CHANDLER, Ind. (WEHT) After several attempts to prevent the auction of Chandler Motor Speedway, the race park has finally been sold.
The speedway was officially auctioned off Wednesday for $376,200, which includes the buyer’s premium. We’re told the buyer is represented by Baker Auction Realty and is from out of town. The former owner, Reno Fontana, tried several times to prevent the auction.
While some are happy the area will soon be under new ownership, others are worried about what the future may hold.
“I think it’s a fantastic day for the town of Chandler just because this property has been held in limbo for many months so I’m happy to see the process unfold,” said auctioneer Andrew Wilson.
For many in the area, the track is a part of their home.
“You lived and died from it,” said Timothy Baker. “I started when I was 22.”
“Every time a car goes down the track you can hear it,” said Timothy’s father, Harold Baker.
The Baker’s family lives next to the track and used to own it, but had to declare bankruptcy a few years ago.
“I wanted it to move on, so I’m glad it’s over with,” said Harold Baker. “It hasn’t been exactly happy but I’m glad it’s over with because the stress has been terrible.”
Now, Harold and his children dream dream of the day when they’ll be able to watch cars race from their own front yard once again.
“You really need it, they need it badly,” said Timothy Baker. “Most of the kids don’t have hot rods anymore. They don’t seem to be interested in racing that much and it would be nice if they’d get interested.”
The next step is for formal legal paperwork to be processed so the property can be officially turned over to the new owners within the next 30 days. There is still no word yet on what the new owners plan to do with the property.
(This story was originally published on Feb. 12, 2020)