
Milwaukee Mile promoter pulls out: Tony Machi, whose investor group wanted to promote races at the Milwaukee Mile, told Wisconsin State Fair Park officials on Tuesday that his group is pulling out. Machi's decision means the future of the historic racetrack is in jeopardy. The 106-year-old track is the oldest continuously operated speedway in the country. Machi said Tuesday that his group, which includes local businessman Jim Beaudoin, could not reach agreement with NASCAR. NASCAR has scheduled two races next summer at the track, but wanted Machi's group, Historic Mile LLC, to pay sanction fees run from last summer's races as well as the fees for the two races next summer. Machi said he had funding for the 2010 races, but could not come up with funds to pay NASCAR. With Historic Mile out, the focus now shifts to the Giuffre brothers, local businessmen who have promoted races at the track before. The Giuffres had made their intentions known months ago, but State Fair officials elected to negotiate with Historic Mile first.(Milwaukee Journal Sentinel)(11-4-2009)
