Miller racing park stopped operating.
TOOELE – larry h. miller’s dream is coming to an end.
Miller Motorsports Park announced Friday that it would stop operating on Oct. 31.
Larry h. Miller (Larry h. Miller) boss gale Miller (Gail Miller) in an email, said: “on behalf of my family, I thank all those who for many years to support local and global track, they warm happy to use the facilities. A statement issued by the organization.
In its press release, the miller group announced that it had decided not to renew its lease on the tueller county area and to close the track, the first reported by Deseret News.
“How unfortunate,” he said.
Milne introduced the “cordial and professional” meeting between the commissioner and representatives of the miller group late Friday. He declined to speculate on why miller had made the decision.
“We’re either going to be given a whole new business unit or we have the opportunity to hire a very unique business unit,” Milne says.
The commissioner continued: “I don’t think counties usually run a track – a world famous and beautiful circuit. “So we can keep our core competencies, and look for other people to pick up legos, build their own stuff, or we can try to invent the wheels.
Mr. Milne said the committee wanted to attract the operation of another entity to take over the facility, and the miller group had agreed to participate.
“This is part of our conversation this afternoon,” the commissioner said. “They assured us that we believe there will be a smooth transition.”
Miller park will remain open throughout the season. The full timetable for the summer games, driving schools, public kart and collective activities will be held as planned, the group announced. A full day open party will be held on May 16.
Miller racing park opened in 2006 as one of the best racing facilities in the world. That, however, is a huge drain on Larry h. Miller’s Group of Companies, which has lost millions of dollars since starting a business.
At the time of the opening, the 511-acre facility was the longest road race in North America, with all the cars except formula one. The park also has a 4.5-mile route, divided into roughly equal lengths of western and eastern tracks, as well as the 0.89 mile kart racetrack.
Over the years, Alan Wilson design circuit has held high-profile events, including the American le mans series, nascar series (western countries), FIM superbike world championship and the AMA superbike championship.
A spokesman for the miller group said that while the decision seemed abrupt, it had been a long time.
Linda Luchetti, LHM’s executive vice President for communications, said: “we are facing a deadline for land lease renewal and have decided to transfer land, rail and buildings to Tooele county. “We have invested heavily in facilities over the years and tried various business methods. We have some of the best people in the car industry and have contributed to the development of the park. “
Despite these efforts, she said the property would never be profitable.
Luchetti added: “this decision helps us define our long-term success, which is consistent with other changes in our recent management structure. “As a diversified company, our focus is still on the core business we excel at.”
Miller said the circuit was “a dream come true,” but it was an expensive dream – exactly $100 million, miller said in a biography written by Doug Robinson. Mr. Miller said the spending continued for a long time after it began operating.
Miller said: “to tell you the truth, miller group’s motorway has always been an ugly descendent. “It loses $2 million a year. This is far beyond its time. In recent years, cars have swept the country, but Utah has not. It is difficult to play people as spectators. The circuit has been recognized around the world, but few people in Utah know it. “
Greg Miller, a former chief executive (Greg Miller) on the racecourse, said: “the timing is not good, sponsorship has diminished, entertainment expenses is useless, but my father stick it on the vest, he does not involve sports entertainment organization Miller group), he did it by himself. ”
Finally, people close to Larry Miller have a philosophy.
Greg miller says: “some people build swimming pools in their backyard or tennis courts. “He wants a runway. His yard isn’t big enough.”
Robert Yardley is worried about how the closure of Miller Motorsports Park will affect his own small business. He launched Yardley Racing in 2014 and built and sold high-performance karts in Tooele track and elsewhere in the west.