SBJ/March 6 - 12, 2006/This Weeks News

Source: Charlotte wins NASCAR Hall

NASCAR is scheduled to announce today that Charlotte has won the yearlong race to land the sport’s Hall of Fame, multiple sources said.

Charlotte initially beat out Kansas City and Richmond, Va., before finally edging Atlanta and Daytona Beach, Fla.

“It’s a done deal,” one source said. “Charlotte’s got it.”

The announcement is scheduled to take place this afternoon in Charlotte, and the City Council will likely complete the deal in a meeting this evening.

Charlotte’s winning proposal consisted of a $137.5 million downtown building that would be primarily paid for through a 2 percentage point increase in Mecklenburg County’s tax on hotel rooms, as well as contributions from state government and local companies.

City officials are expecting at least 400,000 people to visit the museum each year and an annual economic impact of $100 million.

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