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New Banning strip is 'dead in the water'

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  #1  
Old 01-29-2008, 12:05 PM
Jackee Allen's Avatar
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New Banning strip is 'dead in the water'

Permit to build drag racing strip in Banning revoked | Inland News | PE.com | Southern California News | News for Inland Southern California
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  #2  
Old 01-29-2008, 12:31 PM
TOOLMAN
 
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Re: New Banning strip is 'dead in the water'

This is unbelievable, opportunities like this just don't come around that often. It sounds like the developer could not come up with the funding for this project.
The city and people of this community are all for this, hopefully they will find a developer that can fund this. I mean you have the land, the interstate and the city support, what more could you ask for.
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  #3  
Old 01-29-2008, 12:40 PM
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Re: New Banning strip is 'dead in the water'

By show of hands ... who is surprised by this announcement?
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  #4  
Old 01-29-2008, 01:12 PM
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Re: New Banning strip is 'dead in the water'

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Originally Posted by Chris Cook View Post
By show of hands ... who is surprised by this announcement?
You crack me up!
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  #5  
Old 01-29-2008, 01:17 PM
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Re: New Banning strip is 'dead in the water'

And then there's this to add to the excitement...

http://www.courthousenews.com/2008/01/16/DragCity.pdf
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  #6  
Old 01-29-2008, 01:25 PM
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Re: New Banning strip is 'dead in the water'

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Originally Posted by Bill Sweeney View Post
And then there's this to add to the excitement...

http://www.courthousenews.com/2008/01/16/DragCity.pdf
That's gonna leave a mark!
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  #7  
Old 01-29-2008, 02:35 PM
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Re: New Banning strip is 'dead in the water'

Quote:
Originally Posted by Bill Sweeney View Post
And then there's this to add to the excitement...

http://www.courthousenews.com/2008/01/16/DragCity.pdf
That was filed in Jan 2007..

What a fargin mess!
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  #8  
Old 01-29-2008, 03:16 PM
TOOLMAN
 
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Re: New Banning strip is 'dead in the water'

Quote:
Originally Posted by Bill Sweeney View Post
And then there's this to add to the excitement...

http://www.courthousenews.com/2008/01/16/DragCity.pdf
Are you sure this is not a script for a Hollywood movie.
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  #9  
Old 01-29-2008, 03:30 PM
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Re: New Banning strip is 'dead in the water'

Quote:
Originally Posted by David Williams View Post
That was filed in Jan 2007..

What a fargin mess!

No, read it again. 01/07/2008.
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  #10  
Old 01-29-2008, 03:49 PM
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Re: New Banning strip is 'dead in the water'

I just bummed out that these same guys commisioned the fabled "Surfers" slingshot dragster to be re-created. I think it was approx 90% finished when this whole mess started. I hope someone steps up and finishes that car. Pat Foster did the work so it's pretty much as good as the real deal - if not better.

Dale
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  #11  
Old 01-29-2008, 03:57 PM
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Re: New Banning strip is 'dead in the water'

IMHO this was a scam from the beginning. They NEVER had the money to build anything, and expected deep pockets would get excited & come running with the money to build the track.

The saddest thing of all is that they have the "Surfers" car and will not sell it. I've heard it was never totally paid for, but I can't confirm that. They don't deserve to have that car, just like they had no business trying to build a race track.

Anyone remember how the Dad got in my face several years ago for questioning their honesty & committment? Hummmm.....can you say "I told you so".
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  #12  
Old 01-29-2008, 04:18 PM
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Re: New Banning strip is 'dead in the water'

Quote:
Originally Posted by Bobby Miller View Post
That's gonna leave a mark!
Great John Candy quote Bobby.
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  #13  
Old 01-29-2008, 04:32 PM
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Re: New Banning strip is 'dead in the water'

Hate to see it happen, but it was inevitable. This thing has been a clusterf, for the past few years.
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  #14  
Old 01-29-2008, 04:54 PM
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Re: New Banning strip is 'dead in the water'

Banning didn't get built for a variety of reasons many of those had to do the City administration itself. The FAA land release alone took 5 years out of our 7 years to complete.

Sure we had a “project approval” back in 2002 but why would investors take a multimillion-dollar risk to build just a portion of a drag strip and wait for more land (FAA approval) that was not going to be guaranteed that it could be used for the rest of track.

So, investors came and went and we continued.

The City kept telling us that the FAA land release would be around the corner back in 2002. Now flash forward to Nov. 2006. That is when the OK finally came from the FAA for the City to sell to our group. Then a protected species, known as a “burrowing owl” was discovered on the released 20 acres and was not mitigated until March 2007, thus putting the project on hold again.

Once more, investors came and went and we continued.

Finally, in October 2007 our main money guy, Tom Searles, couldn't come up with the funds necessary to close escrow on the FAA /City 20 acres (40 we already own) and BOOM!, that was the end. The City terminated the Master Agreement.

We got rid of Tom Searles and took back 100% control of our project again after letting him lead us for 3 years. But by then, the damage was done and last night (Jan 28, 2008) the City revoked our UUP Permit. Our attorney was present and submitted evidence at the meeting for a lawsuit will be filed against the City, shortly.

We tried like hell and no one will loose anything, but us in the long run. All our investors (3 = $250,000 cash & $50,000 in services) and local sponsors ($80,000) will be paid 100% back after we sell our 40-acre parcel.

What you don't know is how much we personally spent and contributed in time.

Anyone can file a lawsuit, maybe I can file lawsuit for the slanderous remarks that many are making on this board? Its worth $500 just to see that don't you think?

As for the Surfers car, it is finished and IS NOT FOR SALE. When Adam Sorokin and Tom Jobe decide to debut it, then that is when it will be publicly unveiled.

For those who believed and supported us…. THANK YOU!

For those of you who didn't….. WE FORGIVE YOU!

God makes all just in the end. And for us this isn’t our end. We look at Banning now as a lesson and a reason to keep moving forward to bring the DRAG CITY dream elsewhere.
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  #15  
Old 01-29-2008, 06:46 PM
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Re: New Banning strip is 'dead in the water'

No Offense Andy....But, Build it...and they will come! I remember hearing about this track many years ago, and how it was going to bring a STATE OF THE ART FACILITY BACK to Southern California. Hell, one of the major Reason's I got my Competition License and have kept it current for the past few years, was so that when your "TRACK" opened up, I would be there to RACE at the Grand Opening of MOPAR DRAG CITY! I even convinced a good friend of mine in So Cal to let me drive his Super Comp Dragster at the race! But, where are we today???? ZERO! Which, no matter how you try to spin it, is exactly what you've got.....ZERO!

In playing poker, I've learned some good lessons. The Best one is, Never play with money you don't have! I BELIEVED IN DRAG CITY, IN BRINGING DRAG RACING BACK TO SO CAL, AT THE LEVEL IN WHICH IT DESERVES TO BE AT. I was at the last drag race at OCIR, and RIVERSIDE, and Competed at Carlsbad until it too finally went away.

I wish you the best of Luck in following your dream of Bringing Drag Racing to Southern California Andy, and If I could help in any way to make it happen, I would. God know's that the birthplace of Drag Racing as we know it, should have a state of the Art facility for all to race at. But, please next time, when you have the land, and SPONSORS and OPENING DAY ALL SET UP....Build the thing before you announce it.
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