Home Back Issues July 2006 New raceway planned for Morrow County

New raceway planned for Morrow County

| Print |  Email
Archives - July 2006
Saturday, July 01, 2006

{safe_alt_text}

BOARDMAN — Steve Brucker, senior vice president of Oregon International Speedway, is looking forward to transforming a bare piece of dirt near Boardman into a 81,500-seat mega road-racing complex.

In May, the voters of Morrow County overwhelmingly approved an 8%, 30-year excise tax on race tickets, goods and services sold within a raceway activity district to fund utility and infrastructure improvements for the complex. Speedway officials say the financing is in place for the remainder of the project.

Brucker anticipates the raceway, hotel and 5,000-space RV park will attract upward of 10,000 people a week. A grandstand will overlook a 2.5-mile road course, 5/8-mile oval track, banked “super speedway,” dirt oval track, drag strip and go-cart track. Races are expected to start in late 2008.

But given the recent construction boom in Central Oregon, he worries about finding the 700 or so construction workers to build the 4,000-acre project. Speedway officials estimate the operation is worth $1 million annually to the county tax coffers.

“We don’t need Nascar to make this venue a success,”
says Brucker.

— Robert H. Hamrick

Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

Who said we should sell in May?

Contributed Blogs
Friday, July 18, 2014
BullMarketBY JASON NORRIS | OB GUEST CONTRIBUTOR

Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”


Read more...

Blips and trends in the housing market

News
Thursday, June 26, 2014
062614 thumb realestateBY ERIC FRUTS | OB BLOGGER

Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?


Read more...

Portland: Where young people go to work?

News
Friday, June 06, 2014
UntitledBY KATIE AUSBURGER | OB GUEST CONTRIBUTOR

How to build a hipster-friendly work environment.


Read more...

The Scott Kveton affair

News
Wednesday, July 09, 2014
ScottKvetonBY LINDA BAKER | OB EDITOR

Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.


Read more...

The role of higher education as K-12 underperforms

Contributed Blogs
Friday, May 30, 2014
ThumbChalkboardBY DEBRA RINGOLD | OB GUEST CONTRIBUTOR

Since 1970 the performance of our public education system has steadily deteriorated.


Read more...

Oversight? Or gaming the system?

News
Monday, July 14, 2014
AmazonBY VIVIAN MCINERNY | OB BLOGGER

Some people think Amazon’s winking eye logo is starting to look like a hoodwink.


Read more...

Liquid gold

June 2014
Thursday, May 29, 2014
BY JENNIFER MARGULIS

Don Gentry navigates Klamath Basin water rights.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS