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pettyfan4life
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* Houston Proposed Track: haven't heard much on this in a while: Star State Investment Inc. purchased 2,700 acres of land and announced Tuesday its intention of developing a superspeedway along Texas 288 in Brazoria County [TX]. The company plans a privately funded, $100 million venue, with construction tentatively beginning in late 2002 or early 2003, said Tom Floyd, Star State's chairman and chief executive officer. The last time big-time racing was held in Houston was an appearance by the CART series in October 2001. Because of construction downtown, CART racing will not return to Houston this year. Floyd's track would be able to handle a NASCAR Winston Cup race, but the Winston Cup schedule is full, and NASCAR officials have said in the past they will not expand it. NASCAR officials could not be reached for comment Tuesday. The superspeedway would seat 75,000 people and accommodate 150,000 people, counting the infield. Floyd said it was premature to begin lining up races but isn't worried about the speedway going unused. Floyd said he is confident in the investment in a track that would be 25 miles from the heart of the nation's fourth-largest city. A former marketing officer for Pennzoil, Floyd has met many people in the racing business. He said he has a leg up on the competition because he knows the sport.(Houston Chronicle), see past news on proposed Houston tracks on my Houston Past News page.(7-17-2002)