Monticello — The Milwaukee Mile track in West Allis, Wisconsin closed last week.
Whether the country's oldest automobile racing facility lives to see its
107th birthday is in question.
The facility has lost money for the past several years. Texan Claude
Napier had no financial backers when he assumed the lease on the track late
in 2008.
"ŒIt depends totally if I'm able to get some investors," Napier said. "I
knew I was going to be short of money."
Napier's organization, Wisconsin Motorsports, owes NASCAR nearly $1.9
million for staging two races in June and owes the Indy Racing League an
undisclosed amount for its weekend in May. The organizer of a spectator
event in August‹the track's final opportunity for a significant payday this
season‹said this week that he is ready to walk away from his commitment.
NASCAR held Nationwide Series and Camping World Truck Series races at
the track in June.