Owner IRG Sports & Entertainment says it isn’t considering offers to reopen the former Moroso racetrack.
Warehouse builder Portman Industrial is no longer the driving force behind plans for the now-shuttered Palm Beach International Raceway.
While the demise of the warehouse giant has race fans hoping the property could be snatched up by a racetrack operator, the owner of the nearly 60-year-old venue slammed the brakes on that option.
Continue reading “Palm Beach International Raceway: Portman Industrial’s warehouse plan spins out”Formula Race Promotions, with Indy champ Danny Sullivan, says it will reveal location of massive complex in early June.
A racing group that includes one time Indy 500 champion Danny Sullivan says it will unveil plans in June for a massive racetrack complex on 900 acres in Martin County to replace the now-shuttered Palm Beach International Raceway.
The group, Formula Race Promotions headed by Al Guibord, tried but failed to buy the 175-acre PBIR, which is under contract to warehouse-builder Portman Industrial.
Continue reading “New race track? Rejected PBIR bidder to announce Martin County site”
