In just a little over a week, December
16 to be exact, 1080 Hartford Road LLC
will be back in court to answer as to
why terms of Chapter 11 Bankruptcy have
not been met and why the court should
not mandate Chapter 7 liquidation.
According to recent court documents, the
U.S. Trustee would like to give the
Speedbowl up until late May 2011 to file
a reorganization plan. If the judge
allows this it looks like it will be
another year of the current Speedbowl
management running the Waterford
Speedbowl. However if the Judge says
enough is enough he can convert from
chapter 11 to chapter 7 at the hearing
or soon after 12/16 and get this whole
issue over by early 2011. There will
still plenty of time left to get the
track in shape for 2011 with a new owner
or owners.
In the mean time, the Speedbowl
Management has been selling season
passes for both the pit area and
grandstands at substantial savings.
NASCAR will return to Charlotte with a
special week of activities culminating
with the 2010 NASCAR Whelen All-American
Series Awards Banquet on Friday, Dec. 10
and the NASCAR Night of Champions
Touring Awards Gala on Saturday, Dec.
11. The banquets will be held at the
Charlotte Convention Center's Crown
Ballroom in the NASCAR Hall of Fame.
The NASCAR Night of Champions Touring
Awards Gala will feature the series
champions and top drivers from NASCAR’s
regional touring series including
invitees from the NASCAR K&N Pro Series
East, the NASCAR K&N Pro Series West,
the NASCAR Whelen Modified Tour, the
NASCAR Whelen Southern Modified Tour,
and the NASCAR Canadian Tire Series
presented by Mobil 1.
NASCAR Whelen Modified Tour champion
Bobby Santos , who in addition to taking
home the biggest trophy of them all at
the NASCAR Night of Champions Touring
Awards Gala, will also collect the
Whelen Winner of the Race and Coors
Light Pole Awards. Santos tied with Ted
Christopher for the Tour lead in wins
with four, and won the Coors Award
outright with four poles during the
season. Also to be honored is Bob
Garbarino who began fielding a NASCAR
Modified in the early 1960’s. His
“Mystic Missile” has been a staple of
racing in New England ever since. Many
drivers and crew members have come and
gone through the years, but Garbarino’s
commitment to NASCAR Modified racing has
never wavered, an that effort has paid
off with three titles in the last four
years. Alongside Garbarino will be
Champion Crew Chief Bob Mueller who has
called the shots for Garbarino during
those three title runs. Mueller has
directed Mystic Missile Racing to 16
wins and 44 top 10s in 59 races during
the last four years.
Other Modified Tour awards include
Rookie of the Year honors will go to
Justin Bonsignore who recorded a pair of
top fives and four top 10s and won the
Sunoco Rookie of the Race Award in eight
of the season’s 14 events. The
Featherlite Most Improved Driver and
Coca-Cola Move of the Race Awards for
the 2010 season were earned by Rowan
Pennink and Woody Pitkat, Among the
others to be honored during Champions
week are Burt Myers (NASCAR Whelen
Southern Modified Tour and Keith Rocco
(NASCAR Whelen All-American Series.
The week-long schedule of special
activities for champions, track
promoters and industry members will put
the spotlight on the important series
and tracks that make up NASCAR’s
foundation. NASCAR will cover most of
the awards presentations through the
NASCAR Home Tracks website.
In TV land the race viewing is slim as
the season is over and only selected
reruns will be broadcast. On Wednesday
at 6:00pm the Versus Network will
present the Lucas Oil Motorsport Hour,
#37. The action moves to the Speed
Channel at noon on Thursday for the
replay of the Sept 26 NASCAR Sprint Cup
AAA 400 that was run at the Dover Intl.
Speedway. At 6:00pm its back to Versus
for the Lucas Oil Motorsport Hour, #38.
Friday at noon Speed reruns the Nov 7
World of Outlaws, Sprints and Late
Models that ran at the Charlotte Motor
Speedway in Concord, NC. Friday night at
7:00pm, ESPN Classic replays the NASCAR
Sprint Cup 2007 Allstate 400 that was
run at The Brickyard, Indianapolis Motor
Speedway. On Saturday evening Versus has
another segment of the Lucas Oil
Motorsports Hour, #39. Segment #40 of
the Lucas Motorsports hour will be shown
at 5:00pm. Rounding out the week is the
Speed Report at 7:00pm on the Speed
Channel.
On the Speedway Stock Market scene last
week all three speedway stocks ended the
week on the positive side. Leading the
pack was the International Speedway
Corporation which went up 1.23 to 24.86.
Speedway Motorsports went up 0.26 to
15.09 and Dover Motorsports went up 0.01
to 1.80. NASCAR Cup sponsor Sprint
dropped 0.01 to 3.92 while fuel supplier
Sun Oil dropped 0.62 to 39.58 and tire
supplier Goodyear dropped 0.10 to 9.93.
The car makers were all positive for the
week. Ford went up 0.70 to 16.80 while
General Motors went up 0.75 to 34.55 and
Toyota went up 0.69 to 79.05. Things
were booming in the home improvement
sector. Home Depot went up 2.48 to 33.48
and Lowes went up 2.62 to 24.86. The
major team sponsors were also on a roll.
Dupont went up 2.93 to 49.24 while
Coca-Cola went up 1,08 to 59.13 and
Target Department Stores went up 2.27 to
59.12. Aarons Rentals went up 0.49 to
20.74 and Fedex went up 7.50 to 95.00.
Lowe’s and its Kobalt Tools brand
announced a multi-year agreement that
will make the home-improvement chain’s
tool brand the sponsor of the NASCAR
Sprint Cup Series race at Las Vegas
Motor Speedway.
The Kobalt Tools 400, the 14th NASCAR
Sprint Cup event to be held at LVMS,
will take place March 6 on the 1.5-mile
superspeedway.
That’s it for this week from 11 Gardner
Drive, Westerly RI 02891. Ring my chimes
at 401-596-5467. E-Mail is
smithpe_97_97@yahoo.com
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