What Happened To Nazareth Speedway? [Expert Guide!]

It’s been a while since we’ve updated you on the status of Nazareth Speedway. What started as a weekly event at the beginning of the year became somewhat of a biweekly meet in the middle of the year, and it has now been a couple of months since our last report. So, let’s catch up and see what has happened at this point.

The Shop Open For Business

When we last checked in with the shop, it was still a mess. The garage had been open for several months, and there was still a lot of work to be done. Thankfully, the owners were able to secure a couple more months’ worth of funding, and they are currently taking down the walls that divided the space into two separate ones. Once that is done, they can start the process of transforming the garage into a functioning race shop.

The Building Hasn’t Restricted Access

When the garage was first built, it had a set of staircases that led up to a set of apartments on the top floor. The owner had initially hoped to rent the space out, but after the 2018 season had ended, he decided to make the building into a single home. The result was a restricted access garage and staircases that nobody wanted to use anymore because they were afraid of spoiling their view, or harming their property value. So, in one way, the building has benefited from being a race shop. It has doubled its worth, and it now generates enough revenue to cover the mortgage and other overhead costs.

Bringing In The Revenue

The biggest challenge for the shop is still trying to bring in the much-needed revenue in a sustainable fashion. They have tried a number of options, including; sponsorships, merchandise sales, and car demonstrations, to name just a few. However, it still doesn’t bring in enough money to cover their costs. Fortunately, they have been able to secure additional financing from a bank, and they are working hard to get back on their feet. They know that this is a slow process, and it could take several years to fully recover from this financial crisis. This is the main reason why they have decided to take down the walls and create an all-purpose space.

The Future Of The Racing Facility

Even though this is a challenging situation, the owners of the shop believe that there is still a lot of good that can come out of it. This is one of the main reasons why they want to rebuild the facility in the first place. The space will give them a chance to grow as a business, and it will also give them a chance to explore different forms of racing. They want to see how much revenue they can generate from rallying, and if there is enough interest, they might even build an off-road section on the property. Who knows? Maybe even add another track? Only time will tell.

What Hasn’t Changed

Despite all of this, there are still a lot of things that haven’t changed at Nazareth Speedway. The location remains the same. The parking still has the same restrictions. The shop still has the same set-up. And, most importantly, the people who live in the area and work at the facility remain the same. The area is still friendly, and the team is still looking for new members to join their cause.

So, if you’re reading this, Nazareth Speedway owners, and you’re interested in bringing this project to life, we have some good news for you. We have secured the services of a professional architectural firm, and they have come up with a design for the proposed garage and indoor activities space. Now, all that is left for you to do is make up your mind, and come up with the funding to make this project happen.

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