kelloggs5TLfan
Team Owner
Smith decides to keep Lowe's Motor Speedway right where it is
By SHARIF DURHAMS - The Charlotte Observer
http://www.thatsracin.com/242/story/9604.html
Concord Mayor Scott Padgett's phone rang just before 6 p.m. Wednesday.
On the other end of the line: Lowe's Motor Speedway owner Bruton Smith.
"We have an agreement," Smith said.
With that, the speedway will stay in Concord, where Smith's company will receive about $80 million in incentives in return for spending at least $100 million on renovations and upgrades.
By SHARIF DURHAMS - The Charlotte Observer
http://www.thatsracin.com/242/story/9604.html
Concord Mayor Scott Padgett's phone rang just before 6 p.m. Wednesday.
On the other end of the line: Lowe's Motor Speedway owner Bruton Smith.
"We have an agreement," Smith said.
With that, the speedway will stay in Concord, where Smith's company will receive about $80 million in incentives in return for spending at least $100 million on renovations and upgrades.