All the city and Jayhawk Racing are doing now is delaying the inevitable. Jayhawk can't pay their bills, they can't get the city to give them the cash, and there are no bidders (or so it seems) that will step up and pay for Jayhawks debts a dollar of a dollar. So, let it go into foreclosure, and let the highest bidder take it. If it is a non-racing entity, well, sad to see that, but, that means nobody that is the racing industry sees value in it. And that lack of interest should be a warning sign to the city council. If it were valuable, they would be lined up to acquire it.
Add to that the City Council taking bids from someone who is being sued for fraud, and it is obvious they are just letting anyone float offers up to keep interest alive for a court ruling for a stay. Nobody is coming with piles of cash. They just aren't.
I have this bad feeling that somebody in the city council is in bed with Irwin on some land or business deals, and in the end, it is going to make racing look bad if millions are paid to Irwin to continue to run a place that keeps on going broke with tax payer money. Star Bonds, legislature, state in dire financial state, this is just a public relations nightmare at this point.
Best thing would be for Irwin to let it go and the bank to sell it for what they can get for it. If it goes as a racing facility, racers win. If not, it is solely on Irwin's shoulders that it failed after 1 bailout. A 2nd one is not warranted. As bad as it can be, there really isn't any other option for the land, so in time, maybe it will re-open.
NHRA, if they choose to, should bid, but not be expected to uphold a contract with the city once it goes into foreclosure. They, of all entities like soda, food and beer vendors, are not to blame in this. They are simply a supplier of a product.
I don't even see them racing a national event there this year unless some deep pockets somehow takes the place over. Let alone divisional and weekly shows. Sad to say, but I think it's over. A broke man (Irwin) trying to keep a place alive that he couldn't keep alive before is a losing argument.
Add to that the City Council taking bids from someone who is being sued for fraud, and it is obvious they are just letting anyone float offers up to keep interest alive for a court ruling for a stay. Nobody is coming with piles of cash. They just aren't.
I have this bad feeling that somebody in the city council is in bed with Irwin on some land or business deals, and in the end, it is going to make racing look bad if millions are paid to Irwin to continue to run a place that keeps on going broke with tax payer money. Star Bonds, legislature, state in dire financial state, this is just a public relations nightmare at this point.
Best thing would be for Irwin to let it go and the bank to sell it for what they can get for it. If it goes as a racing facility, racers win. If not, it is solely on Irwin's shoulders that it failed after 1 bailout. A 2nd one is not warranted. As bad as it can be, there really isn't any other option for the land, so in time, maybe it will re-open.
NHRA, if they choose to, should bid, but not be expected to uphold a contract with the city once it goes into foreclosure. They, of all entities like soda, food and beer vendors, are not to blame in this. They are simply a supplier of a product.
I don't even see them racing a national event there this year unless some deep pockets somehow takes the place over. Let alone divisional and weekly shows. Sad to say, but I think it's over. A broke man (Irwin) trying to keep a place alive that he couldn't keep alive before is a losing argument.
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