New race track for Houston

Star State Investments Inc. announced on Tuesday that they plan to build a state-of-the-art superspeedway on 2700 acres of land they recently purchased 25 miles south of Houston, Texas. Design of the $100 million privately funded facility is to...

Star State Investments Inc. announced on Tuesday that they plan to build a state-of-the-art superspeedway on 2700 acres of land they recently purchased 25 miles south of Houston, Texas. Design of the $100 million privately funded facility is to begin in the next six months with construction scheduled to begin in late 2002 or early 2003.

The track, which plans to feature stock car and open-wheel racing, will seat 75,000 people and accommodate 150,000. Several consultants from the motor sports industry have been lined up to help with the project.

Star State's chairman and CEO Tom Floyd, a former marketing officer for Pennzoil, said that the track will not be "a cookie-cutter track like the newer ones being built." Star State has no contracts in place with any sanctioning bodies but Floyd stated, "We are building a state-of-the-art facility and I hope that by doing this, that the sanctioning bodies will want to put some races on this facility. But we have no guarantees or anything."

The track will be located on Texas 288 at FM 1462, just south of an area that Houston businessman Bobby Wayne had chosen as a location for the facility he had planned to build. Wayne has not been able to put funding together to do so, though.

Houston is the nation's fourth largest city. Presently the NHRA Power Dragracing Series and and World of Outlaws are the only major series that race in the area. CART has raced downtown the last four years but is on a two year hiatus until road and building construction in the area is completed.

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Series Automotive , General