Nashvilles Fairgrounds Speedway, saved….for now: Nashvilles Fairgrounds Speedway, a 53-year-old track where many of NASCARs giants competed over the decades, has avoided the wrecking ball at least temporarily. Metro Council on Tuesday voted to hold off on demolishing the track as part of a redevelopment of the 114-acre city-owned property. The vote was a major setback for Nashville Mayor Carl Dean who had lobbied hard for the tracks destruction.
A campaign led by former Speedway racers Sterling Marlin, Darrell Waltrip, Chad Chaffin and others was able to gain the reprieve for the track. They want to present an alternate plan for the site a plan that will preserve auto racing, the State Fair, Flea Market and other traditional events. The Save-the-Track group, with Marlin its most visible spokesman, is requesting a 15-year lease from the city to allow investors to make capital improvements. Theres too much history here to just pave it over, said Marlin , whose father Coo Coo was a four-time track champion in the 1960s. Sterling added three more championships in the 1980s before moving on to a NASCAR career that was highlighted by two Daytona 500 victories.
The mayor claimed that the Fairgrounds property could be re-developed and used to increase tax revenues. His critics pointed out that the same could be said for the thousands of acres of city parks, golf courses, tennis courts and even a sailboat marine that the city owns and maintains at taxpayer expense. During a heated Tuesday night Council meeting, a neighborhood group complained that the track noise hurts their quality of life and reduces real estate values. But track proponents pointed out that the track has been there for 53 years and racing has been on the site for more than a century and anyone who moved into the neighborhood did so knowing they were moving next to a racetrack. It was also noted that the surrounding property was bought at bargain prices and would escalate in value if the track is demolished a real estate windfall that might be more of a motive than any improved quality of life. With the tracks demolition on hold, the next step in the process will be for Marlins group to present an alternate plan for the Councils consideration.(RacinToday)(1-20-2011)
