The International Hot Rod Association (IHRA) announced the acquisition of the former Memphis International Raceway in Millington, Tennessee, on December 23. Opened in 1987, the facility has a storied history in drag racing and was once sanctioned by IHRA. This acquisition reconnects the track’s legacy with its future, as the facility will now operate as a multi-use destination, supporting various motorsports, including drag racing and stock car events, while contributing to local tourism and economic activity.

Mayor Paul Young expressed optimism about the investment, highlighting its potential to enhance the region’s economy and provide new opportunities for local businesses and fans. Shelby County Commissioner Amber Mills echoed this sentiment, noting that IHRA’s commitment to the facility could create lasting memories for families and young people.

IHRA CEO Darryl Cuttell emphasized the importance of honoring the facility’s deep-rooted history in motorsports while aiming to foster a sustainable future. Leah Martin, IHRA President, noted that the acquisition aligns with the organization’s racer-first vision and commitment to grassroots motorsports, enabling diverse uses that will impact the community year-round.

The property, previously listed at $13.5 million, was acquired for $2.06 million. With this addition, IHRA’s track portfolio now includes several other notable racetracks. Facility improvements and new programming announcements are expected in the near future.



Source: www.dragzine.com