The following statement was released Wednesday by Jim Cohan, president/CEO of Team 211 Entertainment, which has operated Irwindale Speedway for its owners, Nu-Way Industries, since they filed for Chapter 7 bankruptcy in February:
"We're pleased to indicate that we've just had some productive and very positive preliminary meetings with the owners and management of the new Kern County Raceway Park. We were given a tour of the facilities and were impressed by the overall design and the good progress that has been made in recent days.
Our talks with the KCRP management team were wide-ranging and included subjects relating to operations, scheduling, racing divisions, events, and other points of mutual interest. We came to the conclusion that our business philosophies are very similar and totally compatible. We like each other, we respect each other, and we understand what we each have at stake. We agreed that our common goal is to bring back and expand regularly scheduled motorsports and other forms of allied outdoor entertainment to southern California.
Happily, our two tracks are about as different and challenging as any two half-mile paved ovals could be; and we fully expect that distinction to be something that fans from all over the country will want to come and witness for themselves. Like Irwindale Event Center, Kern County Raceway Park was conceived and designed to be a multi-faceted, multi-use, community-orientated facility.
Our talks also included ideas for co-promotion and cross-promotions of special attractions, and events, publishing a unified set of competition rules and classes, as well as considering the idea of establishing a highly trained stock car racing tech inspection team that would serve both tracks.
There's much, much more, and a lot of work ahead for both facilities ... Both tracks could be said to be in a ‘rebuilding’ mode. The truth is, with the sort of teams that we have in place, and the sort of support we've been offered from our fans, sponsors, racers, suppliers, and even the sanctioning bodies; we know that we're teamed up and embarking on a exciting new era in motorsports entertainment. We want to invite everyone to come and join us."
For more, visit www.irwindalespeedway.com.
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