, what can be done to reopen it? Link to comment Share on other sites More sharing options...
top_shelf_12 Posted November 13, 2016 Report Share Posted November 13, 2016 $$$ Link to comment Share on other sites More sharing options...
hray Posted November 13, 2016 Report Share Posted November 13, 2016 A lot of $$$ needed to make this track raceable again. Plus, oil business slow down has made land in that area worth what it was before the boom. Unfortunately, many land owners in that area still think they own 5th Ave. You can't pay oil field land $$ for race track land. This track won't reopen until that reality sets in. Link to comment Share on other sites More sharing options...
sm44 Posted November 13, 2016 Report Share Posted November 13, 2016 We tried to buy the track. Asking price was 3 times the appraised value...yes I paid $2200.00 for a commercial appraisal. Asking monthly lease is 6 times what other operable tracks are asking per month. Copper has been stolen on the electrical, copper has been robbed from the a/c unit from the concession stand. Track needs 15-20k to make it usable. We offered what we felt was a fair price to buy or lease but the owners weren't interested. This has always been my favorite track and was our first choice to own or promote but until the owners decide they want to sell it I don't see it opening. Joe Link to comment Share on other sites More sharing options...
slideways40 Posted November 14, 2016 Author Report Share Posted November 14, 2016 OK thank you, that makes sense. I've been wondering what all it needed. Apparently it needs some work. Well all we can do is hope and pray that this place opens back up. Thank you Joe. Link to comment Share on other sites More sharing options...
NickHolt Posted November 14, 2016 Report Share Posted November 14, 2016 I am aware that at least a few offers have been made for the facility, but it is become increasingly apparent that the owner(s) are OK with paying taxes on unused property in the hopes that someone with more money than brains will pay more than the place is worth for the privilege of trying to make a run-down facility turn a profit. Besides the high asking price, in order to bring that track back to racing shape and restore the rapidly decaying infrastructure, a significant initial outlay of money would be needed right off the bat. I know folks who would be interested in the purchasing or leasing the place if they honestly believed it could ever pay for itself. But when the initial cost is not even close to a realistic figure, they realize there is no way the place could pay for itself or become profitable in the foreseeable future. I've got to admit that it's sad to look at the tattered and torn "For Sale" sign dangling in the breeze on my frequent trips back and forth to Corpus from San Antonio. Someone in an office somewhere needs to wake up and smell the coffee. Nick Link to comment Share on other sites More sharing options...
JohnnyT66 Posted November 14, 2016 Report Share Posted November 14, 2016 I really wish the current owners would of bought a golf course or something....instead they buy our only local dirt track and price it so high that no one is going to buy it....it's not like it closed because lack of support. Link to comment Share on other sites More sharing options...
drew Posted November 14, 2016 Report Share Posted November 14, 2016 I have been trying for quite some time to get a track back here in SA. We have 3 sets of plans and a lot of people to help build..there is a lot of land around the area if we could find someone to believe in us as drivers and fans to just get us started...I think if we were to start all over new with everyone pitching in...knowing the cost...we can get racing on dirt back to SA. We had a plan in place for the mud drag tack but they sat on it too long and the sponsors backed out...Im ready to work..just need someone to help fund it....the story of our lives Link to comment Share on other sites More sharing options...
Jamie Posted November 15, 2016 Report Share Posted November 15, 2016 I really wish the current owners would of bought a golf course or something....instead they buy our only local dirt track and price it so high that no one is going to buy it....it's not like it closed because lack of support. That's the shocking thing about it, well maybe not totally shocking. The support was there for sure and that is frustrating. Link to comment Share on other sites More sharing options...
Jamie Posted November 15, 2016 Report Share Posted November 15, 2016 Since I've lived in 2 states in just over a year, been to 5 different tracks and I can tell you that I just can't believe a city the size of San Antonio can't support a local track. Four of the five tracks I have been to have been small towns with tons of support from the surrounding areas. The fifth track, in Fayettville, is in, or on the outskirts, of the largest city of all of them. Freezing cold, late night, and they were packed! Things that make you think. SN: Something I noticed about all of the races I've been too since leaving Texas is the car counts are enormous and the stands have been pretty full. My theory is because of the colder weather they have a longer off season which allows teams and fans to get some family things done and getting people to want to be at the track as often as possible since it is a shorter season. IDK how accurate that is but it could be something to think about as well. Link to comment Share on other sites More sharing options...
JamesHigdon Posted November 17, 2016 Report Share Posted November 17, 2016 The problem has never been the support; racing in San Antonio has been victim of a series of bad circumstances brought on by greed and bad luck. SAS was closed because the city got greedy and gobbled up the land when Toyota moved here, once the city realized nothing could be built within 2 miles of the Toyota plant the land again became worthless but the land owners still think its worth a mint as a subdivision. SAS could have been bought numerous times but the land owners are nutty on the price. I37 became worth a lot because of the oil boom and now that the oil boom is over they STILL think its worth a lot. San Antonio CAN support a racetrack and has in the past; hell CTS runs ELEVEN classes averaging over 12 cars per class, but it has to be supported by someone that is well connected enough they can weather the BS that comes their way. Link to comment Share on other sites More sharing options...
rd9 Posted November 26, 2016 Report Share Posted November 26, 2016 It's hard to believe that someone doesn't have 25 acres that we could build a track on Link to comment Share on other sites More sharing options...
rebelracewriter Posted November 28, 2016 Report Share Posted November 28, 2016 The same thing happened with Texas Dirt.....worth more as a tax write-off(of course, eventually the land was sold, just not as a track)....JMHO Link to comment Share on other sites More sharing options...
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