View Full Version : Before the rumors start

Bill Howell
03-07-2011, 06:10 PM
I received this today from the track,

Dear Track Day Provider,

New Jersey Motorsports Park (NJMP) announced a reorganization plan that includes the restructuring of debt, addition of new equity, and the filing of Chapter 11 today, in a move that management feels confident will secure the Park’s future operations. We wish to emphasize that these changes will have no effect on 2011 scheduled events or other social events booked at NJMP. All current and future track rental deposits are secure and will be credited to your account. Payment for all scheduled track rentals is expected per your Facility Rental Agreements. We look forward to an exciting 2011 season and continuing our relationship with you.

So, if you hear rumors, don't worry, our date is set and is fine. Like alot of places, Chapter 11 is a reality these days, but it will not effect us. I just wanted to post this up so you know the truth from the horse's mouth, we are fine.

03-07-2011, 06:59 PM
That's good enough for me Bill,,,,, we're on bud.