MPH ( Motorsports Park Hastings ) Auction Completed!

Discussion in 'Track Days, Car Shows and Gatherings' started by Bill Pemberton, Oct 11, 2019 at 5:54 AM.

  1. Bill Pemberton

    Bill Pemberton TMO Addict

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    The new owners wish to stay anonymous at this juncture, and though the amount was a bit lower than expected ( around 750K ) , the thing that stands out the most is that those involved in the winning bid are from the Tri-City area. This sounds confusing to some outside the State of Nebraska, but the Tri-City Area is what the Kearney, Grand Island and Hastings triangle of cities is called. So, many are pleased that the track will continue under locally based ownership, and though there are likely some new plans in the works, common sense states they will likely continue the bookings for 2020 --- quite a full calendar is already on the books for MPH. I am sure we will hear more in the future , but this should give many an idea that MPH will continue to be a fun and welcoming place for motorsports activities!
     
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  2. TMSBOSS

    TMSBOSS TMO Addict

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    George will stay in place, correct?
     
  3. Bill Pemberton

    Bill Pemberton TMO Addict

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    Have not heard, at present. Would depend on the new owners , but I imagine George will help in transferring over info. Heck, with the new folks from around the area it is likely many are aware of George's contributions. I know George would like to slow down some in the future, but I can see him being asked to be on the Board , but we will all have to just wait and see?
     
  4. TymeSlayer

    TymeSlayer Tramps like us, Baby we were born to run...

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    Good news Bill, thanks for sharing. Hope things are well with George. It would be a shame to lose him
     
  5. JAJ

    JAJ TMO Addict

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    It's good to hear that local people bought it. All too often, it's folks from far away and it's a real loss to the community when the new owners pack up their newly-purchased track and take it away ;)
     
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  6. Bill Pemberton

    Bill Pemberton TMO Addict

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    Talked with my good buddy George Anderson and he said it was perfectly fine for me to tell all the good folks at TMO that he is "Quite Optimistic," things will go forward very positively!! I would imagine he will slow down a little but gotta believe he will be there for the big events as he just loves being with all the guys, himself!
     
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  7. 12coBoss

    12coBoss TMO Advanced

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    It did go super cheap, but may be a good thing for more money back into the track. Feel more optimistic as if getting a very large investor, investing in something like this could be chump change, so if it's not making big money they drop it like it's nothing. Seeing a local investor hopeful they want to invest in the community to bring more in, so we will see what happens.
     
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  8. VoodooBoss

    VoodooBoss Rick Moderator

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    Good news, thanks for sharing.
     
  9. drano38

    drano38 Wayne

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    Sounds like a positive outcome for the future of MPH.
    Thanks for the update.
     
  10. Black Boss

    Black Boss TMO Addict

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    Good to hear that it sold to local buyers and that George will stay involved. Look forward to getting back for a Roundup!!!

    Sold at a bargain, so hopefully they repave.
     

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