Report from Motorsport News International

NASCAR Public Relations

ISC's Kansas City speedway set for 2000

DAYTONA BEACH, Fla. (Oct. 6, 1997) Officials from the new Unified Government of Wyandotte County/Kansas City, Kan., and International Speedway Corporation (ISC) have announced the conclusion of a 60-day exclusive negotiating period for the development of a world class, 1.5-mile oval superspeedway in the western sector of Kansas City, Kan. The estimated $197 million project, which will be a public/private partnership, will be a state-of-the-art facility that will be located on approximately 1,000 acres of land at the northwest corner of Interstates 70 and 435. The track, which is scheduled for completion in the year 2000, will initially have seating for 75,000. "Today is a major step toward having a world class speedway in Kansas City, Kansas," said Mayor/Chief Executive Officer Carol Marinovich. "It is now up to the attorneys to finalize all the necessary agreements. When the development agreement is finalized, it will go before International Speedway Corporation's Board of Directors and the unified board of commissioners for approval." Mayor Marinovich said the public and private partnership wouldn't have been possible without the support of the State of Kansas, and specifically Governor Bill Graves. "We're pleased that we have successfully concluded the 60-day negotiating period," said Grant Lynch, an ISC vice president. "We have worked very hard with Kansas City, Kansas officials and Kansas state officials and have found them to be very good negotiating partners." "We are looking forward to working with representatives of the unified government to finalize the Development Agreement and break ground on this exciting project.," said ISC President Jim France. Wyandotte County Administrator Dennis Hays said he expects the project to go before the unified board of commissioners "by mid- to late- November for consideration of final approval." "We truly appreciate the good faith negotiations which took place during the past 60 days. We are proud of the partnership we have established with the quality individuals from the International Speedway Corporation, and look forward to them becoming a permanent member of our community."