Finally, I'm extremely confident that this announcement is PURELY coincidental to the successful advancement of Palmer Motorsports Park - about an hour's drive away and probably a LOT easier to get to from Boston and even New York City - recently beginning to accept inquiries from capital investors from within the same demographics. One big difference here is, of course, PMP is not asking for a "revert-back-to-the-owner 50-year lease" with guaranteed ZERO chance of any return on investment; "join" LRP's club and that money is pissed away, dead, long gone, never to be seen again. PMP, on the other hand, is looking for investors interested in ownership of a track with a very realistic potential for greater-than-normal return, reasonably minimal risk of capital, plus all the perqs of truly being a partial owner in a motorsports facility (which likely includes more than 60 days of track time).
Sorry, LRP. You had your 50 years of opportunity and you squandered it. You watched other facilities across the country (for over 20 years now) be borne and grow using the "business model" you just "figured out" and you wasted those opportunities. You ignored your customers as they tried to tell you things weren't as rosey long-term as you thought.
Now you're seeing something viable showing up in your backyard, and suddenly you've found religion? Kinda "Day Late and Dollar Short", ain't it?
Nah, I'm not cynical. Good luck with The Club thing, though... - GA
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