SPARTA, Ky. (WDRB) – Auto racing is a sport defined by speed, but Kentucky Speedway officials are playing a waiting game right now.
Possible changes to NASCAR’s ownership coupled with Monday’s Supreme Court ruling that states could legalize gambling has Kentucky Speedway General Manager Mark Simendinger weighing some positive probabilities.
“If there’s going to be gambling on our races here, there’s got to be ways to compensate this race track,” Simendinger said. “The people putting on the show should be compensated.”
Another development Simendinger is watching is the report that the France family, who has owned NASCAR for 70 years, is working with Goldman Sachs to possibly sell the company. Attendance at most NASCAR tracks has fallen and television ratings have taken a hit in recent years.
Kentucky Speedway and the France family had a bit of a contentious relationship. The Speedway sued NASCAR in an attempt to land a top-tier race. That suit dragged on for four years and was finally dismissed in 2009. NASCAR finally located the Quaker State 400 in Sparta in 2011.
“If the France family for whatever reason sells all or part of their ownership interests to someone, I welcome it and I think it’s great,” Simendinger said.
Simendinger says if someone does buy some or part of the league, he believes they will try to inject some new life into NASCAR.
“Any change that happens in this sport, I think it will be great for Kentucky Speedway because I’ve got the ultimate confidence in this marketplace and in our team, that we will get the best end of it,” Simdendinger said.
Copyright 2018 WDRB Media. All Rights Reserved.