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Tuesday December 7, 2010
 

By Phil Smith                                                                                             

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.
 

COURT FILING (pdf)

COURT FILING 2 (pdf)

COURT FILING 3 (pdf)

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 NASCARís 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 1960ís. His ďMystic MissileĒ has been a staple of racing in New England ever since. Many drivers and crew members have come and gone through the years, but Garbarinoís 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 seasonís 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 NASCARís 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.

Loweís and its Kobalt Tools brand announced a multi-year agreement that will make the home-improvement chainís 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.

Thatís 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


Phil Smith has been a columnist for Speedway Scene and other publications for over 3 decades.

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