Bump-Draft Blog Index
November 02, 2007
NHIS is sold for $340 million cash

NHIS logo.jpg

It's official, the new owner of New Hampshire International Speedway is Bruton Smith, CEO and Chairman of Speedway Motorsports Inc., which now owns seven tracks: Atlanta Motor Speedway, Texas Motor Speedway, Infineon Raceway, Lowe’s Motor Speedway in Concord, N.C., Las Vegas Motor Speedway, Bristol and now NHIS.

Among others that were interested in purchasing NHIS were Jack Roush and Roger Penske.

Smith was in New Hampshire last week to seal the deal with Bob Bahre. The acquisition will close in the first quarter of 2008. In the teleconference held at 12:30 EDT at Texas Motor Speedway, he was asked if he was going to take a race away from NHIS to secure a second race at Atlanta Motor Speedway. As of right now, he has no plans to move dates of the races, though he was vague about answering this question.

He also said New Englanders shouldn't be nervous. His main goal is to make the track better and more fan friendly.

I will download the complete transcript later today when it's available - probably around 5:30.

More to come later.

Posted at 01:26 PM

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Comments

NHIS is safe for two through 2008. After that, wouldn't surprise me if Bruton takes away one race.

Posted by racefan
November 2, 2007 02:28 PM

I say if they take away a race,we burn the place to the ground and boycott Brunton run establishments.Fight the power,down with the man,Fight the power.

Posted by Jacko
November 2, 2007 10:46 PM

Yes burn it to the ground. Burn it like the witches of old.

Posted by Sal
November 4, 2007 05:57 AM

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Jennifer is the newsroom
administrative assistant and executive
assistant to the editor for the Portland Press Herald/Maine Sunday Telegram. She is married, lives in Pownal with her husband and son, and has been following NASCAR for many years.

About this blog:
I am hopeful that this will be a place where people can air their two cents' worth about a race, catch up on the gossip and share their opinions on the rules and regulations of NASCAR. I have always felt that there has been a need for such a place in Maine and that this blog helps to fill the void.



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