“NO TRUTH TO RUMORS” OF A SMITH PURCHASE OF NHRA

Sources close to Bruton Smith have confirmed for CompetitonPlus.com that a story appearing on another web site to the affect that Smith would be announcing his purchase of the NHRA some time around the date of the NHRA national event at the new track in Charlotte are just that – rumors and nothing more.

Sources close to Bruton Smith have confirmed for CompetitonPlus.com that a story appearing on another web site to the affect that Smith would be announcing his purchase of the NHRA some time around the date of the NHRA national event at the new track in Charlotte are just that – rumors and nothing more.

Our source adds that at present Smith’s Speedway Enterprises is carrying a significant debt load, with their most important pending major expenditure being to exercise their option to purchase the stock car facility known as Kentucky Speedway.

Those situations would appear to preclude the possibility, at least in the near future, of Smith purchasing the NHRA, although he does remain at least somewhat intrigued by the idea.

Categories: