Fairgrounds Speedway Nashville Race Promotor Returns Another Year | Performance Racing Industry
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Fairgrounds Speedway Nashville Race Promotor Returns Another Year
September 14, 2016
Tony Formosa, racing promoter at Fairgrounds Speedway Nashville for six of the past seven years, has been tapped to oversee another racing season at the city-owned racetrack.
Fairgrounds Speedway Nashville Race Promotor Returns Another Year

Tony Formosa, racing promoter at Fairgrounds Speedway Nashville for six of the past seven years, has been tapped to oversee another racing season at the city-owned racetrack.

The Metro Board of Fair Commissioners voted Tuesday to extend its lease agreement with Formosa through 2017. Formosa’s contract had been set to expire at the end of this year.

Formosa was first picked to manage the racetrack at Metro’s fairgrounds in 2010 before the board tapped former NASCAR driver Bobby Hamilton Jr. for the 2011 season. The board leased the track again to Formosa in 2012, and he’s been operating auto racing at the fairgrounds speedway ever since then.

“This place is like home to me. My dad was one of the early pioneers who started racing here in Middle Tennessee right here at the fairgrounds. I’m really thrilled to know that I will get to carry the spear forward for not just the facility, but for stock car racing, for 2017 and hopefully many more years to come,” Formosa said.

Formosa’s contract renewal comes as Mayor Megan Barry administration’s is pumping $15 million in new upgrades at the fairgrounds. Although that allotment includes $2.5 million for improvements to the speedway’s grandstands, Formosa has said he’s disappointed it did not include money for upgrades to the track.

Formosa said parameters of his new lease agreement with the fair board still need to be worked out. After next year, he hopes to land a long-term contract with the board instead of a one-year lease.

Originally reported by The Tennessean.