Author Topic: Canadian Racing On Line Exclusive. Barrie Speedway Sold To Investment Group. (Read 24600 times)

barrienews · « **on:** August 30, 2007, 03:16:31 PM »

Canadian Racing Online Exclusive. Barrie Speedway has been purchased by a multi million dollar local investment group. This will insure that the highly successful Stock Car Racing facility will move forward to the next level. Work has already begun around the grounds of the track in order to prepare it for late season and off season renovations. New improvements are to include an expanded grandstand (footings already poured), a back stretch flag stand and a much needed new deluxe tower with sponsor facilities. It was stated that the previous owners Steve St.Onge and Brad Moran had gone as far as they could go with Ontario’s premier facility.The new owners stated that In recognition of the die hard support of not only the drivers and their crews but also the many loyal fans that have already established an attendance record this year at Barrie, the new ownership group is willing to invest a further million dollars in upgrades and improvements. Please be aware this is Not yet another empty promise that we have been witness to in the racing world. Barrie Speedway will move on and continue to grow at an expediential pace under the direction of the multi million dollar investors group.A full press conference and official release is set to follow.

Linkback: https://www.canadianracingonline.com/smf/index.php?topic=6594.msg31400#msg31400

CanadianRacingOnline.com · « **on:** August 30, 2007, 03:16:31 PM »

Thayne · « **Reply #1 on:** August 30, 2007, 03:18:19 PM »

pardon my french but HOLY F***!

this is AWESOME...finally a second flag stand!!!!

source??

Linkback: https://www.canadianracingonline.com/smf/index.php?topic=6594.msg31401#msg31401

joeyw · « **Reply #2 on:** August 30, 2007, 03:21:53 PM »

Seems to be the truth and there is a pile of activity at the track .I wish them good luck it sounds like its going to be awesome

Linkback: https://www.canadianracingonline.com/smf/index.php?topic=6594.msg31402#msg31402

CanadianRacingOnline.com · « **Reply #2 on:** August 30, 2007, 03:21:53 PM »

hellothere · « **Reply #3 on:** August 30, 2007, 03:30:46 PM »

WOW this is awsome... this track is going places real fast wow wow wow
cant wait to see the changes

Linkback: https://www.canadianracingonline.com/smf/index.php?topic=6594.msg31403#msg31403

Thunder6 · « **Reply #4 on:** August 30, 2007, 04:02:59 PM »

Very interesting, hope the great things happening at Barrie Speedway will continue...

Linkback: https://www.canadianracingonline.com/smf/index.php?topic=6594.msg31406#msg31406

Justme · « **Reply #5 on:** August 30, 2007, 04:06:00 PM »

We heard about this yesterday, and talked to Moran, and apparently is supposed to be nothing more than a rumor supposedly...

Linkback: https://www.canadianracingonline.com/smf/index.php?topic=6594.msg31407#msg31407

hellothere · « **Reply #6 on:** August 30, 2007, 04:10:32 PM »

just called and asked steve he said no comment lots of people want to buy the track but he wouldnt say no?

?

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Thayne · « **Reply #7 on:** August 30, 2007, 04:15:40 PM »

huh, if he is saying no comment then its true....from my experience thats the way it usually goes. Did you call steeev at st.onge or the track? caus eif Steeve is at the track now you can be damned sure something is going down.

Linkback: https://www.canadianracingonline.com/smf/index.php?topic=6594.msg31410#msg31410

hellothere · « **Reply #8 on:** August 30, 2007, 04:22:42 PM »

didnt ask where he was, but he wouldnt confirm or deny it. Trying to get a hold of Brad now to see wtf. If its true its really cool, barrie has been growing and changing every year for a while now and this should make it even stronger as time goes. Gotta love it.

Linkback: https://www.canadianracingonline.com/smf/index.php?topic=6594.msg31411#msg31411

broadway · « **Reply #9 on:** August 30, 2007, 04:26:26 PM »

Its the truth, and l cannot understand why Moran would deny it, St. Onge has a lot more class "no comment" means its sold but we are waiting for a press release or similar. It is for real and we are very fortunate that the new group has purchased the track.The next few days will show us if Moran is telling the truth and my money says l already now the answer to that ??.I wish the new owners the best of luck a new broom sweeps clean and l believe its going to keep things moving to a higher level and l appreciate them mentioning the loyalty of the fans.

Linkback: https://www.canadianracingonline.com/smf/index.php?topic=6594.msg31412#msg31412

hellothere · « **Reply #10 on:** August 30, 2007, 04:30:58 PM »

broadway it is nice that they mentioned the fans and racers in there press release. I think it is good if non racing types buy it and then there cannot be any politics from the owners. I wonder who the investment group is??? Anyone have any ideas.

Linkback: https://www.canadianracingonline.com/smf/index.php?topic=6594.msg31414#msg31414

Thayne · « **Reply #11 on:** August 30, 2007, 04:35:12 PM »

Quote from: broadway on August 30, 2007, 04:26:26 PM

Its the truth, and l cannot understand why Moran would deny it, St. Onge has a lot more class "no comment" means its sold but we are waiting for a press release or similar. It is for real and we are very fortunate that the new group has purchased the track.The next few days will show us if Moran is telling the truth and my money says l already now the answer to that ??.I wish the new owners the best of luck a new broom sweeps clean and l believe its going to keep things moving to a higher level and l appreciate them mentioning the loyalty of the fans.

+1

I think the new group could include mebers of the old Barrie colts ownership group?? I know they were looking into buying the barrie baycats...

Linkback: https://www.canadianracingonline.com/smf/index.php?topic=6594.msg31415#msg31415

joeyw · « **Reply #12 on:** August 30, 2007, 04:45:41 PM »

I figured it out,Brad is so used to denying everything and saying "l didn't see it" at the track and in drivers meetings that he forgot that he had sold his part in the speedway maybe he had a memory lapse or simply "didn't see it "when he signed the sales contract. I will make sure l ask him in the drivers meeting on Saturday. The workers at the track told me the investors are from Toronto, Barrie And Orillia and are great people. Plus l am sure the Speedway would be a far better investment than the Baycats.

Linkback: https://www.canadianracingonline.com/smf/index.php?topic=6594.msg31416#msg31416

Thayne · « **Reply #13 on:** August 30, 2007, 04:52:40 PM »

Quote from: joeyw on August 30, 2007, 04:45:41 PM

I figured it out,Brad is so used to denying everything and saying "l didn't see it" at the track and in drivers meetings that he forgot that he had sold his part in the speedway maybe he had a memory lapse or simply "didn't see it "when he signed the sales contract. I will make sure l ask him in the drivers meeting on Saturday. The workers at the track told me the investors are from Toronto, Barrie And Orillia and are great people. Plus l am sure the Speedway would be a far better investment than the Baycats.

Oh it absolutely would...but I was just syaing i know of onbe group trying to buy things..so i just put that out there...lol...hopefully they can make this track awesome. I dont think we can make it big enough to ever run a NASCAR race on, but it can be THE PREMIERE facility in Canada.

Linkback: https://www.canadianracingonline.com/smf/index.php?topic=6594.msg31417#msg31417

mike32 · « **Reply #14 on:** August 30, 2007, 06:18:36 PM »

just as long as the investors aren't from Cayuga

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