The property includes a ranch style home on the property with two race tracks
The New Stateline Speedway opened in 1956 with help from Len Briggs, Lloyd Williams, Marv Thorpe, Don Frank and Jerry Frank. The 1/3-mile clay oval is located in Jamestown, NY.
Track Location: 4150 Kortwright Road, Jamestown, NY
Classes: Challengers, Rush Pro Mod, UMP Modified, Modified, Penn Ohio Pro Stock, Ruch Late Model and Super Late Model.
Michael McVinney, a real-estate broker in Jamestown finalized the details of the listing on Saturday.
“The biggest thing is that they’re currently not planning on closing at this point,” McVinney told The Post-Journal on Tuesday. “They want people to take it over and continue it on and maybe add onto it for more events. That’s really the biggest thing.”
JJB Holdings Inc are the current owners of the facility. It was purchased in 2015.
Dirt Track Listing
The listing comes with far more than the track itself and the 97 acres of land attached. It also includes the buildings on the property as well as the equipment used to manage and maintain the track.
An additional go-kart track is also on the property.
“Stateline Speedway has begun a quest to find the right people to carry on the long tradition of racing in Chautauqua County, New York. They will not be closing their doors; it is simply the right time to consider the next step of the Stateline Speedway legacy. The current owners are hoping to find the right people that can not only maintain all that has been created, but also add new excitement and put their own stamp on it.”
“This is an ideal property for a racing enthusiast with marketing and business skills. Classed as a Value Add property, you will definitely have a wide scope to make even more improvements. You could consider adding new events and race classes to attract even more spectators. What about drag racing, Motocross, and BMX? With a total of 97 acres, you could also consider offering weekend camping sites, farmer’s markets, live music events, vintage car shows, and much, much more.”
The grandstands feature a seating capacity of 6,000. VIP seating is available via booths.
Price: The current asking price is $899,000.
Click here to see the listing.
