There’s good news and bad news for fans of North Wilkesboro Speedway this week.
Speedway Motorsports Incorporated CEO Bruton Smith and New Hampshire International Speedway owner Bob Bahre -- each of whom own a half-interest in North Wilkesboro -- have signed a deal with a real estate company to negotiate the sale of the track. However, Smith said today that does not necessarily mean the track may be reopened.
Smith said of the potential buyers, “I don't think they're looking at it for racing, but for other events like a major national fiddlers' convention. I hope the buyer is successful in whatever he wishes to do. We'll have to wait and see.”
Smith and Bahre bought North Wilkesboro a decade ago, moving its two NASCAR Nextel Cup Series races to their own tracks. A group called Save The Speedway failed to interest investors in a plan to purchase and reopen the track three years ago, but continues to attempt to raise money for a North Wilkesboro Speedway Monument, to be placed in a public park near the speedway in Wilkes County, North Carolina.
The track held its final race on September 29, 1996, but remains in reasonably good condition. If you’re interested, the price tag is reportedly set at $12 million.