Utah Motorsports Campus is set to go up for public auction, the Tooele County Commission has announced, in the latest development for the track formerly known as Miller Motorsports Park.
The facility, currently operated under a lease by Mitime Utah Investment LLC, will now go to the highest bidder due to a pending lawsuit between the county and a real estate development firm.
Center Point Management, LLC alleges a breach of conduct in the initial sale of the property, as it had placed a larger offer than Chinese-based MiTime, which the county had initially awarded to in 2016.
While an auction date has not been set, it’s understood Mitime holds a contract for operations through the end of the year, thus not impacting any race events in 2017, including the Pirelli World Challenge round in August.
“As a Commission, we have fiercely advocated that the Utah Motorsports Campus continue to be managed and operated as a public racetrack,” a statement read.
“We hope this will be at the hands of a reputable company who understands the importance of this tourism draw to Tooele County.
“UMC is an economic driver in Tooele County and directly correlates to hundreds of jobs. This is a long-term investment for our community.”
Mitime, a division of Geely Automobile Holdings, revealed expansion plans for the facility last year, under the direction of former track general manager Alan Wilson.
Wilson has been tabbed to design nearly a dozen new circuits in China, funded by the automotive giant, which owns Volvo and recently purchased Lotus.