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Editorial Results (free)

1. Back on Track -

After sitting silently in neutral for nearly two years, the roar of racecars once again fills the air at Memphis International Raceway – formerly known as Memphis Motorsports Park – and its reopening is expected to drive economic gains for surrounding businesses.

2. Wolf River Blvd. Land Sells in Lieu of Foreclosure -

Two parcels on Wolf River Boulevard
Sale Amount: $1.7 million

Sale Date: Dec. 28, 2010
Buyer: SunTrust Bank
Seller: Wolfby GP

3. Motorsports Park Deeds Filed With Register -

The deed representing the sale of Memphis Motorsports Park to a limited liability company affiliated with investor Joe Lubeck has now been filed with the Shelby County Register of Deeds.

Moroso Investment Partners IV LLC bought the park from Memphis International Motorsports Corp. for $2.1 million. The deal closed Jan. 31.

4. Revving Up -

After being vacant for more than a year, Memphis Motorsports Park sold at a live auction Tuesday morning for slightly less than $1.9 million.

Independent investor Joe Lubeck placed the highest bid for the tract – $1.875 million – after the bidding opened at $3 million. Lubeck is managing partner of Jupiter, Fla.-based Palm Beach International Raceway, formerly Moroso Motorsports Park. Jason Rittenburry, Lubeck’s partner, ran the track for 11 years.

5. Memphis Motorsports Park Sells for $1.9M -

After being vacant for more than a year, Memphis Motorsports Park sold at a live auction Tuesday morning for slightly less than $1.9 million.

Independent investor Joe Lubeck placed the highest bid for the tract – $1.875 million – after the bidding opened at $3 million. Lubeck is managing partner of Jupiter, Fla.-based Palm Beach International Raceway, formerly Moroso Motorsports Park. Jason Rittenburry, Lubeck’s partner, ran the track for 11 years.

6. Motorsports Park Set for Auction Block -

Memphis Motorsports Park will soon have a new owner after being out of commission for the past year.

The property will be sold at a live, on-site auction Dec. 14 at one of the facility’s parcel locations, 5500 Tay-For Road, near Millington.

7. Dover to Close Memphis Motorsports Park -

Dover Motorsports Inc., the owner of Memphis Motorsports Park, is waving the checkered flag and will end racetrack operations there, the company reported Friday.

8. Dover to Close Memphis Motorsports Park -

Dover Motorsports Inc., the owner of Memphis Motorsports Park, is waving the checkered flag and will end racetrack operations there, the company reported Friday.