new ownership on a 1 year 300,000 lease from what I hear. if the new owner doesn't feel that he can turn the track around after a year, he can walk away with a 300,000 loss. if he feels that he can turn it around, a stroke of the pen pays for the rest.
from what I understand, this is not his first venture and is known for turning shit holes into premier locations. I'm keeping my fingers crossed and hope he sticks with IHRA and doesn't go to NHRA.