Tax Deal Could Rev Up Adirondack SpeedwayIt's a major step in the effort to bring auto racing back to New Bremen. The Adirondack International Speedway is getting a new deal on its taxes. The track closed in 2009 because owners say they couldn't afford the high taxes, which at at one point reached nearly $100,000 a year. The New Bremen town board passed a resolution Monday night setting the speedway's value to less than $600,000. That value will stand until 2015. Track owner Paul Lyndaker says he expects it will bring his tax burden under control... and he's optimistic the engines will once again roar in new bremen. "We're very confident we can start racing next year," Lyndaker said. "We wanted to do something, even a nice event this year," he said, "but we're not sure how we can arrange it to fit in with the rest of the tracks in the area, because we'll be using area cars and regional cars." The track owners still have some negotiating to do with Lewis County leaders before racing can begin. |
Saturday, May 25, 2013
, Watertown, NY
This content requires the latest Adobe Flash Player and a browser with JavaScript enabled.
Click here for a free download of the latest Adobe Flash Player.
What's On TonightFull ScheduleOn Wall Street |
