Carroll Properties, Inc. has purchased Louisville Motor
Speedway (LMS) from Kenny Stilger and Andy Vertrees.
Carroll Properties Chair Jerry Carroll will retain Vertrees
as LMS' promoter and GM, and will spend $400,000 for a new
racing surface (Carroll Properties). In Cincinnati, Terry
Flynn reported that Carroll and his four business partners
expect to spend $100M on the 60,000-seat superspeedway. The
partners "don't yet have a single commitment for a race date
from any major sanctioning body," but Carroll said is
confident the facility "will attract the big races."
Carroll's plans "call for an expansion to 180,000 seats by
2002." Carroll's partners include Richard Duchossois,
owner of Arlington Park race track; John Lindahl, a partner
in Turfway Park; Bruce Lunsford and Chris Sullivan, founder
of Outback Steakhouse and general partner of the MLB Devil
Rays (Terry Flynn, CINCINNATI ENQUIRER, 1/9).
In S.F., Matier & Ross write that the investigation
into "irregularities" in the 49ers stadium campaign last
June "is winding up," and that there is "little or no
evidence of ghost voting or any conspiracy by the stadium
campaign to steal the election" (S.F. CHRONICLE, 1/12).
A Dallas Morning News poll shows that "voters are
poised to approve" a $230M arena project, according to
Gillman & Lee of the DALLAS MORNING NEWS. Of those
surveyed, 54% will vote for the deal, 40% will oppose it and
6% are undecided. The poll, which surveyed 508 Dallas
residents last week, has a margin of error of +/- 4.5%.
Voters will decide Saturday whether to approve higher motel
and car rental taxes for the city's $125M share of the arena
deal. The survey found "virtually identical responses among
men and women and support among all age groups. But there
were significant gaps" among older and younger voters: 70%
of voters 18-35 years old said they support the arena,
compared with 42% of those 55 and older; 55% of those 35-54
years old favor the arena deal (DALLAS MORNING NEWS, 1/10).
PEROT AND HICKS CONTRIBUTE: A report filed Friday
revealed that the pro-arena Yes! for Dallas campaign has
raised more than $1.9M, including more than $1.6M from
owners of the Stars and Mavericks. Mavs Owner Ross Perot
Jr. has donated $815,250 toward the campaign, while the
Stars have contributed $807,250. The anti-arena group
raised $39,557 during the first reporting period and $36,665
in the second (DALLAS MORNING NEWS, 1/10).
GOTV EFFORT: In Dallas, Mavs players staged their first
campaign appearance for the arena at an area mall on
Saturday. At least 400 people attended (STAR-TELEGRAM,
1/11)....NBA Commissioner David Stern is scheduled to hold a
news conference today in support of the new arena from its
proposed site (FT. WORTH STAR-TELEGRAM, 1/10).
Reds Managing CEO John Allen said the team "won't enter
into an agreement for transformation" of Cinergy Field
"until architects and engineers assure the club a 1970s bowl
configuration can be turned into a 21st-century moneymaker,"
according to Hobson & May of the CINCINNATI ENQUIRER. MLB
is also "skeptical" of Hamilton County, OH, Commissioner Bob
Bedinghaus' prediction that a Cinergy Field renovation could
be on the "cutting edge of a new wave of designs in the
style of Anaheim Stadium's $100 million renovation." An MLB
source: "It's a reversal of the successful trends that have
been in the game recently. Anaheim has a baseball
footprint. Cinergy is more of a football print." MLB must
approve any stadium deal. Allen said that the team "runs
the risk of not drawing enough fans" with a transformation,
as opposed to a new park (CINCINNATI ENQUIRER, 1/9).