Highrock Race track - Sailsbury NC
06-19-2009, 12:21 PM
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Location: Raleigh / Rolesville NC
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Highrock Race track - Sailsbury NC
Not going to well . . . .
"May 13, 2009: Spencer aldermen approve a development agreement concerning the race track that covers a 20-year working agreement for the track and other proposed residential and commercial development. The agreement is with High Rock Raceway and TMS Inc., a New York City-based company that Risdon says will take over development and provide funding.
June 11, 2009: Risdon is ousted from the project with longtime partner Frank McGuire and his daughter, Ellen McGuire, now in charge.
June 16, 2009: In an e-mail to the Post, Risdon says he hopes the remaining partners can make a go of the track, but that "the basic problem we have had is that the funding is not there." It's a reversal of Risdon's repeated assurances over the years that funding for the project is in place or forthcoming.
In a follow-up e-mail the same day, Risdon says he was assured by TMS that funding would be provided, but it didn't happen.
"I finally figured out that I had been had," Risdon wrote. "
http://www.salisburypost.com/Area/06...ceway-timeline
"May 13, 2009: Spencer aldermen approve a development agreement concerning the race track that covers a 20-year working agreement for the track and other proposed residential and commercial development. The agreement is with High Rock Raceway and TMS Inc., a New York City-based company that Risdon says will take over development and provide funding.
June 11, 2009: Risdon is ousted from the project with longtime partner Frank McGuire and his daughter, Ellen McGuire, now in charge.
June 16, 2009: In an e-mail to the Post, Risdon says he hopes the remaining partners can make a go of the track, but that "the basic problem we have had is that the funding is not there." It's a reversal of Risdon's repeated assurances over the years that funding for the project is in place or forthcoming.
In a follow-up e-mail the same day, Risdon says he was assured by TMS that funding would be provided, but it didn't happen.
"I finally figured out that I had been had," Risdon wrote. "
http://www.salisburypost.com/Area/06...ceway-timeline
06-19-2009, 12:39 PM
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Member Since: Apr 2009
Location: Mechanicsburg PA
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Ugh. Been waiting for Liberty Bell Motorsports Park to start construction now for 2 years. Last update says construction starts in 09 and opening in 2010.
Well, guess I shouldn't bitch.....if I had an EXTRA couple of mil, I'd throw it in
http://www.libertybellmp.com/community.html
Don
Well, guess I shouldn't bitch.....if I had an EXTRA couple of mil, I'd throw it in
http://www.libertybellmp.com/community.html
Don
