Racetrack For Sale • 20,240 SF
Listing by: Team Scarborough | CA #01182792 1170 Coast Village Rd | Montecito, CA 93108 Once In a Lifetime Opportunity to own “The Fastest Track in the West” The Iconic Willow Springs International Raceway is a 600-acre complex of 7 racetracks embracing nearly every motor sports discipline. Famous worldwide, Willow Springs boasts a number of signi?cant ?rsts: the ?rst two NASCAR events west of the Mississippi, ?rst Int’l Motorcycling Federation race held in the US, ?rst American Motorcyclist Association events, ?rst 24-hour motorcycle endurance race, ?rst kart road racing in America, & the ?rst CA Sports Car Club racing on a purpose-built road course. Located an hour north of Los Angeles, near Lancaster, the 2.5-mile road-racing circuit is patterned after the great courses and road-racing traditions of Europe, and is unchanged from its original 1953 configuration. Investment Highlights: • On average, Willow Springs track rental rates are 55% below comparable raceways. • Drive additional track rentals through an increase in SEO and marketing campaigns. • Create operational efficiencies and reduce expenses by modernizing management. • Upgrade digital interface to allow for a streamlined booking experience. • New ownership should consider capital expenditures to improve facility functionality. • Further investments can generate demand for, but not limited to, the following: - high-end clientele - professional and corporate events - membership-based revenue stream - increased gate fees and concession sales - additional lodging options and long-term garage rentals Please refer to the listing-specific website for additional information, offering memorandum, and access to property reports. All site visits must be coordinated in advance with Agent.