The future of the iconic Greenville Pickens Speedway faced uncertainty as the adjacent industrial park owner put the racetrack property up for sale, raising questions about its fate.
Listing at $5.8 million, the property has garnered interest since being listed, according to John Shaw of Shaw Realty, the listing agent.
RealtyLink, a key developer in the area, has been acquiring property around the speedway for industrial purposes, with plans to build warehouses, effectively leaving the racetrack out of the development plans.
The planned warehouse, with Carolina Handling as the tenant, aims to provide office and warehouse space, totaling 267,000 square feet in the initial phase.
RealtyLink’s overall plan includes 10 buildings and 4 million square feet of space, with no provision for the racetrack site.
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The racetrack, in its 83rd year, faced a hiatus last season, marking the first time since World War II that no racing activity took place.
Efforts to revive the track through a fundraising campaign spearheaded by racer Jackie Manley fell short of the former owner Kevin Whitaker’s $100,000 requirement.
The group managed to raise $60,000, which was donated to Shriners Hospital.
While the racetrack is now listed for sale, doubts linger among individuals on social media regarding its viability as an investment, with some expressing nostalgia for the track’s legacy.
Despite the challenges, there remains optimism among some that a new owner, potentially from the NASCAR sphere or a racing enthusiast, could bring new life to the track.
Greenville Pickens Speedway’s rich history dates back to 1940, known for hosting prominent names in racing, paving the way for NASCAR and becoming a landmark in racing history.
With suggestions for diversifying events beyond racing, including swap meets, concerts, and car shows, Shaw believes there is untapped potential for making the racetrack a more lucrative investment.
