Dover To Sell Memphis, But to Guess Who?

Dover Motorsports Inc is selling Memphis Motorsports Park. No 2009 race schedules are anticipated to be changed and the closing date of the $10 million sale is anticipated to be around April 30th, 2009.

The company purchasing the track is Gulf Coast Entertainment, L.L.C..

Gulf Coast is owned by an investment group. Members of the investment group include some race industry insiders, if you wanna call them that: Kelley, Kerry and Dale Earnhardt Jr..

As Earnhardt Jr. expands his impressive business portfolio*, I anticipate that the track won't be relegated to a test location, but will probably remain active in the series.

source: NASCAR Official Release

*Earnhardt owns an impressive number of companies, getting his affairs in order for whenever he decides to retire, he's got it sweet.

• Glacial Bear Racing,
• DEJ Realty,
• Hammerhead Entertainment,
• Whisky River bar,

Details about his new bar (April of '08) are here & his different companies (Reported in March of '08) here & Alabama Motorsports track back in January of '08.

People, keep up with me, I'll try to keep you informed with what inside info I can dig up!