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Rockingham Speedway goes up for auction

NASCAR Camping World Truck Series at Rockingham Speedway in 2013 (photo courtesy of Getty Images for NASCAR).

NASCAR Camping World Truck Series at Rockingham Speedway in 2013 (photo courtesy of Getty Images for NASCAR).

By AMANDA VINCENT

 

Rockingham (N.C.) Speedway will go up for public auction next month, with bids expected to be taken for 10 days, beginning at 11 a.m. ET May 5 at the Richmond (N.C.) County Courthouse. A notice of foreclosure sale was filed in Richmond Superior Court earlier this month. According to that notice, the sale will include “the real property, together with all rights, privileges and appurtenances thereto. . . and the personal property described in the deed of trust.
Former NASCAR driver Andy Hillenberg bought Rockingham Speedway, formerly known as North Carolina Speedway, with the nickname, “The Rock,” in 2007 and hosted NASCAR Camping World Truck Series, ARCA Racing Series and USAR events. A Truck Series race in 2013 was the final race at the track. Under previous ownership the track also hosted NASCAR’s Cup Series. NASCAR’s premier series last raced at the track in 2004.
A consent order was signed in 2014 that stated the track should be sold or auctioned by March 15, 2015, to put off foreclosure proceedings by Farmers and Merchants Bank against track owners Hillenburg and Bill Silas for defaulting on a $4.2 million loan. But no action was taken by that deadline.
According to X-Cup’s James Martin and Super Cup Stock Car Series Director of Competition Joe Schmalling, a veterans group had a lease with Hillenburg to hold races at Rockingham in 2016, but that lease has been terminated.
Follow Auto Racing Daily on Twitter @AutoRacingDaily or like Auto Racing Daily on Facebook (facebook.com/autorcngdaily). Amanda’s also on Twitter @NASCARexaminer and has a fan/like page on Facebook: NASCAR Examiner

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Posted by on April 27, 2016. Filed under Breaking News,Featured,NASCAR. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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