Page 1 of 2 12 LastLast
Results 1 to 10 of 16

Thread: SOMEONE Needs to Buy Lapeer dragway

  1. #1
    Club Member dline's Avatar
    Join Date
    Oct 2008
    Location
    The Shores
    Posts
    8,734

    Default SOMEONE Needs to Buy Lapeer dragway

    looks like the guy that was gonna buy isn't, so now its back to Bill.....
    15 Wrangler
    15 RAM v6

    Fiat Mopars!

  2. #2
    Forum Member JpMotorsports's Avatar
    Join Date
    Jan 2006
    Location
    Clinton Township, MI
    Posts
    1,450

    Default

    Seems like a messed up situation indeed. I hope the track can survive and move forward

  3. #3
    Elected Club Official jsxtreme's Avatar
    Join Date
    Nov 2003
    Location
    Bestside
    Posts
    22,295

    Default

    I'm lost. I thought it had a new owner.

  4. #4
    Club Member dline's Avatar
    Join Date
    Oct 2008
    Location
    The Shores
    Posts
    8,734

    Default

    yep guess he changed his mind, deal didn't go thru
    15 Wrangler
    15 RAM v6

    Fiat Mopars!

  5. #5
    Club Member Sledder's Avatar
    Join Date
    Feb 2011
    Location
    Chelsea/Buckley
    Posts
    656

    Default

    I read on FB yesterday that the original injunction is still being contested in court. Because the new owner wants to continue as a drag strip, which is a factor on the injunction, a transfer of ownership can’t take place. Sound’s like if he bought it and wanted to do something else with it he could but not a drag strip until the lawsuit is resolved.

    Now I’m reading it was a 90 day lease, sale pending on soil sample, that expired and the owner didn’t care to extend the lease. Who knows? Is better than TV though.
    Last edited by Sledder; 10-29-2024 at 11:16 AM.

    I Drag Race Because It's Fun, Not Because I'm Good At It.

  6. #6
    Club Member WhiteHawk's Avatar
    Join Date
    Oct 2003
    Location
    Metro Detroit, MI
    Posts
    15,537

    Default

    How much is it? I mean, he put millions into it, but is it worth millions? It is a big chunk of land.

    -Geoff
    2023 Camaro Convertible 2SS

  7. #7
    Club Member
    Join Date
    Jun 2004
    Location
    Detroit
    Posts
    2,114

    Default

    Lapeer.....
    .....
    "No"

  8. #8
    Club Member twotwoturbo's Avatar
    Join Date
    Nov 2003
    Location
    IN A VAN DOWN BY THE RIVER
    Posts
    5,741

    Default

    seemed to get very messy quickly
    1990 mustang GT 5.0 sold 3-11-04 MISSED

  9. #9
    Club Member
    Join Date
    Oct 2011
    Location
    ST CLAIR
    Posts
    347

    Default

    Huge problem because of zoning. That track from day 1 has been running on agricultural land and never zoned as special purpose use.
    Bill had it rezoned as commercial with a stipulation that if its sold it cant be a drag strip anymore.
    Alex agreed to a 90 day lease while the lawyers investigated the books.
    Lawyers found the zoning stipulation and told Alex to give the keys back to Bill .

  10. #10
    Club Member wrath's Avatar
    Join Date
    Jun 2005
    Location
    Chelsea, MI
    Posts
    952

    Default

    Bill hoped no one would notice?

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •