Approaching a deadline to finalize an agreement to bring NASCAR back to Nashville Fairgrounds Speedway, Speedway Motorsports Inc. and the Metro Fair Board still have much to do.
In fact, there is so much to be decided that the July 31 deadline appears likely to require an extension to the Letter of Intent signed by SMI and Nashville Mayor John Cooper, meaning the stated goal of a race by 2022 may be in doubt.
That Letter of Intent mandated that either party could walk away from the provisional agreement if a contract hadn‘t been signed by July 31. It also allows either party to modify the agreement or extend the deadline.
— Autoweek —
AND:
No vote scheduled/final contract wording set … Nashville deputy mayor Bill Phillips told Nashville Fair Board today he didn’t think it will be an issue to extend July 31 deadline for city to reach agreement w/Speedway Motorsports to renovate/operate Fairgrounds Speedway.
— Bob Pockrass (@bobpockrass) July 13, 2021
Community organization Stand Up Nashville presented results today of its neighborhood (2-mile radius) survey on proposed Nashville Fairgrounds Speedway expansion/operation by Speedway Motorsports. More than 500 residents responded. Knocked on 1,000+ doors. Some slides: pic.twitter.com/ibplXsFRh9
— Bob Pockrass (@bobpockrass) July 13, 2021