The Rusty Wallace Racing Hall of Fame is announced that Bill Sanders, Founder of the Hall, and Eddie Hurley, Principal of Lakeview Management and Development LLC, have signed a Letter of Intent and reached an agreement in principle to jointly develop the Rusty Wallace Racing Hall of Fame in Morristown, Tennessee. The Hall site will be located just northwest of the I-81/US 25E Exit 8 Morristown interchange in south Hamblen County. Only an hour southwest of Bristol Motor Speedway, 40 miles northeast of Knoxville, and 22 miles from the I-40 Sevierville Exit 407 interchange, the site is in the heart of the tourism corridor of East Tennessee and NASCAR country. A press conference officially announcing this agreement and providing details will be held at the Holiday Inn-Conference Center in Morristown at I-81 Exit 8, which is adjacent to the proposed Hall of Fame site, at 12 Noon on Wednesday, August 22, 2007. It is anticipated that the founder of the Hall, the developer, area elected officials, and several others who are to be involved in the project, will be in attendance at the news conference. They will answer questions regarding it, and make themselves available for media interviews for both print and broadcast regionally and nationally. Preliminary plans for the estimated $2 million privately owned and operated project will include construction of a 10,000 square foot facility that will include a visitor center, NASCAR-themed gift shop, refreshment center, and the state-of-the-art Racing Hall of Fame display.(Rusty Wallace Racing Hall of Fame PR)(8-21-2007)
