Memphis, TN- After nearly one year of being shut down, Memphis Motorsports Park in Millington, TN could be reopening their doors. Kevin Kane, president and CEO of the Memphis Convention and Visitors Bureau, says that there is potential buyer for the facility. He would not identify the potential buyer but did say the buyer owns other racing facilities.
MMP, which has a quarter-mile drag strip and a three-quarter mile oval, would draw in a 30,000- plus crowd on races weekend, more than half of them coming from out of town, to the point they were staying in hotels all over the community. The track had a whopping 150 events at the track between NASCAR Nationwide Series, NASCAR Camping World Truck Series and NHRA.
“That’s what I was encouraged about, if it happens. My fear from the beginning of this was a non racing entity would end up buying the assets and just piecing them off and doing something totally different with the footprint, which would be very fortunate for the entire region.” Kane said. "They probably felt it more in Millington than we did in downtown Memphis."
Kane told the potential buyer that the racing support was strong before the economy declined and he believes if the track reopened the racing support would return. "I felt really optimistic. They were hoping they could make something happen here." Kane said.
Andy Cates, agent for Collier International, would not comment on the potential but had this to say, " We have had a ton of interest, more than i ever expected when we first took on the listing." The property was listed by a commercial real real estate firm called Collier International in April for $6 million.
The facility announced its closure on October 30, 2009, after the plan for Gulf Coast Entertainment to buy the track went under. So when is the track going to reopen? Who is the potential buyer of the facility? Hopefully, soon there will be answers to those questions and more when news becomes available.