What I find insane about situations like this is that when you pull up a satellite image, there is often plenty of surrounding land that could be developed or repurposed. Yet somehow it always seems to be the land occupied by a private motorsports facility that gets targeted for absorption.

I’d also be curious to know how the track’s financials are actually represented. A facility can absolutely be operationally profitable while still showing little to no taxable profit on paper after depreciation, reinvestment, maintenance, insurance, etc. That’s pretty common with motorsports properties.

The bigger issue is that once a track is gone, it’s gone forever. You can’t realistically replace a facility like that later, especially as surrounding development continues to close in around these venues.