milan dragway bites the dust

Racers Hangout

  1. gooser

    gooser Well-Known Member

    Messages:
    177
    Likes Received:
    201
    Joined:
    Jan 27, 2018
    Location:
    waterford mi
    Local Time:
    12:49 AM
    milan is closed maybe forever
     
    • Like Like x 1
    • Disagree Disagree x 1
    • 3sloppydogs

      3sloppydogs Well-Known Member

      Messages:
      139
      Likes Received:
      292
      Joined:
      Jul 19, 2019
      Location:
      carroll county MD.
      Local Time:
      12:49 AM
      Darn shame
      Some years back our local track closed due to a couple things. It was 75-80 Dragway. They were going to put houses on the land but the neighbors raised such a stink it got voted down. Now it sits there, empty and in disrepair.
      At one time it was voted 1 of the 10 best because you could get so close to the action and have grills and the like.
      I went up and took some pics after it closed.
      Wish it would reopen but I doubt it
       
      • Like Like x 1
      • F4R/T

        F4R/T Well-Known Member

        Messages:
        1,249
        Likes Received:
        1611
        Joined:
        Jun 17, 2020
        Location:
        Illinois
        Local Time:
        11:49 PM
        Sad sad sad another gone forever... you know it won’t come around again.
         
        • Like Like x 1
        • 66ChargerHI-PO

          66ChargerHI-PO FBBO Gold Member FBBO Gold Member

          Messages:
          1,970
          Likes Received:
          3265
          Joined:
          Mar 15, 2019
          Location:
          Berlin, CT
          Local Time:
          12:49 AM
          What?! Another one, oh damn. This is the 2nd or 3rd one I heard now since Raceway Park in NJ. :(
           
          • Agree Agree x 2
          • Like Like x 1
          • ruffcut

            ruffcut FBBO Gold Member FBBO Gold Member

            Messages:
            514
            Likes Received:
            694
            Joined:
            Dec 26, 2016
            Location:
            northwestern pa
            Local Time:
            12:49 AM
            Not a good sign of the times! ruffcut
             
            • Agree Agree x 4
            • Like Like x 1
            • F4R/T

              F4R/T Well-Known Member

              Messages:
              1,249
              Likes Received:
              1611
              Joined:
              Jun 17, 2020
              Location:
              Illinois
              Local Time:
              11:49 PM
              One by one we will have no place to go but they can put golf courses there in place with big fancy homes too.. more tax revenue! Oh and some section 8 for all the new folks coming in .
              :eek::eek::soapbox:
               
              • Agree Agree x 4
              • Like Like x 1
              • dvw

                dvw Well-Known Member

                Messages:
                5,661
                Likes Received:
                8190
                Joined:
                Feb 16, 2010
                Location:
                waterford mi
                Local Time:
                12:49 AM
                I'd bet it reopens. They pawned it and lost it to the receiver for lack of payment. Next court case is this Friday. There are prospective buyers ready to purchase. To me that is a rural area. 7 miles to the closest town (Milan). Useless to farm. No fancy homes in that area. It has new pavement, recent concrete rails and a revised timing system. It does need some upgrades for bathrooms , concessions, etc. Car counts are usually good. What it really needs is a top notch management team. We'll see, but I bet it'll be back open sooner than you think.
                Doug
                Here's the scoop
                It has folded. Judge placed it in receivership. Pawn shop and IHRA both claimed they had buyers in the wing. Kapolka tried to claim the property outside the gate shouldn't be included in the sale. The judge ruled against that as well. Kapolka tried to name his own realtor as the receiver, Judge spiked that. Everything is on the auction block. The hearing on the 9th is just to give all parties a chance to oppose the receiver. Kapolkas attorney first claimed they couldn't afford to open next month without a cash infusion of "hundreds of thousands of dollars" but a few minutes later, claimed " they needed to be allowed to open this year, to raise the funds to fix up the property to a point it could be sold" The judge was not amused. Both IHRA and Pawn Shop claimed they have cash buyers that will buy the property as is. Hopefully it stays a track.....They had been removing stuff from the track all week, so this isn't a big surprise.
                 
                • Like Like x 3
                • Thanks! Thanks! x 3
                • F4R/T

                  F4R/T Well-Known Member

                  Messages:
                  1,249
                  Likes Received:
                  1611
                  Joined:
                  Jun 17, 2020
                  Location:
                  Illinois
                  Local Time:
                  11:49 PM
                  I hope your right honestly that someone will do something with instead of dozing it over . I’d rather be told I’m wrong then see it go . History can not be undone or cancelled if it happened your too late to undo it! You’ll look like a fool trying to hide it IMO.
                   
                  • Like Like x 1
                  • Endangered Species

                    Endangered Species Well-Known Member

                    Messages:
                    1,625
                    Likes Received:
                    1010
                    Joined:
                    Jul 6, 2010
                    Location:
                    NW Pa.
                    Local Time:
                    12:49 AM
                    Who the hell would pawn a race track and actually think it would end well? :screwy:
                    Hell, he might as well have taking a loan out with Sam Giancana :popcorn2:

                    All joking aside, I really hope it remains a track.... You know, Bill Bader said in that interview I posted a few weeks ago, that every time we lose a track, we lose racers.
                     
                    • Agree Agree x 3
                    • Like Like x 1
                    • furyus

                      furyus Well-Known Member

                      Messages:
                      1,470
                      Likes Received:
                      852
                      Joined:
                      Jan 5, 2010
                      Location:
                      weeki wachee, florida
                      Local Time:
                      12:49 AM
                      I loved going there. Beautiful. The track was cool, but very run down. I also remember the dip in the right lane.
                      The track is still being used by Motor Week. Watch it on Motor Trend.
                       
                      • Like Like x 1
                      • Thanks! Thanks! x 1
                      • Dave6T4

                        Dave6T4 Well-Known Member

                        Messages:
                        612
                        Likes Received:
                        721
                        Joined:
                        Dec 31, 2020
                        Location:
                        Ontario, Canada
                        Local Time:
                        12:49 AM
                        On another note, new owners are spending $$$ improving drag strip at Sparta, near St. Thomas, Ontario. Same people own the track at Grand Bend, Ontario. Sparta is home track for our Mopar club, Western Ontario Mopar Owners (WOMO). I remember that Doug Wright and some other nostalgia super stock guys from U.S.A. came up and raced one year at our annual club meet. The knob that managed the track at the time treated these guys poorly, and thoroughly embarrassed our club. That jerk is no longer in the picture, and our group would be honoured if some of these racers could return some time.
                         
                        • Like Like x 1
                        • dvw

                          dvw Well-Known Member

                          Messages:
                          5,661
                          Likes Received:
                          8190
                          Joined:
                          Feb 16, 2010
                          Location:
                          waterford mi
                          Local Time:
                          12:49 AM
                          Id be willing to run in Canada once the borders open back up. Had good times there.
                          Doug
                           
                          • Like Like x 2
                          • Dave6T4

                            Dave6T4 Well-Known Member

                            Messages:
                            612
                            Likes Received:
                            721
                            Joined:
                            Dec 31, 2020
                            Location:
                            Ontario, Canada
                            Local Time:
                            12:49 AM
                            That is good to hear, Doug. I think that was the year we had Arlen Vanke there as well. Also had big car show/cruise night in St. Thomas.
                             
                            • Like Like x 1
                            • Budnicks

                              Budnicks You Can Just Thank Me Later FBBO Gold Member

                              Messages:
                              54,684
                              Likes Received:
                              60839
                              Joined:
                              Jan 16, 2011
                              Location:
                              NorCal Sierras
                              Local Time:
                              9:49 PM
                              Well I was saddened to read that Milan
                              was closing or is closed

                              I hope for your guys' sake it is sold & allowed to reopen

                              would be a damn shame to lose it

                              I know all too well how it is to lose local (in-state) racetracks
                              we use to have like 26-28 here, just in my lifetime, there were probably more
                              we have still Redding (? I think),
                              Sacramento (for how much longer ? for sale, urban sprawl encroaching),
                              Sears Point/Infinion (getting encroached on too), maybe Romona
                              Bakersfield/Famoso, Pomona, Irwindale (newish), Fontana (newish)
                              all closed (or were) due to China Wuhan Flu crap

                              I hope they can weather the storm too
                              when they are allowed to be open, freaken' asshole govn.
                               
                              Last edited: Apr 10, 2021
                            • dvw

                              dvw Well-Known Member

                              Messages:
                              5,661
                              Likes Received:
                              8190
                              Joined:
                              Feb 16, 2010
                              Location:
                              waterford mi
                              Local Time:
                              12:49 AM
                              It was. I won that weekend as well.
                              Doug
                               
                              • Like Like x 3
                              • 6PKRTSE

                                6PKRTSE Well-Known Member

                                Messages:
                                1,930
                                Likes Received:
                                2756
                                Joined:
                                Nov 15, 2010
                                Location:
                                Motor City
                                Local Time:
                                11:49 PM
                                Yes, pretty bummed. My home track. Even though they treated everyone like shit, racers or not. Their amount of down times were incredible even with no wrecks. I still went and just avoided their politics.
                                 
                                • Agree Agree x 2
                                • Like Like x 1
                                • dvw

                                  dvw Well-Known Member

                                  Messages:
                                  5,661
                                  Likes Received:
                                  8190
                                  Joined:
                                  Feb 16, 2010
                                  Location:
                                  waterford mi
                                  Local Time:
                                  12:49 AM
                                  Court day #2 was Friday. 7 lawyers there representing various factions. It came out that Milan has aprox $2,450,000 of secured debt to 3 creditors. Also additional unspecified unsecured debt. Along with the $350,000 pawn. The judge appointed a lawyer as the receiver. That's all I could find so far.
                                  Doug
                                   
                                  Last edited: Apr 12, 2021
                                  • Thanks! Thanks! x 1
                                  • Ron H

                                    Ron H FBBO Gold Member FBBO Gold Member

                                    Messages:
                                    4,513
                                    Likes Received:
                                    4745
                                    Joined:
                                    Feb 29, 2016
                                    Location:
                                    WI
                                    Local Time:
                                    11:49 PM
                                    Sad to hear, this began decades ago with subdivision sprawl - hell even a few golf courses have been razed for homes, and a 36 hole course not far from me is being taken out for...yep, more homes. Some years ago, a circle track was taken out cuz the area residents who built their homes around it didn't want the noise. A farmer friend who's land surrounding his was sold off for...yep subdivisions...get's all sorts of complaints about the smell. Hmm...well some folks wanted move out to the country? The outdoor movie theaters in my area were torn down some years ago...aha...more homes and a huge shopping center. That's...progress.
                                     
                                    • Agree Agree x 1
                                    • Endangered Species

                                      Endangered Species Well-Known Member

                                      Messages:
                                      1,625
                                      Likes Received:
                                      1010
                                      Joined:
                                      Jul 6, 2010
                                      Location:
                                      NW Pa.
                                      Local Time:
                                      12:49 AM
                                      Thanks for the update Doug.

                                      I wonder how this is going to work?
                                      I mean if they have 3 1/2 mil secured loan out on the place that means the bank would have the UCC filing on the place, (they get first dibs).
                                      So how can Gold get take control for a 350k pawn loan? I wonder if that's why he went to a pawn broker in the first place? If the original Bank has the UCC's on the property then another bank is not going to loan money against something they are second in line to get if the debtor defaults.

                                      I'm not a smart man....but this sounds like a real mess.
                                      Guess we'll wait and see. :popcorn2: And hope for the best!
                                       
                                      • Agree Agree x 1
                                      • dvw

                                        dvw Well-Known Member

                                        Messages:
                                        5,661
                                        Likes Received:
                                        8190
                                        Joined:
                                        Feb 16, 2010
                                        Location:
                                        waterford mi
                                        Local Time:
                                        12:49 AM
                                        My son dug into Milan more this morning (on a real computer lol) 9/2 is the next court date and it is a Pre-trial conference, that sounds like they could not come to an arraignment and it will continue through the conservator process likely resulting in a sale. There are 24 parties in the case!
                                        Doug
                                         
                                        • Thanks! Thanks! x 1
                                        1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
                                          By continuing to use this site, you are consenting to our use of cookies.