Nothing like having the freedom to "work with an alternate lender." I think that's what you say when you've been told by a potential lender to read our lips.... NO, a big FAT NO.... and don't come back.
Should we check in with Yogi to affirm that the fat lady has indeed sung?
Methinks it's high time NeXovation took the word "reality" out of its corporate description of gobbledygook:
I'm thinking these folks need to call in the crew from Brant Motorsports, already acknowledged experts for changing speedway construction and opening dates:
https://news.google.com/newspapers?nid=2002&dat=20010403&id=UMQiAAAAIBAJ&sjid=jLYFAAAAIBAJ&pg=1409,683719&hl=en
I can think of a lot I could do with $400,000 and none of my ideas involves sending it to Denis McGlynn.
OK, Chase... the first phone number connects to the leased horse stables at Cedars of Lebanon State Park. The owner of the second is located in Maryville.
Project "X" will be a bonanza for the bankers and lawyers.
This June 15, 2015 story excerpt from The Tennessean may provide a clue:
But until then, he said, there will be cash on hand from the partners. He did acknowledge, though, that NeXovation which has a website showing an array of divisions, products and services has not actually begun selling any products, and has no income yet.
If the project does get off the ground and is namedNeXovationSpeedway, it seems a natural for the new NASCARX-CupSeries!
What I'd really like to see would be for Tennessee boy, Jeff Gilder to enter a NeXusFuel Products car in an Xfinity Series race at NeXovation Speedway in his home state!
Came across this story by the late Shav Glick in the Los Angeles Times archives while looking for stories on Mesa Marin Raceway in Bakersfield, California.
This might not have been the saddest day ever for weekly racing, but it sure brought the wolves to the door.
October 13, 1999
SHAV GLICK
TIMES STAFF WRITER
The NASCAR Winston Racing Series, backbone of stock car racing programs at more than 100 short tracks nationally, including four in Southern California, will lose its lucrative support next year.
The R.J. Reynolds Tobacco Co. announced Tuesday it is ending its 26-year sponsorship because in some areas 16- and 17-year-old drivers were allowed to compete. The move, it said, was to comply with the "letter and the spirit" of the tobacco industry's legal settlement. This decision will not affect sponsorship of the NASCAR Winston Cup and Winston West series.
Benefiting from the $1.4-million Winston Racing Series championship fund have been Irwindale Speedway, Orange Show Speedway in San Bernardino, Cajon Speedway in El Cajon and Mesa Marin Raceway in Bakersfield.
"RJR and its Winston brand would have liked to continue this portion of our NASCAR sponsorship, but we have reached the conclusion that the NASCAR Winston Racing Series was unlikely to fulfill the requirement of the master settlement agreement due to long-standing rules regarding driver eligibility," said Rick Sanders, president of RJR's Sports Marketing Enterprises.
Under the tobacco industry's $246-billion settlement of lawsuits filed by 46 states, cigarette companies are banned from sponsoring events with participants under age 18.
"We don't expect this to have any immediate effect on our track," said Bob DeFazio, Irwindale Speedway general manager. "We have been assured by NASCAR that they will continue with their short track program. We look forward to continuing that relationship."
Drivers under 18 are permitted to drive at local tracks with parental consent.
Mike Helton, senior vice president of NASCAR, said his organization will continue its short-track program.
"This important part of NASCAR will continue, and we are excited about the future of our national short-track series," Helton said.
A number of would-be sponsors have been suggested as replacements for RJR, but Helton would not speculate on a successor.
The next major shift in tobacco-motor racing relationships will occur before 2001, at which time tobacco companies will be allowed to sponsor only one sporting event, or series, a year under terms of the industry's legal settlement. In the past, a company could sponsor as many as it chose.
This will mean the end of Winston's sponsoring of either NASCAR stock car races or the National Hot Rod Assn.'s Winston Drag Racing series.
Bobby, just so "newbies" don't think I make up some of this stuff, here's an excerpt from the Associated Press story on the last Richmond Friday night Busch Series event I was involved with, in September 1999, when Dale, Jr. beat Mark Martin. Check the race attendance:
Of course, back then the track also had a real PROMOTER , Paul Sawyer , who the fans loved and the drivers respected and came out in droves to race for.
