Quote:
Originally Posted by sammyg2
(Post 5959778)
I thought those race tracks fell victim to urban sprawl?
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Actually, Riverside did become worth more at the one end (T-6, 8) for commercial property. The rest of the land eventually was developed, but surely must be the epicenter of foreclosure city nowadays.
Ontario could not make the bond payments, so it was foreclosed on in a sense. Selling the land for more commercial development was about the only option. While some think that the Ontario Mills Mall is built on the former speedway property, that is mistaken.
Riverside made it all the way into the very early 90's IIRC, but was in disrepair and on crutches. Officially, it closed in '89, but I think there was still some limited activity out there. Ontario was clearly killed by the gas crisis of '78 and survived only until '80. They started demo pretty soon after that. There is a "Porsche Way" somewhere near the old T-3.
This Austin thing seems like a stretch to me.
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