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Badlands Motor Speedway (SD) Price Set At $6.3 Million
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Badlands Motor Speedway, the dirt track located in Brandon, South Dakota, is now for sale for $6.3 million.
Track owner Chuck Brennan hosted an auction for the race facility on September 15, with an opening bid of $3.15 million. However, several potential bidders both on the site and online failed to place a bid, according to a statement on the track website.
Track officials are now asking for a “deeply discounted, temporary purchase price” of $6,299,999, which will be sold on a first come, first served basis.
Brennan purchased the track in 2015, changed the name from Huset’s Speedway to Badlands, and completed upgrades to the facility.
The track had previously reported a noise ordinance from the county, stating the speedway had lost its grandfathered exemption letting it operate. Speedway officials, however, published the letter the track received rescinding the past noise ordinance notice.
“We all truly hope we can pass the torch on to a new ownership group as soon as possible… We have put forth an incredible price and value for this historic piece of property and legendary race track and concert venue. We know time is of the essence as the off-season is the best time for the business to generate income by selling advertising, sponsorships, VIP luxury suites, reserved seating and much more, to get ready for the gates to open to the thousands of race fans who have entered our gates over the past 60 years,” a track statement said.
Track owner Chuck Brennan hosted an auction for the race facility on September 15, with an opening bid of $3.15 million. However, several potential bidders both on the site and online failed to place a bid, according to a statement on the track website.
Track officials are now asking for a “deeply discounted, temporary purchase price” of $6,299,999, which will be sold on a first come, first served basis.
Brennan purchased the track in 2015, changed the name from Huset’s Speedway to Badlands, and completed upgrades to the facility.
The track had previously reported a noise ordinance from the county, stating the speedway had lost its grandfathered exemption letting it operate. Speedway officials, however, published the letter the track received rescinding the past noise ordinance notice.
“We all truly hope we can pass the torch on to a new ownership group as soon as possible… We have put forth an incredible price and value for this historic piece of property and legendary race track and concert venue. We know time is of the essence as the off-season is the best time for the business to generate income by selling advertising, sponsorships, VIP luxury suites, reserved seating and much more, to get ready for the gates to open to the thousands of race fans who have entered our gates over the past 60 years,” a track statement said.
