Records 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?
These things take time to play out. IHRA would have to default on the lien and then Koretsky would have to get a court order to take back and it could go to court and drag on if new owner chose to contest. 2027 is to early to get all that done. The worst scenario would be for Darana to keep paying for it and turn it into warehouse space or a data center. Just because he quits the races doesn't mean he is out of business.
i couldn't believe the number of people blaming nhra in this whole thing. they couldn't understand moving the race when maple grove sold out to ihra and threw them under the bus.
i took my daughter to maryland. we had a terrific time and i already renewed for next year. maple grove is in our past. i hope the money the koretsky family made was worth it.
ihra is a joke. it was on fs1 this week and i felt like i was watching the baseball equivalent to independent league baseball. it felt less than affiliated baseball like when the indianapolis indians show up on the pittsburgh channel.
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