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Originally Posted by Cunningham Racing
They tried to sell Ellis for years and never could find anyone that would give them anything for it...Mike Pegram tried to low-ball them with an offer a few years back but it wasn't enough...I think they only sold the place to the new owner for around $8 million, which is dirt cheap for a race track in Kentucky.
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If I recall didn't the negotiations with Pegram have a condition that if slots were approved that Churchill would come back in for half?
I wonder if the same deal was made with Mr. Geary.