Very slow lap of TWS video... but still very cool

[AI#97]

Just incase you do not know as of today it looks like TWS is going to go away. I was told yesterday that the owners will not take track rentals past June. The story is that they will start bulldozing the place right after the last event in June. Maybe a ploy to get it sold but as of right now June is it. MFW you know anything about this?

Track surface looks like shit. Look at all the tracks in the grass. That was the coolest part.


JJ

I chatted with Charles offline a few weeks ago and he indicated the money was off the table for any development at the track primarily due to the state of the oil economy as that is who most of the current investors were from. It's also my understanding someone could walk up with cash in hand and buy the track tomorrow, you just have to get the number and have the cash. There are several issues not yet resolved with the development most of which have to do with getting a secondary method of access out of the site to the north east which would have to envoke some imminent domain and build a major road up to an existing artery. We have all heard we are closing in June and bringing in dozer story before to get someone to panic. and write a check to take it off their hands. I personally think they are trying to get Charles to finally stroke the check to buy the place...or someone else who might be on the fence. I could be wrong but in my opinion, the track isn't going anywhere. The demand in town is for apartments and condos. I've been to too many P&z meetings lately feeling with that.....NOT houses.

[ShadowBolt]

I chatted with Charles offline a few weeks ago and he indicated the money was off the table for any development at the track primarily due to the state of the oil economy as that is who most of the current investors were from. It's also my understanding someone could walk up with cash in hand and buy the track tomorrow, you just have to get the number and have the cash. There are several issues not yet resolved with the development most of which have to do with getting a secondary method of access out of the site to the north east which would have to envoke some imminent domain and build a major road up to an existing artery. We have all heard we are closing in June and bringing in dozer story before to get someone to panic. and write a check to take it off their hands. I personally think they are trying to get Charles to finally stroke the check to buy the place...or someone else who might be on the fence. I could be wrong but in my opinion, the track isn't going anywhere. The demand in town is for apartments and condos. I've been to too many P&z meetings lately feeling with that.....NOT houses.

Everything you said sounds possible but I would hate to think I owned TWS with little chance of selling and no events scheduled after June. Maybe it's not that hard to fill it up but time keeps marching on.

Gary,
Sorry I screwed up your thread. Very cool video.


JJ

[Rob Liebbe]

You can see why the off-line is the faster line by looking at this video. You can see the main line "polish" when the drone shoots into the sun - turns 2-3, 8-9 and Larry-Moe-Curly.

[mach1]

You can see why the off-line is the faster line by looking at this video. You can see the main line "polish" when the drone shoots into the sun - turns 2-3, 8-9 and Larry-Moe-Curly.

Yeah, I usually cut through the dirt/grass for the fastest lap.

[AI#97]

Everything you said sounds possible but I would hate to think I owned TWS with little chance of selling and no events scheduled after June. Maybe it's not that hard to fill it up but time keeps marching on.

JJ

did you ever see a furniture store that had a going out of business sign ever actually stop selling furniture? I could be completely wrong, but being close to all this mess, I don't see much changing. Time will tell. Now if someone would like to give me about $7.5 million, I'll go buy the place and keep it open and pay you what I can!

[Pranav]

It's also my understanding someone could walk up with cash in hand and buy the track tomorrow, you just have to get the number and have the cash.

Surely $8-9M and a few more million to get the critical stuff fixed and maintain a short term operating loss isn't hard to get.

Maybe I need to make a flight back out to Brunei and convince the Sultan and his spend-thrift of a son that this is a good idea. They can ship over some of their multi-hundred car collection for safe keeping out at TWS. We could even keep a rolls royce parked out front running and attended 24/7 just for him and his entourage.

http://blog.dupontregistry.com/celeb...ar-collection/