Monday, December 20, 2010
Kentucky Speedway Anticipating NASCAR Sprint Cup Race
KENTUCKY....
In anticipation of a NASCAR Sprint Cup race scheduled for July 9th, the Kentucky Tourism Development Finance Authority has approved incentives for the Kentucky Speedway, making the track eligible for up to $20.5 million in tax rebates over a 10-year period. Kentucky Speedway is undergoing an $82 million expansion. Governor Steve Beshear said in a statement Monday that the Sprint Cup race will have an annual $150 million economic impact in Kentucky. To accommodate the Sprint Cup race, seating capacity is being expanded from 60,000 to 102,000, and parking and camping areas are being enlarged.
In anticipation of a NASCAR Sprint Cup race scheduled for July 9th, the Kentucky Tourism Development Finance Authority has approved incentives for the Kentucky Speedway, making the track eligible for up to $20.5 million in tax rebates over a 10-year period. Kentucky Speedway is undergoing an $82 million expansion. Governor Steve Beshear said in a statement Monday that the Sprint Cup race will have an annual $150 million economic impact in Kentucky. To accommodate the Sprint Cup race, seating capacity is being expanded from 60,000 to 102,000, and parking and camping areas are being enlarged.
# posted by Homer Owens @ 11:14 PM 
