SBD/1/Facilities Venues

BRUTON SMITH REVVING IT UP IN FT. WORTH

     "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).
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