Nitro Bass!
Nitro Member
From what I have heard from friends in the area is Koretsky got an offer he could not refuse. As Alan said, business is business
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hmmm, almost sounds like an impulse buy.From what I have heard from friends in the area is Koretsky got an offer he could not refuse. As Alan said, business is business
It was a lease to own agreement if they miss a payment they lose itRecords show that the mortgage on Maple Grove is held by KPK of Berks LLC. KPK is owned by the Korestsky family. So, even though IHRA purchased the track, the Koretsky family holds the mortgage. Would it go back to them if IHRA defaults on the loan?
Its the mustache.Alan, for some reason when I read this, I heard DOC HOLLIDAY speaking.![]()
Interesting because IHRA wasnt contracted with FS1.ihra is a joke. it was on fs1 this week
Too many impulse buy's.hmmm, almost sounds like an impulse buy.
If its paid in full is what i meantI'll take that bet. How much?
Alan
What about 2020 when they didn't hold a national event?This would of been 39th straight years for Nitro at Maple Grove for me. Since Darrell can't steer the ship in the right direction.... I'm on year 20 and counting for Norwalk, guess that's my new home. The least he can do is change the name back to MAPLE GROVE RACEWAY.
So you're backing out. Got it.If its paid in full is what i meant
I was never in,esp with you. Go have another beerSo you're backing out. Got it.
How many tracks over the years have been sold, then when the new owner couldn't make it work bought back at a discount?
Atlanta Dragway ring a bell? MIR?
Alan
Well that's not hard to figure out. There are a lot of racers, in many categories, that built their 2026 programs around the IHRA series, representing a big investment in time, money, and scheduling to race in that deal. So no matter what the reasons, and what next year may bring, at the moment it's a huge disappointment. I was really thinking the series was getting traction after the last race, as the racing was great and there were actually a decent amount of fans that showed up.I am truly hoping the IHRA gets things in order and continues to operate and achieve their goals, but...why are so many people getting their panties in a wad over this...just a few short years ago (3 ish) the IHRA was a non player and nobody was piss'n and moaning then.
Highly unlikely they will find a buyer who can pay the ones owed money. The TC racers alone are owed close to 2 million total. Adding in everybody else involved it probably pushes close or ever 3 million. Larry Jeffers is still owed 500k from Daryl’s purchase of the IHRA.Hmm. Would indicate that Cuttell found a buyer for IHRA, but that it’s just not Freeman.
I would imagine it would be a nightmare with all the outstanding financial obligations and property purchases that are in limbo.