Archive for March, 2012

As we reported back in February, Irwindale Speedway closed its doors, turned out its lights, and the following day promptly filed for bankruptcy protection listing over $330,000 in debts. The debtor, Irwindale Speedway, LLC, was holding onto long term lease on the property that wasn’t set to expire until 2029, which prevented the property owner from just simply walking in and taking over. After the bankruptcy filing though, Nu-Way Industries, the property owner, sought to terminate the lease and retake possession of the property, and on March 23, 2012, the bankruptcy trustee put Nu-Way Industries back in lawful possession of the property. Read more …

The Director of Marketing for Chevrolet recently let fly a letter to dealers nationwide, that the shipments for the long awaited 2012 supercharged ZL1 Camaro have been halted until further notice. Any ZL1 already manufactured will be held back for “quality assessment” and the dealer’s ability to place orders for the ZL1 have been placed on hold as well. Read more …

In another huge growth spurt, West Coast Challengers saw its member base increase dramatically over the month of February and in the process set a new club record for new membership applications. The previous record, set back in October 2011, saw club membership rise some 30% overall. Read more …