The track owners have now spoken up and confirmed that we were right and the mainstream media just reposted crap they found in an old IRC channel. That probably isn’t entirely true but here are some facts the track OWNERS (not managers) released about the future of Irwindale.
STATEMENT FROM NU-WAY INDUSTRIES, INC.
There have been numerous rumors regarding Irwindale Speedway. Please permit
this statement to provide clarification:
1) THE PERMANENT TRACK GRANDSTANDS ARE NOT (NOR ARE THEY IN ANY DANGER OF) BEING TORN DOWN. There was a report that the portable, temporary bleachers
outside the first turn were being dismantled. That is correct. Those
temporary stands were rented and the company that owned them was simply
removing their property.
2) THE TRACK WAS NOT BUILT OVER A POTENTIAL MINING SITE, IT WAS A SAND AND
GRAVEL MINING SITE, AND AFTER MATERIALS EXTRACTION, BECAME A MINING
RECLAMATION PROJECT. THE SITE CANNOT BE MINED. There are a set of very
strict rules about the use and development of this sort of property, which
are being carefully followed. In 1993, the City of Irwindale approved the
site to be used as a Swap Meet, and in 1997, approved its use as Irwindale
3) NU-WAY INDUSTRIES, INC. OWNS THE LAND, THE RACE TRACK, AND THE EQUIPMENT TO OPERATE THE TRACK. An entity called Irwindale Speedway, LLC. leased the
facility from Nu-Way Industries, Inc. On February 13, 2012, Irwindale
Speedway, LLC filed for protection from creditors under Chapter 7 of the
4) BECAUSE OF THE CHAPTER 7 BANKRUPTCY FILING BY IRWINDALE SPEEDWAY LLC,
THE COURT IS IN CONTROL OF THE PROPERTY AT THIS POINT. HOWEVER, NU-WAY
INDUSTRIES, INC. IS ACTIVELY SEEKING A POTENTIAL BUYER FOR THE COMPLETE
FACILITY. A hearing will be held soon in order to return the facility to
Nu-Way Industries, Inc. control.