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LARRY WOODY: Nashville Eyeing NASCAR, IndyCar Bids

Larry Woody | Senior Writer, RacinToday.com Wednesday, June 11 2014

The new owner of Nashville Superspeedway is developing a plan for the future.

By Larry Woody | Senior Writer
RacinToday.com

NASHVILLE – The new owner of Nashville Superspeedway won’t rule out attempting to bring back NASCAR and IndyCar racing at some point in the future.

“Never say never,” Robb Sexton said Tuesday in discussing his vision for the track, located in Gladeville, 35 miles east of Nashville, on which racing was suspended three years ago.

During its 11 years of operation under Dover Motorsports, the track hosted NASCAR Nationwide and truck races, and was on the IndyCar schedule for eight seasons. The lower-tier NASCAR races failed to draw, the IndyCar Series departed, and the big dreams for the track died.

Sexton, undeterred by past disappointments, is convinced that he can make it work.

“It’s a great facility and we’re going to put it to use,” he said.

In addition to utilizing the 1.3-mile main racetrack, Sexton also expressed interest in developing the drag strip, dirt track and short track that were included in the original blueprints.

“We plan to develop the entire facility,” Sexton said. “We have a comprehensive business plan that involves using the track 52 weeks a year, with a primary emphasis on the motorsports community. Our focus is on a motorsports identity.”

Sexton described himself as “car-crazy” and a life-long racing fan.

The 60-year-old Hendersonville, Tn., resident is founder and CEO of NeXovation, Inc., a global technology company. Earlier this month he announced the purchase of the Superspeedway from Dover Motorsports for $45 million in cash and bond obligations.

Sexton said he closely monitored developments concerning the track, and — undaunted by Dover’s setbacks — two years ago began mapping plans to acquire it.

“This is not just a lark, thinking that maybe we can make it work,” he said. “For two years we have taken a hard look at it, formed a business model, and concluded that it is do-able.”

Sexton anticipates having some form of activity on the track this year, but declined to discuss particulars. He said he will reveal specifics at a press conference next month.

“Once we are in a position to announce our business models, the logic will fit together,” he said.

It is speculated that the Superspeedway facility will be put to multiple uses, including automotive testing and as a possible entertainment venue, in addition to hosting various forms of motorsports.

He plans to give the track more of a Wilson County identity; because of its Nashville Superspeedway name, it is often confused with Nashville’s Fairgrounds Speedway, the historic old racetrack at the state fairgrounds.

“We intend to make it a national facility, but with a strong Middle Tennessee and Wilson County identity,” he said. “We’re going to be very part a much of the Wilson County community.”

Amid his efforts to bring the Superspeedway back to life, Sexton will pursue his attempt to buy Nurburgring racetrack in Germany. Sexton claimed he out-bid competitors for the track but was unfairly passed over, and plans to wage a legal battle to over-turn the decision.

He said that campaign won’t distract from his Superspeedway involvement.

“It’s not tied to the financial or business aspects of our track here,” he said. “If it (resolving the Nurburgring situation) takes five years, it won’t have any impact on the Superspeedway.”

– Larry Woody can be reached at lwoody@racintoday.com

Larry Woody | Senior Writer, RacinToday.com Wednesday, June 11 2014
3 Comments

3 Comments »

  • Sue Rarick says:

    If I’m not mistaken from Google maps it looks like there was grading that mimicked the fairgrounds track. Considering all the noise regulations in Nashville how would a copy of the fairgrounds work???

  • Tammy Brewington says:

    Great story, Woody!

  • Rhea Greenwell says:

    NASCAR needs competition from someone who has the money and resources to establish a series that run ” stock ” cars like used to be run. Have specifications where one can build a safe race car to race without all the technical aspects of the generic one they use. If a car could be built that looked like the ones on the road today, the old saying of the ones that win on Sunday are the ones that sell on Monday would once again be true. Don’t have any kind of aero package, this takes the race out of the hands of real drivers and puts it into the hands of the builders. If a car could be built for less than $100,000.00, you’d have plenty of cars for a series. A race is where cars try to out run other cars, they don’t have to be running 200mph to make it a race!