Veteran race promoter Bob Sargent will take over the lease at Fairgrounds Speedway Nashville in 2020.
As a result, Track Enterprises will manage seven weekly events for local divisions, including the marquee Pro Late Model division at the historic Downtown Nashville short track, in addition to three special events.
Those special events include the ARCA East division, North-South Super Late Model challenge and the JEGS Tour Pro Late Models on May 2-3. The North-South Super Late Model challenge is co-sanctioned by the CRA Super Series, Southern Super Series and CARS Tour.
The second special event will take place on July 18 when the annual Masters of the Pros event moves from Memphis International Raceway to the Fairgrounds.
The agreement also includes the marquee All-American 400, which is scheduled for October 31-November 1.
The news follows the Nashville Metro Fair Board terminating the final two years of a five-year agreement held by Formosa Productions due to the group failing to pay an outstanding debt that was once revealed as totaling $129,400.
Sargent and Track Enterprises have long promoted an ARCA Menard’s – Super Late Model doubleheader during the spring months but that event was in limbo following the contract termination.
“We already had a relationship” Sargent said during a press conference on Saturday at the Performance Racing Industry trade show. “We’d been there for five years running the ARCA national series. We had a good relationship with the fairgrounds, and I think we were always in talks about the future.”
There is also the lingering NASCAR consideration.
Speedway Motorsports, Inc. struck a deal with Formosa Productions last year as a preliminary step to bring NASCAR national touring events back to Nashville in addition to weekly racing.
Sargent says he doesn’t plan to impede that progress at all.
“Of course, the soccer stadium is big news in Nashville and the (SMI) interest is big news,” Sargent said. “We just wanted to make sure the facility (kept) going while all this is going on. I think the future, short term, 2020 is solid. We would like to continue going at the facility in our role. A lot of that will depend on how the NASCAR and/or soccer develops.”
The City of Nashville is currently reviewing a new proposal from Speedway Motorsports.
In the meanwhile, there is a delay on the construction of the Major League Soccer stadium amidst conversation that it could ultimately be move to a new site.
Mayor John Cooper is in the first two months of holding his office, and while believed to be generally supportive of the Speedway and the State Fair, all the public gestures coming from his office is that his staff is reviewing all the relevant facts to date.
For now, local racing will remain a fixture at the venerable .596-mile short track, and it will be commandeered by one of the elite promoters of the midwestern grassroots racing scene. Track Enterprises holds over 80 events across ARCA, USAC and Late Model racing.
“This is really not unlike a lot of the other events we do,” Sargent said. “We go in and we try to make a really good facility, good events, customer relations, participant relations, just trying to make the whole experience good from the racer standpoint, the fan standpoint, the sponsor standpoint and the media standpoint.
“We’ll work very hard on that.”
The familiar concessions group will remain at the track as well.
“D&D Events is excited to partner with Track Enterprises and it is our hope to keep racing alive and well in our great city of Nashville for the 2020 season. We enjoy and appreciate the racing community and want to continue to be a part of the great sport of racing while offering support to the drivers and fans.” says Randy Dyce, Owner of D&D Events, Inc.