Arshot Investment Corporation announced recently that Michael Waltrip Racing (MWR) has committed to partner with the company on its redevelopment of the Cooper Stadium site in Columbus, Ohio.
Members of the NASCAR team, led by two-time Daytona 500 champion and broadcast analyst Michael Waltrip, will serve as public ambassadors of the Sports Pavilion & Automotive Research Complex, or SPARC.
SPARC will feature a paved half-mile track, with preserved grandstand seating, and will be anchored by an automotive research and technical training center. MWR will consult with Arshot on design and operation of the track and will make use of SPARC facilities for testing team cars and conducting various team events.
Waltrip also indicated SPARC’s location in Columbus was important to MWR.
“Being located in the heart of Ohio, a market largely untapped by NASCAR, will provide MWR and its sponsors with high-impact exposure to millions of current and new racing fans,” Waltrip said. “We can’t think of a better way to cap the most successful season in our team’s history.”
MWR recently completed its sixth full year of NASCAR Sprint Cup competition. The team is comprised of Clint Bowyer’s No. 15 5-Hour Energy Toyota, Martin Truex Jr.’s No. 56 NAPA Auto Parts Toyota, and the No. 55 Aaron’s Dream Machine Toyota (driven by Mark Martin, Brian Vickers and Waltrip).
Arshot entered into a Good Neighbor Agreement during the project planning process which provides for establishment of a charitable foundation to be funded from ticket sales at the new venue.
The primary purpose of the foundation will be to provide academic scholarships, vocational training and other educational opportunities to residents of the Southwest and Franklinton Areas of Columbus. Under the agreement, qualified residents and businesses will also be given first consideration for purposes of hiring employees and purchasing materials and services.
For more information, visit http://www.michaelwaltripracing.com/.