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Rockingham Speedway avoids receivership: Like a real-life Rocky Balboa' Andy Hillenburg refuses to stay down. After spending the last seven years battling to revive the legendary Rockingham Speedway' the former ARCA racing champion has taken his share of lumps. Hillenburg and his partners returned NASCAR racing to The Rock in 2012' when the track hosted an event on the NASCAR Camping World Truck Series. The Trucks raced there again in late 2013' but a NASCAR K&N Pro Series East event scheduled for November of last year was cancelled' with the sanctioning body saying that the track "failed to meet its obligations." Since then' there has been little in the way of good news from the Richmond County oval. Until [now]. Battered' bloodied' but unbowed' Hillenburg climbed off the canvas yet again ....' confirming that after a hearing in Richmond County Superior Court' a new plan is in place to save the track from financial receivership. Farmers and Merchants Bank of Salisbury' NC' had asked that the track be placed into receivership as a first-step toward seizing control of the facility and putting it up for auction. However' with the assistance of a group of advisors' Hillenburg has assembled a new business plan that he hopes will put the speedway back on solid financial ground. "We went in front of a judge recently and presented our proposal'" said Hillenburg. "We explained that we need 90 days to perform the necessary due diligence' and he issued a Bridge Order to continue the case until today. Now' he has approved our request' and the speedway will remain in our hands." Hillenburg stressed that the deal is not yet complete' saying' "Our request was for the procedings to be delayed' in order to allow us to assemble a new financial plan. We now have until Jan. 1' 2015 to finalize a workable financial plan with our new partners. Our goal is to return racing to The Rock' put the track on solid financial footing and continue to make a positive contribution to our community."(Godfather Motorsports)(10-16-2014)
27 posted on 10/16/2014 5:09:23 AM PDT by mabarker1 (congress, The Opposite of Progress.)
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Energizer serving as Larson's sponsor at Talladega: For the final superspeedway race of the NASCAR Sprint Cup Series season, Kyle Larson welcomes Energizer to the track as the primary sponsor on his #42 Chevy SS. Larson will trade in the familiar Bullseye on his hood for the iconic Energizer Bunny, as he looks to keep "going and going" around the fast Talladega Superspeedway. At Talladega, Energizer once again looks to provide fans with fun, exciting and unique experiences. Larson looks to bring the excitement on the track, and a SWAP team will provide some fun off the track. During the race weekend, the SWAP team will take to the campgrounds to trade out race fans' batteries with Energizer Powerseal batteries. The Powerseal batteries give consumers peace of mind by protecting devices from damaging leaks, which has been a longstanding, industry-wide issue with alkaline batteries.(Chip Ganassi Racing), see an image of the car on the #42 team paint schemes page.(10-16-2014)
28 posted on 10/16/2014 5:12:18 AM PDT by mabarker1 (congress, The Opposite of Progress.)
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