My guess is that it is right. With the recent purchase of the facility and huge development/renovation costs, I'm not surprised by that price.
As CFR racers, we are spoiled by extremely low entry fees. The PTB have the ability to negotiate great deals with Sebring and Daytona largely due to the generosity of our corner workers-by staffing Pro races. (point there, thank a worker and donate a little $$ to the hotel room fund for these guys/gals. )
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