The West Palm Beach Int'l. Raceway in FL is going to be developed, maybe. There is now a court case. The owners wanted to develop it as a club with homes and garages for guys who wanted to be by a racetrack, but the plans were shot-down: "wetlands."
Now an out of state developer wants to build a million sq ft warehouse, they have local approval, no mention of wetlands that stymied the racetrack from their plans to keep it a racetrack, and add housing and far-less industrial space.
Portman Industrial LLC, a division of Portman Holdings, is under contract to buy the raceway, according to a memorandum filed on Sept. 3 with the Palm Beach County Clerk's Office. Portman plans to tear down the 149-acre track complex and build warehouses, according to knowledgeable sources.
Sep 21, 2021
Did Palm Beach International Raceway get bought out?
Formula Race Promotions seeks to build racing tourist attraction
The developers who want to save the old Palm Beach International Raceway on Beeline Highway say they are not giving up despite a deal in place to turn the facility into a warehouse type facility.
By:
Matt Sczesny
Posted at 3:52 PM, Oct 26, 2021
and last updated 6:11 PM, Oct 26, 2021
PALM BEACH COUNTY, Fla. — The group that wants to save the Palm Beach International Raceway said they are not giving up despite an announced sale of the property.
RELATED: Pitbull voices support to save Palm Beach International Raceway
There is a deal in the works to turn this old raceway into a warehouse-type facility, but the group that hopes to save it said they're still trying.
Formula Race Promotions had launched a public campaign to buy the property and turn it into a racing tourist attraction.
Representatives from the group were in town Tuesday because they say there is still interest in their proposal and how it might attract tourists to Palm Beach County.
Al Guibord speaks about his group's plans to save the Palm Beach International Raceway.
"It's really not so much a new strategy, but the tourism and development council asked us to come in and speak about the impact of our vision of the track, what we wanted to do and they're very delighted to hear about expansion possibilities and what it means to the local economy down here," said Al Guibord with Formula Race Promotions.
Former Indy 500 champion Danny Sullivan is among those trying to save the track.
"I'd still like to see it happen. We do not plan on going away until they start scraping the track," Sullivan said.
Guibord said his idea still has the interest of the Palm Beach County Tourism Development Board.
"We're going to come down again in December, and they'd like us to do a formal presentation to the board and explain to them exactly our vision for the area and really the impact from a tourism perspective," Guibord said.
It's not clear if this will have any impact on the sale to the other buyer in the private sale, but it does seem to indicate there is interest still in finding some way to keep the raceway.
"It's in a great location. It's been here 62 years," Sullivan said.
WPTV
Former race car driver Danny Sullivan speaks his support to save the race track in Palm Beach County.
In a memo filed with the county in September, a firm called Portman Industrial has agreed to buy the property and essentially locked out any more potential buyers.
But apparently, there are zoning hurdles to clear for the deal and the racing developers said they essentially want to keep the track just as it is.
"The biggest thing is, from what we're told, this is not over by any means. This is a long process," Guibord said.
The Tourism and Development Board could issue a letter of endorsement for the raceway plan to the county commissioners, who must approve any zoning changes.
"We're not trying to say, 'Don't put logistics centers in.' That's great. We just think we'd like to see it in another location because this location is already a race track," Sullivan said.
"It's been here 62 years," Sullivan said. Former race car driver Danny Sullivan speaks his support to save the race track in Palm Beach County. In a memo filed with the county in September,
a firm called Portman Industrial has agreed to buy the property and essentially locked out any more potential buyers.
Oct 26, 2021
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