rebelracewriter Posted January 5, 2007 Report Share Posted January 5, 2007 JC, Ive commited to Doug that I'll give him all the help I can, whether promoting it around on other sites, coverage, or whatever I can. I'm sure if Mark can't make it, there's always Jeff or maybe I can a lady with camera to help me out. I'm sure they'd look and smell a lot better than Mark of Jeff. LMAO Rusty, I understand what you're saying. To me, it just seems like sponsorship $$$$ for anything to do with AUTO racing is difficult to come up with in this area. Now horses, no not you Crazy, that's another story. Ever see all the sponsors for the PRT or PBR tour? Hey check your PM's. Link to comment Share on other sites More sharing options...
mudpacker Posted January 6, 2007 Report Share Posted January 6, 2007 maybe next year this event could be held at the new .375 mile, 6 million dollar racetrack that is being built in Monroe Louisiana. Link to comment Share on other sites More sharing options...
hray Posted January 6, 2007 Report Share Posted January 6, 2007 Is it dirt or asphalt? Link to comment Share on other sites More sharing options...
mudpacker Posted January 6, 2007 Report Share Posted January 6, 2007 It is going to be an asphalt track. Monroe Motor Speedway Closes on Financing, Begins Planning Construction Set to Open in January 2008, the Race Track Will Bring Jobs, Attention and Entertainment Dollars to Monroe MONROE, La., Jan. 3 -- Auto racing, one of the country's fastest growing and most popular sports, will soon have a home in northern Louisiana thanks to the persistence and vision of racing enthusiast and local businessman Stewart Bashner. With the closing today of a $4.5 million investment from BizCapital in New Orleans, construction will begin this month as scheduled -- with the first races planned for early 2008. The Monroe Motor Speedway, the region's first paved auto racing facility, is designed to be a complete motorsports and entertainment destination for fans of all ages. Located on 55 acres in the Ouachita Parish, the speedway will feature a .375 mile paved oval short track and will accommodate up to 5,000 fans. The speedway will feature 45 weekends of racing a year and serve as a venue for a variety of events, including concerts and open-air markets. "Racing fans in northern Louisiana will no longer have to drive six or more hours to see top quality racing," Bashner said. "Instead of making the trip to Talladega or Memphis, they will soon be able to see some of the sport's most promising young drivers compete right here in Monroe. Once this speedway is complete, we have no doubt we will achieve our goal of becoming a NASCAR-sanctioned track." In addition to offering best-in-class short track racing, the Monroe Motor Speedway will include family friendly amenities such as a super-sized playground, an ice-cream parlor and a large game room. Alcohol and tobacco will be prohibited in certain areas of the grandstands, ensuring a clean and safe environment where the entire family can enjoy the racing events. "This new race track will have a significant economic impact on Monroe and the surrounding communities in the form of jobs, tourism dollars and increased tax revenue," said John M. Brocato, president of BizCapital. "Economic data and regional demographics show that Monroe provides an exceptionally favorable environment for auto racing. Despite a population of 4 million people, Louisiana is underserved by auto racing facilities. The new speedway will provide a much-needed form of family entertainment and make Monroe a destination for thousands of racing fans in the Tri-state area." BizCapital is providing financing for the new speedway through a small business lending fund established to provide financing for entrepreneurs in communities that qualify under the U.S. Treasury's New Markets Tax Credits Program. BizCapital's parent firm, Advantage Capital Partners of New Orleans, already has raised more than $100 million through the New Markets program. To qualify for investment from the fund, a company must fit the SBA definition of a small business for its particular industry and be located within a low- income census tract. Loans can range from $250,000 to $2 million for capital to build, rebuild or expand operations and facilities. In addition to the financing from BizCapital, the speedway will receive funding through an equity investment by Bashner and other owner/partners. The total cost of the speedway is estimated at $6.2 million. The speedway will be managed and marketed by a board of directors and management team that is highly skilled and experienced in all areas of the motorsports and entertainment businesses. In addition to Bashner, who will act as general manager, key consultants on the project include Don Naman, former director of the International Motorsports Hall of Fame; Andy Vertrees, CEO of the Iowa Speedway; Johnny Parsons Jr., retired Indy car driver and current media analyst; Bobby Allison, retired NASCAR driver and auto racing legend; Doyle Ford, retired flagman for NASCAR's Winston Cup Series (now known as the Nextel Cup); Herb Adcox, racing enthusiast; and Paxton Waters, designer of the California Speedway, Las Vegas Motor Speedway, Iowa Speedway, Naperville Test Track and others. Link to comment Share on other sites More sharing options...
ProTree Posted January 6, 2007 Report Share Posted January 6, 2007 rebelracewriter,LiveNations owns the PBR,sure that helps with sponsors along with all their other divisions,and they have alot. Link to comment Share on other sites More sharing options...
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