Memphis Motorsports Park Auction Information 
Dover Motorsports Inc. the possessor of Memphis Motorsports Park, has retained Morris Auction Group to carry the sale of the Memphis Motorsports Park at auction, which will take place Tuesday, December 14that 10 am. The live auction will be held on site at the former NASCAR and NHRA racing facility, 5500 Victory Lane inMemphisTN, which is situated just off Fite Road in north Memphis.
The auctioneer is subject to the world and bidder's registration will start at 8 am. The auction will admit the total racing facility including the racetrack, drag strip, road course, all equipment, tools, furniture and former personal property.
The real estate will be offered in two tracts. Tract 1 contains approximately 115 acres and themile, oval, former NASCAR racetrack. Tract 2 contains approximately 227 acres and the former NHRA drag strip and road course. Bidders may bid on Tract 1, Tract 2 or both.
The auction's personal property includes Kawasaki Mules, tractors, restaurant equipment, vehicles, office furniture, shop tools and equipment, and often more. All items will be available to preview prior to the auction on Monday, December 13th from 10:00 am to 4:00 pm.
"We have had several buyers from about the area look at buying this property, but we decided that the better way to experience all potential buyers compete for the place was through the auction method," said Michael Tatoian, executive vice chairman of Dover Motorsports Inc. "We hired Morris Auction Group because we know Jeff and his team give the reputation, experience, professionalism and commitment to have this a successful sale for everyone involved."
"We are pleased that Dover Motorsports has chosen our house to trade this fantastic facility," said Morris Auction Group President Jeff Morris. "There has already been a big deal of interest in this place and we expect to have spirited bidding for this unique opportunity."
For more data around the Memphis Motorsports Auction, including bidding requirements, directions, photos and a complete inventory list, please see http://www.morrisauctiongroup.com/ and snap on Upcoming Auctions. (11/16/2010)(Morris Auction Group PR)
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