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March 27, 2007

Goldy Connects The Dots

Goldy delivers a nice debunking of the proposed NASCAR track for Bremerton, pointing out that there's a perfectly viable plan on the table to bring NASCAR to Kent that doesn't require a massive taxpayer subsidy.

This isn’t about bringing NASCAR to Washington state, this is about crafting a sweetheart deal for ISC and the family that controls it. For if they really wanted to bring NASCAR to Washington, there is better alternative, near the heart of our state’s population center, that would require little if any public subsidy: Pacific Raceways, near Kent.

Pacific Raceways is located on a 330 acre site just outside of Kent, a quarter mile off Highway 18, with it’s own dedicated off ramp. Just 20 miles from both Seattle and Tacoma, there are plenty of hotel rooms in the region, and no major transportation improvements would be needed. The site is already zoned, and has been operating as a racetrack since 1960. And perhaps best of all, the local owners have plans to privately finance a $135 million upgrade and expansion that would be capable of attracting NASCAR, IRL and CART racing events.

Posted by Jon Stahl on March 27, 2007 at 05:51 PM in Policy, The Politics of Business | Permalink


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