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Top Bidder Wants to Reopen Monroe Motor Speedway
(10/25/2011)
MONROE, La. (AP) -- The top bidder for Monroe Motor Speedway says he has owned everything from cold storage units to trailer parks. But Victor Scott of Rochester, Minn., says this is his family's first racetrack.
The News-Star reports (bit.ly/o9hP9p) that the longtime real estate developer and his son Randy met Sunday with more than 70 racing fans at the Monroe Civic Center. He said they'll get the track going.
Scott, of Scott Properties, made the $726,000 winning bid by telephone during an auction Tuesday. The deal is scheduled for closing Nov. 11.
Mayor Jamie Mayo says the Scotts are bringing a new day for the speedway.
It was built for about $6.3 million in 2008 but was plagued early by rain-outs and later by management turnover. Its last race was in June 2010.
This article posted by Revolution Park Racing & Entertainment Complex (fka Monroe Motor Speedway). Click here for more track information.
