Friday September 25th MAPLE GROVE RACEWAY UPDATE! (6 Viewers)

[NitroRichFire]

Hoping the NHRA returns to Maple Grove Raceway in the very near future.

 

[Rasn1320]

Hoping the NHRA returns to Maple Grove Raceway in the very near future.

Local rumors saying 2028

 

[Butch]

So financial I wonder how the track made out. I'd say not good

 

[J. S.]

So financial I wonder how the track made out. I'd say not good

Maybe there was some sort of non-refundable down payment, so perhaps they came out OK?

 

[Ponyhntr]

Maybe there was some sort of non-refundable down payment, so perhaps they came out OK?

This.

 

[Mike]

Maybe there was some sort of non-refundable down payment, so perhaps they came out OK?

When you buy a house or a car or anything on payments, if the buyer defaults the buyer doesnt get the money back that they already paid.

 

[GumbyWVU]

When you buy a house or a car or anything on payments, if the buyer defaults the buyer doesnt get the money back that they already paid.

Right....that's a very typical clause on land sale contract defaults.

 

[z28]

Right....that's a very typical clause on land sale contract defaults.

I doubt anyone would sell an asset and then hold the money in case the buyer defaults on the loan. The guarantee is that the money is the sellers unless some kind of fraud took place.