June 24, 2005 in Region

Bremerton area may get NASCAR track

Associated Press
 

PORT ORCHARD, Wash. – International Speedway Corp., thwarted last year in a plan to build a NASCAR racetrack north of Seattle, said Thursday it has chosen a new site near Bremerton.

Officials of the auto racing development and promotion company based in Daytona Beach, Fla., told a news conference they want to build an 80,000-seat track on 950 acres near state Route 3, south of Bremerton National Airport.

Financing plans were not released at a news conference, but Grant Lynch, vice president of ISC, estimated $120 million in annual economic impact from the $250 million track and said no new taxes would be required to foot the bill.

If the Legislature approves and county permits are issued, construction could begin in 2007 or 2008 on a track of 7/8 of a mile to 1.2 miles.

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