NASCAR President Steve Phelps has confirmed that the demolition of California Speedway has begun and plans are underway to turn it into a short track, most likely a half-mile race track. The timing for the construction is unknown due to factors such as inflation and cost of capital.
The future of Fontana is still to build a short track, but Steve Phelps he doesn't know the timing. The market is important, though. Phelps said it's a hard time to build with inflation, cost of capital, etc.
#NASCAR is still intending to build a half-mile track in Fontana but the timing is very much up in the air
NASCAR President Steve Phelps confirms demolition of California Speedway has begun and plans remain to make it a short track. "Most likely a half-mile race track," he says.
Re: Fontana (@nateryan question): Phelps confirms demolition has begun on the 2-mile oval and "we are still planning on building a short track" there. Says the timing is unknown. Points to inflation as a roadblock for building. "Most likely" will be a half-mile.
"We are still planning a short track in Fontana," says @stevephelps but there is no timeline #NASCAR
Phelps on Fontana: "We are still planning on building a short track in Fontana. The timing of that, I don't know. This is not the best time to be building... inflation, etc... but our intention is to continue to be in the southern California market." #NASCAR
Steve Phelps says they still plan on building a short track at Fontana but no timeline.