FROM JAYSKI.COM

Nazareth Speedway Close to being sold: Ashley Development Corp. of Bethlehem has been identified as partner in NZSW LLC, the buyer of the 187-acre Nazareth Speedway tract. Lewis Ronca of Wind-Drift Real Estate and Norton Herrick of Morrisville, N.J.-based Herrick Development Co. are also involved in the project, according to Lou Pektor, president of Ashley Development. Township Manager Timm Tenges said he was pleased to learn Pektor is working on the speedway venture because the township has a "good working relationship" with Ashley Development. The commercially zoned parcel at Routes 248 and 191 will become "some type of mixed-use development," according to Pektor. "It definitely won't be a racetrack," he said. "There are no other predetermined decisions, though." Pektor said plans for the site would likely be ready for township review this summer. International Speedway Corporation, based in Daytona Beach, Fla., owns the speedway property. In a Securities and Exchange Commission filing last month, ISC had said it expects to close the pending $18.8 million sale in November. The last proposal for the speedway site was rejected last year by Lower Nazareth Township officials. Local developer Abraham Atiyeh had hoped to replace the speedway with a hockey arena and housing development. The racetrack has been unused since its last race in 2004.(Express Times)(3-4-2006)

now this is what i dont get,

1.  nascar is worth billions,  and there concerned about selling the track for 18 mill??? knowing the fact that there will be never a cup race..... bgn race to that fact,   the track could be used just for testing,   this really sickens me that they closed this track before, when they had the dirt mods there, and they did it again......   what is your take ????

scott