Carolina Motorsports Park Seeking New Ownership

-- Only Purpose-Built Road Racing Facility in the Carolinas --

15 Oct, 2014, 10:00 ET from Carolina Motorsports Park

KERSHAW, S.C., Oct. 15, 2014 /PRNewswire/ -- Owners of Carolina Motorsports Park, the only purpose-built road racing facility in the Carolinas, today announced they are seeking a new owner.  Located in Kershaw, S.C., approximately one hour's drive from both Charlotte, N.C. and Columbia S.C., the 280-acre property on US 521, with a 2.27 road racing course and a 0.7 mile Kart track, hosts year-round racing events and serves as a playground for sports car enthusiasts.

"The past 15 years have been a lot of fun but our ownership group is at a different life stage now and we think it's time to hand the keys over to the next generation," said Carolina Motorsports Park Managing Director, David Palmer.  "The facility continues to be financially sound so while bittersweet, it's our goal to find the right person or group to further develop this regional asset."

The work of famed track designer, Alan Wilson, the Carolina Motorsports Park road course opened in 1999 and has continued to expand its facilities and services including: a 200 ft. diameter skid pad, registration/office building, timing tower with meeting and classroom space, race fuel station and open air garage.

Weekdays, the road course is primarily used for race team practice, car manufacturer testing, TV show and commercial filming as well as law enforcement training. Weekends are busy with auto and motorcycle races, track time events and driver education.

"Carolina Motorsports Park allows drivers of all skill levels to practice, make mistakes and tune up in a safe environment," said retired NASCAR driver, Ricky Rudd, who has 23 career wins under his belt and is considered one of the best road racers in NASCAR history.  "I have spent a lot of time there doing just that and given it's the only course of its kind in the Carolinas, I think it's the best kept secret around."

The 0.7 - mile Kart track, completed in 2010, has 16 turns and numerous configurations.  The 10-race POWERADE Karting Championship, the Maxxis Summer Series and two WKA national events are held at the facility.  In 2015, CMP will host The Rotax Max Challenge Grand Nationals, one of the premier annual events in Karting.

For more information about the Park, visit www.carolinamotorsportspark.com

For serious investor inquiries, email dpalmer@carolinamotorsportspark.com.

Photo - http://photos.prnewswire.com/prnh/20141015/152234

SOURCE Carolina Motorsports Park



RELATED LINKS

http://www.carolinamotorsportspark.com