Nonprofit group touts revenue in bid to build Long Island drag race strip

New York /
Apr.April 22, 2019 03:49 PM

The United States Motorsports Association published a report last week advocating for a drag strip to be built on Long Island, Riverhead Local reported. Such a facility would generate $17.6 million in spending and draw nearly 330,000 visitors each year, according to the 22-page report. The North Carolina-based Motorsports Association produced the report at the behest of the Long Island Drag Racing Club, a nonprofit group that tries to highlight the benefits of the sport. The Motorsports Association didn’t suggest a specific location for such a facility, though local advocates are eyeing the Enterprise Park at Calverton, whose proposed $40 million sale is currently in question. But such a proposal and others like it have previously failed to move successive town boards. Calverton Motor Sports Park offered $25,000 to Riverhead to build a 200-acre racing site. The proposal made it through screening agencies, only to get shot down by the town board. The families of veterans have opposed such proposals due to how close the site would be to the Calverton National Cemetery. Last month another group seeking to build a $1.1 billion sports complex in Ronkonkoma scaled back its vision for the project. [Riverhead Local]


Related Articles

arrow_forward_ios
21 Muchmore Lane in East Hampton, LI and  East Hampton Mayor Jerry Larsen (Google Maps, East Hampton Village NY Proud City)
Dispute stalls East Hampton’s $2.8M community preservation fund purchase
Dispute stalls East Hampton’s $2.8M community preservation fund purchase
Birch Group CEO Mark Meisner and 1 and 2 Jericho Plaza (Birch Group)
Birch Group acquires $212M suburban office portfolio
Birch Group acquires $212M suburban office portfolio
313 Three Mile Harbor Road in East Hampton (Out East)
Hedge funder Heath Freeman buys East Hampton restaurant for $4M
Hedge funder Heath Freeman buys East Hampton restaurant for $4M
150 Motor Parkway in Hauppauge LI and Damianos Realty Group principal X. Cristofer Damianos (Google Maps, DRG Realty)
Dated, half-empty Hauppauge office building sells for $24.5M
Dated, half-empty Hauppauge office building sells for $24.5M
(Facebook via The Palms Hotel Fire Island)
Fire (Island) sale: Palms Hotel hits the market
Fire (Island) sale: Palms Hotel hits the market
George Filopoulos, Lloyd Goldman and Gurney’s Montauk hotel  (Gurney's, Getty)
Metrovest, Lloyd Goldman secure $218M refi on Montauk resort
Metrovest, Lloyd Goldman secure $218M refi on Montauk resort
Bridgeton Holdings lists its 2 East Hampton hotels
Bridgeton Holdings lists its 2 East Hampton hotels
Bridgeton Holdings lists its 2 East Hampton hotels
Burlington CEO Michael O’Sullivan and 2280 North Ocean Avenue in Farmingville, LI (Glassdoor, Google Maps)
Burlington opening eighth Long Island store as it doubles locations
Burlington opening eighth Long Island store as it doubles locations
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...