Archive for the ‘Racing News’ Category

After being struck with the blow that its long time partner Penske Racing announced that they would be teaming up with Ford next season, SRT division head, Ralph Gilles, scheduled a news conference where he is expected to announce that Dodge will be leaving NASCAR at the end of the 2012 season. Read more …

As we reported back in the end of February this year, a San Bernardino Superior Court Judge ordered the Fontana Drag Strip closed pending a new Environmental Impact Report being prepared and that report passing muster with the court. Read more …

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 …