Hot Rods Lets go in together and BUY THIS part #2

http://www.racingjunk.com/post/1376941/Red-River-Raceway-.html

Ok, another drag strip up for sale .. this time Shreveport
700k

Any body want to try it again ,last time they sold Hallsville to people who would not use it as a drag strip any longer on purpose i'm told

700 shares.. $1000.00 each ?

 

Old link on Hallsville

http://www.jalopyjournal.com/forum/showthread.php?t=256697&highlight=hallsville

 

$700,000 sounds cheap. It sure comes with a LOT of stuff.
There is a ****py little piece of commercial property around here (not a car/hot-rod deal) well over a mil.
Anyways the comute and......

 

This is for real... there are some lawyers on the board. lets get this together!

How come last time it was

500 members x 1000

and now its

700 x 1000

 

Different piece of property ..

Hallsville had a offer from a group to keep it a drag strip for the asking price

The county would not sell it, it did sell for allot more than the asking price from what i was told

 

I'm down for 1000

 

Ok, anti up guys. The HAMBstrip!!

 

Count me in for 2g, one for me and one for the Wife!

 

Better make it a 1000 shares, you will need operating capital. I know of 3 auto type executives that may be needing a job soon.

 

Bid Dad- are you gonna move down there and run it?

 

Tell Evel to dust off the cameras and make a do***entary on this one and evolve it into a cool show on SPEED

 

I have attended races at this track in Gilliam,La...Lots of room for camping,not much on motels..Several miles north of Shreveport.Big Dad come on down and take a look at it.

 

No, but .. I'll help find someone to run it

 

$1000 from me.

 

ok im in for some dough

 

I'm in, there goes next pay check, i'm gunna have to starve for a while

 

I'm in for a G!

 

I have about 100 people that have commited around $150k so far

My guess is get down and dirty and some would rabbit ..other might step forward ..

Half down owner finance the balance on a 15 year loan ?

If some strips are not saved at some point , racing will be gone ..

No place to race anymore ..

 

big dad,
any rough idea of what this place does business wise a year? is this one of the few venues in the area to go to? just curious.

 

No, its a nice place .. There are a few others in the area

Paris, Texas is somewhat close --North west about 100-125 miles

Rusk, Texas is somewhat close -south west about 125-150

Belle Rose is about 250 south

This is just north of Shreveport ( many gambling casino's )

Shreveport is due east of DFW about 160-175

No idea of what the place did for income / costs

They just dumped about 400k into the place , grandstands, etc

Hosted a couple big events in 2005,2006 and 2007

With the current state of affairs in the country I'd think of it as a land purchase deal its 160 acres ..

I'd like to believe that one day the land would easy exceed the purchase price

I would think with a half volunteer staff , and a decent budget it could sustain itself thru the years

 

Hey thats my old stompin grounds... sweet track there... Guys in my town just east of there would go there to run their rides... I almost took my 96 camaro ss there, but once they said it was somwhere around 100 bucks a run... I figured I would keep it on the back roads. Gilliam was a strange place for a raceway... but I ***ume the one in prescot arkansas isnt in any better a place and it was always busy.

 

From what I hear, it was built in '98 at a cost of 7 million smackeroos. Damn, does any body want to buy a home furnishings store, an excavation service and a home/shop/out buildings on 17 acres? I'd be gone!

 

Track has been sold to same guy that owns No Problem Raceway in south Louisiana.

 

Good, at least it'll stay a racetrack.

 

Awww, man. I was hoping we could buy it. Then we could sub-divide it and build condos..........

Guys. Um Guys! Put down that base ball bat.........

 

Track is back up for sale, the buyer (who was NOT the guy from NPR, I was misinformed) could not show up with the cash, probably the recent economy got him and his group. They were fairly serious about it, had a booth at Shreveport World of Wheels and were looking for workers.

 

Some housing developments have a playground, then others have a real PLAYGROUND

 

I'm in for $1G. How cool would this be?

 

Kevin AKA DOC should buy it outright. Build his dream "warehouse" on the property and throw a few drag racing parties there each year. A win/win for everyone.

 

I live very very close to that race track I've even raced there before its an awsome track one of the few that are still quarter mile tracks instead of 1/8th mile tracks My home track is prescott raceway because its only 20min from me but redriver raceway is bigger and better in alot of way other than there isn't alot of shade but plenty of parking to have a huge race weekend were some real money could be made if done right. I drive by the track 3 or 4 times a week on my truck route.