Posted by NASCARdude on January 4, 2010
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Since there is again no significant news, I thought that I would talk about the future of the Milwaukee Mile. This was the first paved track in America. People tend to forget that. That is due to the fact that Indianapolis had the first 500 mile race in America, and after that, Milwaukee and almost every other track in America was second-rate after that.
The track suffered no doubt due to the fact that it did not have a Sprint Cup race. Tracks need Sprint Cup races in order to ensure long-term survival for many years. We have seen what happens to tracks like Memphis and Mansfield that had races in the Nationwide Series and the Truck Series. They can't last very long unless they get Sprint Cup dates.
Tracks like Kentucky and Nashville are in much better shape, but they would probably need Sprint Cup dates to ensure long-term health.
Anyways, getting back to Milwaukee. The track is in so much debt because it probably took on more races than it could handle. They would have benefited from giving up on IndyCar and focusing on the lower NASCAR divisions, but they had too much history invested in the series to bail on it. That is probably what caused the track to fail.
Those are tough decisions that track operators have to make. You have to decide what racing series will benefit your track the most, regardless of the history invested. Milwaukee did not do a very good job managing that. It is not over for them yet, but it certainly does not look good. The debt is enormous and someone would really have to take a hit to get it fully operational again. We shall see if anyone takes on that challenge.
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