HORSEPOWER Posted April 2, 2003 Report Share Posted April 2, 2003 Ted Carlson sold Lakeside Speedway in Kansas. A couple of years ago he sold I-70 Speedway, is San Antonio Speedway next? I wonder what would be the price! Link to comment Share on other sites More sharing options...
NickHolt Posted April 2, 2003 Report Share Posted April 2, 2003 Horsepower, You plan on buying SAS? That place has always had the potential to be a gold mine. Nick Holt Link to comment Share on other sites More sharing options...
HORSEPOWER Posted April 2, 2003 Author Report Share Posted April 2, 2003 If it is on the market, hopefully someone can step up to the plate and buy it and concentrate on upgrading the facility. If I had the resources, just like anyone else on this board wish they had, I'm sure they know it is a potential gold mine and they would put their money into it. How much do you think it is worth on the market? Link to comment Share on other sites More sharing options...
FryarFan Posted April 2, 2003 Report Share Posted April 2, 2003 Speculation and dreaming is oh so much fun!!! Especially when you're spending somebody else's dinero!! Wouldn't SAS only be a purchase of the equipment and the lease?? Don't the Reah's(or the family) still own the real estate portion and are just leasing use of the property?? Or did Carlson buy the propery when he purchased it?? Link to comment Share on other sites More sharing options...
NickHolt Posted April 2, 2003 Report Share Posted April 2, 2003 Horsepower and Fryar Fan, The SAS property is leased property. The orginal lease was for 100 years, but I understand that each new owner has to make their own arrangements with the family that owns the property. The purchaser would be buying the business, buildings and equipment. Rumor has it that the last time the track sold the figure was $250,000. I'm not certain that Mr. Carlson is ready to sell SAS at this point. But as my uncle used to say, "There ain't nothing I own or married that I wouldn't sell if the price were right." Nick Holt Link to comment Share on other sites More sharing options...
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