The electronic message still crawls across the sign on the back of a building behind the grandstand, in bright red letters: “Race track for sale,” followed by a phone number.
But the message is obsolete. Kentucky Lake Motor Speedway has been sold.
Race fans and competitors are eager to see a new sign, advertising the re-opening of the track.
The new owners are working to finish details of their acquisition of the track at auction June 27 and have not finalized any plans for re-opening the 3/8-mile dirt track yet.
“We still have to close on the purchase. We’ve got to take care of all those things first,” Ronnie Jones told the Tribune-Courier last week.
Jones and partner Jim Hale, both of Hopkinsville, had the high bid of $900,000 for the track and adjoining property at the intersection of Interstate 24 and the Purchase Parkway.
Total price including auction fee was $990,000.
Jones noted that an entertainment permit must be granted by Marshall County Fiscal Court before the track can re-open for business and said he and Hale planned to appear before the county governing board to request a permit soon.
After the auction, both men stated their intention to restore the track to operations either next season or possibly later this year.
Kentucky Lake Motor Speedway was built by Dwight and Keith Greer and opened in 1997. It was sold at auction in 2005 to Sherri Heckenast of Frankfort, Ill., for $1.6 million.
uring most of its first decade of operation, it was the site of regular weekly stock car racing and special events including visits by the World of Outlaws sprint cars and the track’s signature event, the Commonwealth Cup for dirt late models.
The track has been inactive for the past five years.