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Admission for PPMS
37 replies to this topic
Posted 04 October 2017 - 06:12 AM
The problem with PPMS has always been that there's never enough good cars there to put on a really good race. Miley, ferree, norris, and barbara are all threats to win, but they are rarely all there on the same night. That won't be an issue this weekend. Anybody who is in the feature will have a shot at winning. It's well worth the $50 to see a Lucas Oil field on one of the widest, raciest surfaces in the Ohio Valley. Plus the Pro Stocks and Crates always put on a great show too. With the nice weather this weekend the place should be at capacity.
Posted 04 October 2017 - 10:11 AM
What I meant was...as opposed to any other LM feature there where 80% of the field has no chance of winning.
Posted 04 October 2017 - 11:53 AM
Mr. Grimm asked what is the time table.
Mr. Schaefer explained they are three weeks away from underwriting. Approval will take
an additional two to three weeks, then they will start the permitting process.
Mr. Schaefer and Mr. Yuhas further explained the property is under contract and will
close after the racing season, they are managing partners that will lease space to
organizations, and are a for-profit company.
There were no other comments from the floor.
Mr. Morosetti announced that the Board has up to 45 days to render their decision.
Looks like it is official! Days remain for the track to be a track.
Posted 04 October 2017 - 01:09 PM
I dont believe anyone has POSTED stuff straight from thew township board meeting.
Posted 04 October 2017 - 01:11 PM
Heck I'll spring for the $50 just to say I was at the last race at PPMS. Might have been at the last 410 Sprint race recently at Mercer so why not PPMS too.
Posted 04 October 2017 - 01:36 PM
It still doesn't mean anything. They are making a lot of claims about a piece of property that they do not own. Where is the document that says they now own all of the racetrack property? Until that can be produced notes from a Township Meeting mean nothing. Remember, they reported on the news that the track wouldn't be open this year too. Also keep in mind that the facilities were originally going to be built on property adjacent to the track and the track wasn't going to be effected.
Edited by GEARHEAD, 04 October 2017 - 01:38 PM.
Posted 04 October 2017 - 02:46 PM
Why does the property have to sell to be used for something other then a race track?
Says "they are managing partners" and are asking for zoning changes. That's all. It says nothing about who the other partners may be. Other partners may be.
Posted 04 October 2017 - 04:20 PM
"The problem with PPMS has always been"
Should start a new topic with that subject line!
Posted 04 October 2017 - 05:54 PM
careful..thread like that could crash whats left of this here antique message board .. lol
Posted 05 October 2017 - 09:19 AM
This is no different than the process to buy a house. SWGR has a sales agreement in place. The financing and underwriting of the loan is in process. Next comes closing. Then they'll apply for permits based off the zoning of the land. Youth teams have already signed up for 5 year contracts. There's a difference of not believing rumors and not WANTING to believe what is going on. Ppms is done. Enjoy the weekend because this is it.
Posted 05 October 2017 - 10:10 AM
You're missing the point...the property was originally supposed to be subdivided and the SWGR facility was supposed to be on the land outside of turns 1 and 2. They don't need all 300 acres for a sports complex.
Posted 05 October 2017 - 11:24 AM
Mr. Doddato asked for further information on the SWGR proposed development.
Mr. Yuhas explained the conceptual plan has indoor recreation areas including a full- sized football field, 300M track, multi-purpose sports fields, a general fitness area, outdoor recreation fields, and leased space for restaurants.
You think all that is fitting outside turns 1 and 2?
Posted 05 October 2017 - 11:57 AM
There is no point unless were told about it and none of us can determine what others needs are. Heck I have problems determining my own needs let alone someone else's. Come to think of it I'm sure I'm a lot better determining somehow elses needs and telling them about their problems, then my own. ...
The track land may end up getting leased, not sold. We don't know and will never know anything about the deal unless it's sold.
My only concern is if it's leased the track may be torn down and if for some reason the deal fails and the lease expires, then their stuck with land only plus maybe a few improvements. And the possibility of ever having a track there is gone with the failed lease which was not followed through with or not completed.
It would be the first time something new has failed, sat for awhile and then taken over for cheap by someone else because the owners lost the lands primary business.
I hope for the current owners sake they have all the possibilities taken care of and are not jumping at a few bucks in hopes of buckets of money in the future. If that's the case there betting the house on a stacked deck of cards. Cards which may fall at the slightest breeze or be dealt in someone else,s favor.
They took care of the track for us fans for years, no matter how we like how they did anything. Best we can and should do now is wish them the best. None of us has a nickel in it. We paid for our fun and if it's gone we can move on to new fun.
Edited by dirtstudent2, 05 October 2017 - 12:02 PM.
Posted 05 October 2017 - 01:12 PM
DS2, I believe your reading into this more than it states. Legal stuff states what it means...not to be interpreted.
"Likely" they have entered into a sales agreement, they usually have conditions that have to be met to complete the sale.
"Likely" one of the conditions of sales agreement is they must be able to get the Zoning Ordinance amendment needed to develop the site as they intend. If buyer does not get the Zoning Ordinance amendment , deal is dead or amended. It likely will go through, as It only asks to allow indoor, from the already permitted outdoor.
Speculation, based on other sales agreements I've been involved in.
......Maybe the equipment is there to reclay, or demolish.... or just to use for track prep for the Pittsburgher...... their equipment is not very dependable or from this century.
This part sounds like a retirement home is proposed also?
Winn Bishop said they are here to answer any questions the Board may have.
Time will tell!
Oh...Buy the way, it's 219.3800 Acres.....not 300 G-HEAD.
Edited by BUTTBEAK, 05 October 2017 - 01:19 PM.
Posted 06 October 2017 - 07:18 AM
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