Developers hope deal is near on private racing complex in NW Indiana
07-24-2010, 11:45 AM
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Developers hope deal is near on private racing complex in NW Indiana
http://www.indystar.com/article/2010...EZhhCHfkhiI%3D
Developers hope to close in the next week on partial financing for a $170 million country club and private racetrack in Northwest Indiana that's also intended to be the set for a new movie about the Indy 500.
Four years in the making, Prairie Hills Motorsports Club would be built on nearly 970 acres in Newton County. It would have at least four interconnected tracks that total nearly 10 miles and could form the longest road course among private car clubs in the country.
Prairie Hills is proposed in the cornfields about an hour east of Chicago and two hours north of Indianapolis, a few miles off I-65 near the tiny town of Lake Village.
Partners in the development include David Bowers, Carmel, and Jason Benson and Chief Executive Officer Michael Krupka, both in Hinsdale, Ill. Key figures in the track layout are race commentator Derek Daly and track designer Paxton Waters.
Similar to the Palm Beach Driving Club in Florida, the Aspen Motorsports Park in Colorado, the Autobahn Country Club near Chicago and Club Spring Mountain Motorsports Ranch in Nevada, the new motor sports playground in Indiana is geared toward car clubs and others looking for a safe and private place to exercise their need for speed.
"Prairie Hills is first a motor sport club. You'll also see an outdoor theater for 6,000 to 8,000 people for concerts, a hotel and water park, a conference center and garages. It will be the premier family resort for motor sport enthusiasts," Bowers said. "It will combine high-speed excitement with resort luxury."
Developers hope to close in the next week on partial financing for a $170 million country club and private racetrack in Northwest Indiana that's also intended to be the set for a new movie about the Indy 500.
Four years in the making, Prairie Hills Motorsports Club would be built on nearly 970 acres in Newton County. It would have at least four interconnected tracks that total nearly 10 miles and could form the longest road course among private car clubs in the country.
Prairie Hills is proposed in the cornfields about an hour east of Chicago and two hours north of Indianapolis, a few miles off I-65 near the tiny town of Lake Village.
Partners in the development include David Bowers, Carmel, and Jason Benson and Chief Executive Officer Michael Krupka, both in Hinsdale, Ill. Key figures in the track layout are race commentator Derek Daly and track designer Paxton Waters.
Similar to the Palm Beach Driving Club in Florida, the Aspen Motorsports Park in Colorado, the Autobahn Country Club near Chicago and Club Spring Mountain Motorsports Ranch in Nevada, the new motor sports playground in Indiana is geared toward car clubs and others looking for a safe and private place to exercise their need for speed.
"Prairie Hills is first a motor sport club. You'll also see an outdoor theater for 6,000 to 8,000 people for concerts, a hotel and water park, a conference center and garages. It will be the premier family resort for motor sport enthusiasts," Bowers said. "It will combine high-speed excitement with resort luxury."
