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For those of you who have waited patiently or impatiently for news about the fate of I-70 Speedway, we thank you. And your wait is over. However, we regret to inform you that the news is not good.
We won’t keep you in suspense. After months of push and pull with P&M Ventures, the end result is that I-70 will remain closed and continue to deteriorate under Brad McDonald’s ownership for the foreseeable future.
If you care to know our side of events and our opinion of what transpired then continue reading. If not, then thank you for your time and attention. And if you have any further interest in local asphalt racing please head on over to our new forum at http://www.littrellracing.com/smf/
It all began favorably with many excited phone calls between interested parties and Randy and Brad McDonald. Eventually there were keys to the property sent out so that tours could be taken and bids placed on work that needed to be done.
That first tour was quite disheartening when we found out that the concession stand roof had caved in, all other roofs had various leaks, the electric meter had been removed by KCP&L and weeds were running rampant, among other things. Then it was discovered that the EPA had shut off the water due to drainage concerns.
But we were determined to move forward with our vision of how great I-70 could be again.
However as these problems came to light the McDonald’s became more and more difficult to get a hold of. Deals that were once taking shape nicely began to fall apart. Nondisclosure agreements were waved around by the McDonalds. Nondisclosure of what, we asked. Everything, we were told.
Several different lawyers’ names were given to us as their representatives- just names, no numbers or addresses, we had to hunt those down ourselves. When we contacted one of the lawyers whose name we had been given, he had no idea what we were talking about.
Conference calls were arranged and then the McDonald’s never called in. Messages were never returned back to us. Emails got nasty. There was even a meeting called by Brad to sign papers. Several investors bought plane tickets to KC to be here. Brad never called to confirm the final time and place so we told our investors to stay home. Brad never called back.
Whatever was asked of us, we provided- paperwork, phone numbers, facts and figures, even financial information. When the same was requested of P&M Ventures, we received nothing but resistance. We were stonewalled at every turn. Eventually every phone call, every email, every promised meeting or final deal just became a joke.
The situation became absurd.
This is just a small slice of what has been going on the last few months. We really want all of you to know that we have put in long hours and late nights trying our best to make this happen. There is nothing we wanted more than to bring I-70 Speedway back to life.
We knew that others had come before us trying to buy I-70. We were sure that this time would be different. We would have the determination and persistence to pull this off. We were wrong.
There is only so much we can do. As badly as we wanted this, even we have limits. We have reached ours.
However, asphalt racing in this area does not have to die with the demise of I-70 Speedway. We have decided to forge ahead and build a new speedway in the area. We are in the preliminary stages and are on the hunt for land. We need 40 acres, preferably in Jackson County.
If you have any ideas or opinions about what has happened with I-70 and our plans for moving forward, please come visit us at http://www.littrellracing.com/smf/
Thank you all for your support, your time, and your comments. Please hold on to your good memories of I-70 Speedway. It was a wonderful place for racing.
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The July 17th race date currently on the schedule is out the window! I've talked with Brennon Willard from I-44 Speedway and cannot run that date because the track will not even be open.
