$500 Million News Has Denny Hamlin & the NASCAR Fans Screaming “Holy Sh*t” as Fate of Kyle Larson’s Home Track is Sealed
Here it is. NASCAR is edging closer and closer to closing a gigantic deal, a deal which is, unfortunately, coming at a big cost and a big potential loss. The loss in this deal isn’t actually financial, quite the opposite on that front, actually.
The loss could be of a racetrack that fans and drivers both love.
It’s Kyle Larson’s Home Track, aka Auto Club Speedway, and according to journalist Adam Stern, it is closer than ever to being sold by NASCAR for a dollar figure of over half a billion. Stern reported the racetrack built by Roger Penske is going to be sold for $544 million.
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Fans left with a bitter taste after the Fontana sale report
What NASCAR aims to do with the money is to invest in fan experiences, renovate their already diverse schedule, and pay off some of the debt they owe.
But all these plans didn’t exactly sit well with the fans as they called out the sale of the racetrack, And among those raising their voice, there was Joe Gibbs Racing driver and 23XI Racing co-owner, Denny Hamlin.
Adam!!!
— Denny Hamlin (@dennyhamlin) February 25, 2023
Ahhh there it is, ISC debt . They will take 10k and put in new toilets in like 1 track that’ll be the fan experience upgrade lol
— Rob (@robelliott6) February 24, 2023
I would have sold it at that price too. Holy shit. Now build old Bristol. 36 degrees of banking and asphalt, please.
— Ricky Hardin (@HardintheWall) February 24, 2023
Can't say I'm into this.
— AC (@TheStroBro) February 25, 2023
Well, I guess that explains that. Still mad but now atleast I understand why.
— Brendan Sanders (@BASReport2018) February 24, 2023
It's cute all the people who think theyre actually going to build a track now.
— Todd (@todd2428) February 24, 2023
It’s a shame they keep losing the best tracks. Chicagoland now Fontana. And the other tracks they are ruining with awful repaves and reconfiguring. NASCAR brass is really puzzling me lately.
— james reddy (@jdogreddy) February 24, 2023
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Guaranteed the fans are the ones that will lose in this deal. What about all the fans that love to camp out? Nascar doesn't care, all about that tv money.
— Thomas Carson (@thomasmcarson3) February 24, 2023
Why do NASCAR Drivers love the Auto Club Speedway?
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NASCAR drivers like Ryan Blaney, Chase Briscoe, and Corey LaJoie were a few who professed their love for Auto Club Speedway amid recent reports of it going off the schedule in 2024 and it potentially turning into a short track.
Blaney described the track as “one of the funnest, coolest race tracks.” “It is a big, slick, multiple-lane groove race track. It is bumpy and rough and drivers love that stuff,” he explained according to Auto Week.
For Briscoe, the racetrack is “so fun” from a driver’s point of view “because it’s so slick.”
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But it was LaJoie’s comments that explained the love for the track, and also the sad reality behind it all.
“I don’t think it’s super exciting to watch necessarily, but we went there last year and it was a pretty good show,” LaJoie said. “NASCAR has to adapt and change with the changing landscape of just the economy.”
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“That land up there is super valuable so they can pay for a reconfiguration and make money on the backend of it in addition to that, then that’s what they’re going to do.”
Edited by:
Ranvijay Singh