The Tennessean from Nashville, Tennessee • Page A5

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Limit one per customer. Not valid when combined with any other ers. Expires 8.8.15 A A A A I I CO I I I A A A A I I I I THE MAN IN THE SHINY BLACK The owner of Nashville uperspeedwayhas reopened the sale of the racetrack to other potential buyers with its previous agreement to sell the facility now in default. However, NeXovation which entered into an agreement to buy the track from Dover Motorsportsand its subsidiary, Nashville Speedway U.S.A., is still moving forward in its attempt to buy the track. The default occurred when NeXovation failed to make a required $1.5 million deposit by June 1to replenish the escrow account after the closing deadline was extended to July 27.

NeXo- vation agreed to buy the track for nearly $46 million $27 million in cash and the assumption of about $18.8 million in bond obligations owed to Wilson County. over issued a news release Thursday about the second- quarter earnings. About he Superspeedway, it aid: have expanded our sales efforts and are in discussions with additional prospective NeXovation has endured lengthy delays from its lender for the Su- perspeedway purchase, which led to the default, according to a news release by the company. The company now has the freedom to work with an alternate lender to fund a new agreement with Dover, and NeXova- tion is no longer obligated to the previous lender, according to the release. NeXovation has invested about $2.9 million into he track, much of it reported to be nonrefund- able as closing deadlines were extended multiple imes.

Specifics about ow NeXovation planned to use the track been revealed. have invested millions of dollars in the Speedway sales process and we are not going to allow the negative actions of others to deter us from our NeXovation CEO Robb Sexton said in the release. Dover is discussions with all parties at this said spokesman Gary Camp. Nashville Superspeed- way, located in Gladeville, opened in 2001, but it attract a NAS- CAR Sprint Cup Series race and largely shut own in 2011. Reach Andy Humblesat 615726-5939 and on Twitter Sale of Superspeedway eopened to new bidders FILE Dover has reopened its sale of the Nashville Superspeedway in Wilson County.

Original buyer defaulted on its agreement Andy Humbles A20-year-old man drowned Sunday after he jumped from a cliff at the lm Hill Recreation Area. he Nashville Fire Dep artment and Office of Emergency Management responded at 12:45 p.m. after receiving reports that a male dove off of a cliff i nto the water at the rec- eation area at 3343 Bell Road near the Elm Hill Marina and did not resurface. Nashville Fire Depart- ent spokesman Brian aas said the man was re- overed from the lake within about 30 minutes and CPR was administered. Haas said the man as unresponsive to CPR a ttempts and was trans- orted to TriStar Summit Medical Center.

Metro Police Department Captain Jason Starling said the man was pro- ounced dead at the hospi- al. he identity has not yet been released. Reach Lizzy Alfs at 615-7265948 and on Twitter 20-year-old drowns at Percy Priest Lake Lizzy Alfs.