I prefer going to the drag strip, but Auto X is fun and worth a try if you've never gone.
Wow, really! I hadnt heard about that. Here's hoping someone steps up and operates the road course there. Its nothing world class I dont think, but looked like a fun time.Bondurant filed for bankrupcy and closed their doors. Word at the track last weekend was they arent reopening
Bondurant filed for bankrupcy and closed their doors. Word at the track last weekend was they arent reopening
Reportedly owed between 1-10 million to creditors. .... 1-10 is a big spread now that I think about it...Hard to believe, but apparently they're back open again. Bondurant Racing School Is Back Open For Now As It Reorganizes Under Chapter 11
That's good for the valley. Sunday was the fist time I've driven the Mondo track. I wish they could figure out how to drop the prices a little. The last time I looked track days were absurdly expensive.Hard to believe, but apparently they're back open again. Bondurant Racing School Is Back Open For Now As It Reorganizes Under Chapter 11
Who ends up paying for these companies declaring bankruptcy?Reportedly owed between 1-10 million to creditors. .... 1-10 is a big spread now that I think about it...
Reportedly owed between 1-10 million to creditors. .... 1-10 is a big spread now that I think about it...
I think the court works with creditors in chapter 11 to restructure repayment and possibly write off some of the debt in exchange for a promise to fully pay a smaller agreed amount. I think chapter 7 used to completely eliminate all debt.That's good for the valley. Sunday was the fist time I've driven the Mondo track. I wish they could figure out how to drop the prices a little. The last time I looked track days were absurdly expensive.
Who ends up paying for these companies declaring bankruptcy?