News

Actions

Tooele County commissioners set deadline on bid proposals for Miller Motorsports Park

Posted

TOOELE COUNTY, Utah -- Tooele County commissioners have set a deadline of Thursday at 4 p.m. to take proposals to buy Miller Motorsports Park.

The Larry H. Miller Group of companies announced in May that it would not renew its lease to operate the park after this season.

Instead of looking for someone new to lease the park the county, which owns all of the fixed assets and the land, wants to sell it all.

"We're looking for someone in a long-term perspective, yes we have to be, as part of our fiduciary responsibility cognizant what the upfront price is but we're also looking at what the long-term relationship with this community partner will be," said Tooele County Commissioner Shawn Milne.

The county hopes to announce a new owner by the end of the month. During a meeting on Monday night, a number of business owners that operate out at the park expressed their satisfaction that the county is moving fast.

"Due to the pace of motorsports, those decisions have to happen hard and fast, so now that we know the commissioner has paced a deadline on the bid process that's an encouraging sign for us," said Ian Lacey, the owner of a motorsports prep company that operates at the track.

The county hopes to see more encouraging signs in the future with a new owner that has an even larger investment.

"We're looking for someone that has skin in the game and is all in.  That restores confidence and predictability to the businesses that operate out here and the fans," said Commissioner Milne.