Sources: Ballmer Wants New Arena For Clips Vikings Select Firms To Build New HQ LAFC Mulls HQ, Complex In Tustin SMI Takes Revenue Hit In Q2 Report Beaver Stadium Capacity Likely To Get Smaller Seahawks/Sounders Looking For Naming Rights Turner Field Area Could Become College Stadium Kentucky Scores Big With Luxury Football Seating Redskins Sell Naming Rights For Team HQ Sources: Isles In Talks For Arena At Belmont Park
BRUTON SMITH REVVING IT UP IN FT. WORTH
Published March 1, 1995
"Millionaire auto racetrack owner" Bruton Smith announced yesterday that he is going to build "the perfect speedway" near Fort Worth at a cost of over $75M. The Texas Motor Speedway will have "initial seating" for 150,000, "with plans to expand to a 270,000 operation." A sports authority will be created to issue bonds that will be sold to "finance purchase of the site and build the speedway." Bill Thornton, VP of Economic Development for the Fort Worth Chamber of Commerce, said the new speedway "has the potential for the same type of impact in every way that a National Football League franchise has" (Smith & Martin, FT. WORTH STAR-TELEGRAM, 3/1).