SBD/1/Facilities Venues

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  • CHARLOTTE'S WEB BECOMING EPICENTER OF RACING INDUSTRY

              The Charlotte Motor Speedway (CMS) has become the
         "preeminent racing facility in the country, second perhaps
         only to Indy, and that's primarily on historical value,"
         according to Steve Goldberg of CHARLOTTE magazine.  The
         development of the track has "permanently changed the
         spectator and business sides of racing," creating a "new
         growth-industry base for the region with significant
         economic impact."  The success "is directly attributed" to
         parent company Speedway Motorsports "high-octave mixture of
         innovation and emulation," and since '75, track owner Bruton
         Smith and CMS President Humpy Wheeler have spent "more than"
         $200M on improvements.  Wheeler says the key to CMS' success
         is the "three T's: tickets, traffic and toilets."  According
         to a '96 study by UNC-Charlotte, CMS "is the nucleus of a
         local industry that has grown over" 48% in the past five
         years.  In the area, 135 motorsports-related firms have
         created 1,790 jobs, with a payroll of $71.4M and $207M in
         direct expenditures, and an additional 3,347 jobs and "some"
         $258M in indirect expenditures (CHARLOTTE, 10/97).
    
    

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  • FACILITY NOTES

              The CoreStates Center will add a cigar bar to its Red
         Bell Brewery and Pub in November.  The bar will be for
         members only, with membership ranging from $300-400 for
         season-ticket and premium-seating customers, and around $500
         for the general public (PHILADELPHIA DAILY NEWS, 10/1).
         ....The MLB Giants, the city of S.F. and Baykeeper, an
         environmental group, announced they have negotiated an
         agreement to increase environmental monitoring at the site
         of the Giants' new ballpark.  That "removes the final
         obstacle" for the new park, and groundbreaking is planned
         for mid-November (S.F. CHRONICLE, 10/1).
    
    

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  • MAVS AND STARS MAY BE CLOSE TO A DALLAS ARENA DEAL

              Top Dallas officials met Tuesday with Stars and
         Mavericks officials, "suggesting to some that the parties
         may be close to striking an arena deal," according to Todd
         Gillman of the DALLAS MORNING NEWS.  Dallas City Council
         members said the city "seems to be emerging victorious after
         days of meetings" and Stars Owner Tom Hicks "reinforced that
         belief."  Hicks: "We're closer than we've ever been before. 
         I think if things are going to come together, they're going
         to come together in the next few days."  Mavs Owner Ross
         Perot Jr. met with Cowboys Owner Jerry Jones, and a "high-
         level Cowboys official" said Perot wanted to discuss a
         possible joint arena-football stadium with Jones. Stars and
         Mavs execs "called the idea unlikely" (MORNING NEWS, 10/1).
    
    

    Print | Tags: Dallas Cowboys, Dallas Mavericks, Dallas Stars, Facilities, Southwest Sports Group
  • ORIOLES AND MSA SPAR OVER ENTERTAINMENT CONCEPT

              The Orioles and the MD Stadium Authority (MSA) "appear
         to be on another collision course as the state agency moves
         forward this week with plans for a Niketown-type
         entertainment complex at Camden Yards -- a development the
         team bitterly opposes," according to Jon Morgan of the
         Baltimore SUN.  The MSA "is expected" to issue a "formal
         request for ideas to develop the land -- now a parking lot  
         -- between the Ravens' and Orioles' stadium."  The MSA wants
         to "incorporate a parking garage into the development and
         pay for it with revenue" from the complex.  But the Orioles,
         while "eager to replace parking lost to the construction of
         the Ravens' stadium, prefer a parking garage be built across
         the street," on a site now occupied by businesses.  Orioles
         attorney Alan Rifkin said that the club would "take legal
         action to block the entertainment complex," but the MSA said
         that the team "cannot prevent development on the state-owned
         site as long as it does not interfere with baseball games"
         (Jon Morgan, Baltimore SUN, 10/1).  
    
    

    Print | Tags: Baltimore Orioles, Baltimore Ravens, Facilities, NikeTown
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