Judge Vacates Sale of Miller Motorsports Park

Photo: John Dagys

Photo: John Dagys

The future of Utah’s Miller Motorsports Park has taken another unexpected turn, with a Tooele county judge vacating the sale of the facility to Mitime Investment and Development Group, due to an ongoing lawsuit.

Mitime, a wholly owned subsidiary of the Geely, China’s biggest independent automaker, purchased the circuit from Tooele County in August, announcing plans to inject more than $40 million into the property, which was to be renamed Utah Motorsports Campus.

However, a lawsuit filled by Center Point Management LLC alleged the sale was illegal, as the company had offered $27 million for the facility compared to Mitime’s $20 million.

“The county did not act in good faith in selling the property,” an attorney for the plaintiffs said in court Thursday.

As a result, Tooele County officials will now likely have to put the property up for auction again, giving bidders another chance.

Shawn Milne, Tooele County Commissioner, expressed disappointment with the judge’s decision.

“We are disappointed by the judge’s findings,” Milne said. “Tooele County is committed to bringing about the successful sale of the Miller Motorsports Park property.

“It is important to the citizens of the county that it remain a viable racetrack, and that the jobs and businesses associated with the facility, as well the revenue realized by the county and area businesses, remain intact.

“In light of the court’s decision, the County is considering several options to resolve this situation in both the short and long term.”

No timeline has been given for this process, which could have serious implications on 2016 racing plans at the facility.

Pirelli World Challenge had already announced an Aug. 12-14 race at the Mitime-owned Utah Motorsports Campus, while other series have also confirmed dates for next year.

Read More about the ongoing legal developments from a report by FOX 13 News Salt Lake City.

6 Comments

  1. Hedgey

    December 18, 2015 at 9:07 am

    Just bulldoze the place and bring the round to Watkins Glen instead. :p

    • someone

      December 18, 2015 at 11:00 am

      Yeah lets demolish all the race tracks in a time when few are being built….. dolt.

    • Gregt

      December 18, 2015 at 6:12 pm

      Yea because less tracks is exactly what the sport needs, maybe they should bulldoze IMS also then you could have an indycar race also!

      • Hedgey

        December 20, 2015 at 9:57 pm

        Wouldn’t be a great loss anyway as this flat, boring place could quite easily be replicated in a parking lot. The problem isn’t that there aren’t enough tracks, it’s that good tracks are underutilized because of politics and lack of vision and that means the gaps have to be filled with no-where places like this and godawful street tracks like Baltimore that pop up from time to time.

  2. NaBUru38

    December 18, 2015 at 6:32 pm

    Money is not just front cash. Geely could probably build a research center (self-drive, offroad, electric, hydrogen). Comoany X would likely just bring club and track day racers.

  3. Chance Hales

    December 19, 2015 at 1:16 am

    Andrew Cartwright, owner of Center Point Management, has been nothing but a sore loser since his offer was not accepted. His initial offer was $22.5M not $27M. Every time he has been interviewed since his offer number has increased. His proposal was a 5 yr business plan that was to put condos are the track which we know is race track poison and the place would eventually close for good. Mitime’s offer was $20M but also included a 20 yr business plan including investing $280M (not $40M) into the facility over that space of time including $8M in their first year of ownership. These plans included a 3/8 mi circle track, several different racing schools, and the manufacturing of race cars. All the current employees would be retaining their jobs as well as the race shops and teams that call the track home (which includes Vesko Kozarov, Sloan Urry, Madison Snow, Andy Lally, Lara Tallman, John Potter, Ian Lacy Racing, and many others). The president of the track was to be Allan Wislon, the original GM and designer of the track.

    Tooele County issued a statement today basically saying they are not giving up and are pushing through this speed bump in order to complete the sale as quickly as possible.

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