NORMAN, OK (June 1) -- Boundless Motor Sports Racing, Inc. (OTCBB: BMSR) (Boundless) announced Tuesday that it has completed the purchase of Rolling Wheels Raceway Park in Elbridge, NY, from Glenn Donnelly, Bruno DeMatteo and Paul Vitale (the ...
NORMAN, OK (June 1) -- Boundless Motor Sports Racing, Inc. (OTCBB: BMSR) (Boundless) announced Tuesday that it has completed the purchase of Rolling Wheels Raceway Park in Elbridge, NY, from Glenn Donnelly, Bruno DeMatteo and Paul Vitale (the "owners").
The 5/8-mile oval dirt track with seating for 6,000 built in 1971 will host 11 races this season, including Wednesday's Boundless World of Outlaws Sprint Series event.
The World of Outlaws Sprint Series raced at Rolling Wheels Raceway Park 25 times between 1980 and 2003. Steve Kinser, who will celebrate his 50th birthday at Wednesday's race, has won nine "A" Features at the facility, while 1990 Kevin Gobrecht Rookie of the Year won five. Mark Kinser won two main events and set the track's qualifying standard with a 138.393-M.P.H. lap on June 2, 1999. Jeff Swindell became the first World of Outlaws Sprint Series driver to win two "A" Features at the same track on the same day at Rolling Wheels Raceway Park on October 8, 1994.
One of three founding-member speedways established by DIRT Motorsports, Inc., in 1976, Rolling Wheels Raceway Park has matured into one of the most respected ovals on the entire circuit. The unique specials-only race format, which includes Sprints, 358-Modifieds, Sportsman and Pro Stock Divisions, has continued to produce a hotbed of trackside activity for both fans and drivers alike.
"The Rolling Wheels acquisition is a continuation of our business plan that we implemented in the fall of 2003," said Paul A. Kruger, Boundless Chairman and CEO. "We look forward to the closing of the DIRT transaction as that too is an integral part of our corporate strategy."
"Having been the president of DIRT Motorsports for the last 28 years, I'm pleased with the closing of Rolling Wheels and look forward to participating in the execution of Boundless' corporate strategy," said Donnelly, President of DIRT Motorsports.