23rd Nov2017

UMC Settlement Details

by Michael Chandler

IF you listened to this week’s podcast, and made it to the end, congratulations!  It’s a trek.  If you did that, then you’ll remember how we talked about the settlement Tooele County and Centerpointe/Andrew Cartwright reached, and how that could affect the sale of the property.  Well, thanks to some reliable sources who were there and posted details on Facebook, we can bring them to you!

The Money

In total, Andrew Cartwright and Centerpointe will be receiving $1.5 million dollars.  The first $750,000 will be distributed upon dismissal of the lawsuit in the courts.  The second $750,000 will be distributed when the track is sold OR March 31, 2018 hits.  Whichever comes first.  Why they’re getting that $1.5 million, and the conditions are in the glorious, glorious details

The Details

The biggest, and most welcomed one, is that Cartwright and Centerpointe and affiliated parties CANNOT BE PART OF THE BID/SALE/PROPOSAL PROCESS MOVING FORWARD.  They won’t be buying the track!!!  At least that’s how I’m reading this.  Also, Centerpointe’s first lawyer is making a claim to a portion of that settlement money, BUT that’s an issue between the lawyer and Centerpointe and shouldn’t have any effect on the sale process moving forward.

Other Important Stuff

We don’t know if the county is going to restart the proposal process, open it up to bids, or transfer it to an RDA and sell it to an existing party from there.  Personally, I think it should go into the RDA and be sold to an existing party.  Probably the one that’s currently managing the facility and has expressed interest in upgrading and making the facility better for us all.  

All three of the county comissioners voted in favor of this, and one believed that this (getting a settlement) was Cartwright’s plan the whole time.  If that was, then A) he took the really long and complicated route to get $1.5 million B) was probably hoping for more and C) wasn’t counting on one of his attorneys making claim to some of that money.  Call me crazy, but I think there are easier and quicker ways to make $1.5 million dollars.  

Anyway, there you have it.  You know all of what we know, and you got some of our opinions to boot!  It’s a Thanksgiving miracle.  We’ll have more on this as it develops, and we want to hear from you on this!  Is this a good move?  Should MiTime buy the track, and move forward with their plans?  What would you have done?  Are a cardigan and some khakis appropriate Thanksgiving attire?  LET US KNOW!

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16th Sep2015

Center Point Seeks Restraining Order to Block Sale of MMP

by Michael Chandler

WERC endurance race 2015 MMP Michael Chandler CAMautoMag-12

Just when everything was looking good for the future of racing in Tooele, someone has to come along and spoil that.  Center Point Management, aka Andrew Cartwright, has filed suit against Tooele County and Mitime, the company who has agreed to buy the facility.  They’ve requested an injunction and a restraining order blocking the sale of Miller Motorsports Park to Mitime.  For those who have no idea what I’m talking about, let me fill you in on how we got here:

  • The Miller family announced they would not be renewing their lease of the property that the track sits on
  • The county sought people to buy the track so they wouldn’t be stuck with a track they couldn’t afford to operate
  • Mitime, a subsidiary of Geely (the people who own Volvo, and a large auto manufacturer in their own right) and Center Point made proposals.
    • Mitime’s includes upgrading the track to higher FIA grades, building a small oval, and establishing manufacturing facilities on sight
    • Center Point’s included rezoning for residential development, and promises to make “best efforts” to keep the racing school and tenants
  • Mitime was declared the winning bidder, despite offering less money than Center Point
  • Andrew Cartwright suddenly began touting the sale as illegal and un-American

And here we are.  In the documents filed Center Point is claiming “irreparable harm” if the sale goes through, and that the sale was/is illegal because it wasn’t the highest bid.  Honestly, I think the claims are ridiculous.  Center Point won’t be harmed because they didn’t win the bid, and us locals won’t be harmed because we’ll have a track to race on in the future.  Residential developments near racetracks aren’t good, they lead to things like noise complaints, which lead to noise restrictions on the track, which means teams have to fit quieter exhausts to the cars, which means they have to spend lots of money on one-off exhausts for a single race.  Eventually those complaints will make the track unprofitable, and then it’ll become more houses or condos and we’ll have to travel out of state to race.  Or in our case, cover races.

TrackStar1.com has the motion for the restraining order and the memorandum with all of their claims.   Hat tip to Jerry Carson, a local motorcycle racer, for bringing this to our attention.