WEST ALLIS, Wis. (AP)—The Milwaukee Mile will fall mostly silent in 2010.
After months of negotiations with four potential promoters for the financially troubled racetrack failed to reach the finish line, the Wisconsin State Fair Park board of directors announced Wednesday that the track will not host any major racing events in 2010.
The track, which dates back to 1903, has hosted NASCAR and Indy Racing League races in recent years.
In a statement, board officials said the potential promoter it negotiated with most recently was not moving forward because the track’s margin for profitability was “too thin.”
The board said the track will continue to host car clubs and driving schools next year, and officials will continue to search for a promoter to bring major events back in 2011.
Troubled Milwaukee Mile won't host 2010 races - NASCAR - Yahoo! Sports
After months of negotiations with four potential promoters for the financially troubled racetrack failed to reach the finish line, the Wisconsin State Fair Park board of directors announced Wednesday that the track will not host any major racing events in 2010.
The track, which dates back to 1903, has hosted NASCAR and Indy Racing League races in recent years.
In a statement, board officials said the potential promoter it negotiated with most recently was not moving forward because the track’s margin for profitability was “too thin.”
The board said the track will continue to host car clubs and driving schools next year, and officials will continue to search for a promoter to bring major events back in 2011.
Troubled Milwaukee Mile won't host 2010 races - NASCAR - Yahoo! Sports