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

I would invest - $1k, heck if needed I will put in more $.


.

 

I'd go a grand or two.

I piss more than that away on beer & cigs. for a year.

 

i would go for it as well, i might even move to the track and run it for ya, im sure the wife would move as well------if not (he he he )

 

Latest thing I have heard is two times they have had a buyer and both times it went in the toliet ..

 

Every time I play the slot machines I think "If I win big I am buying Red River Raceway" LOL.

 

I would give a grand but how soon till that investment would start pay outs?

 

Here is one of the people that was going to buy from what I'm told

Update on the deal with Ray White that fell through.

http://www.dallasnews.com/sharedcont...1.4ab5a94.html

SEC sues Mansfield man, son for alleged Ponzi scheme

[SIZE=-1]12:00 AM CST on Thursday, March 5, 2009

[/SIZE]
[SIZE=-1]By ERIC TORBENSON / The Dallas Morning News
etorbenson@dallasnews.com [/SIZE]


The Securities and Exchange Commission sued a Mansfield man and his son Wednesday, alleging they ran an $11 million Ponzi scheme to fund the son's racing career and to buy real estate.
The civil case alleges that starting in April 2007, Ray White, 50, used his company, CRW Management LP, to persuade 250 people in 22 states to give him money. White allegedly told investors that he achieved high returns – as much as 30 percent – by investing in overnight foreign currency exchanges, the suit said.
But of the $10.9 million given to the elder White, just over $93,900 was invested into foreign exchange investments, the suit said.
Instead, the money went to pay for 22-year-old Christopher White's racing career and to buy replica car dealer Hurricane Motorsports of Arlington, which both Whites co-managed, the suit claims.
Numbers for Hurricane Motorsports had been disconnected Wednesday. Calls to homes for the Whites were not returned.
U.S. District Judge Ed Kinkeade has ***igned Timothy Mack as the receiver for the ***ets. The judge also combined the SEC's case with a case against White's CRW Management filed Wednesday by the Commodity Futures Trading Commission.
According to the SEC suit, CRW charged some investors 10 percent or even 20 percent of their investment to participate in White's trading program.
He allegedly paid some investors back with money derived from new investors, a structure common in Ponzi schemes.
The elder White had told investors as recently as Jan. 24 that he had stopped investing in overnight currency markets because of "homeland security" issues and promised that investors would get their money back. No investor has received funds from the Whites since he stopped trading, the suit said.
Ray White bought a house, land, cars and Hurricane Motorsports with the money and paid $3.5 million to "third parties," the suit says. It seeks res***ution, penalties and an order barring the two from similar actions.
The elder White isn't a registered broker and cannot sell securities, the suit said.
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Fresh rumor that the track has been sold to a local guy. Supposedly an event is planned for early June. Hopefully it is true this time.

 

BREAKING NEWS .. Here is another strip for sale

http://www.treas.gov/auctions/irs/latx_real_3651.htm

Its way,way down there in Laredo

 

Track is back open! On opening day for TNT had 490 plus cars and bikes tech in! New website http://www.thunderroadracewaypark.com/

I am so glad the strip is back open. Ran my Lightning but only got two p***es due to large turnout and blew the tires off both times, 14.40 and 14.70. Truck normally turns 13.80's in this weather.

 

Wow, I looked at the online site, and a racetrack that's NON-SANCTIONED, of this caliber, is unheard of. Those are usually 1/8 mile facilities to start with, and have a sordid history behind them (ala Yello Belly in Texas). Butch/56sedandelivery

 

Count me in.

 

Is that $1000.00 CDN or US