Fort Worth Star-Telegram from Fort Worth, Texas • 54

I Wednesday November 301994 I NORTHEAST Fort Worth Star-Telegram Section A Page 21 Proposal for NASCAR speedway in Tarrant County draws mixed reviews Proposal for NASCAR speedway i ms" Tient ing lion Fire spend a night or two" That's what happened in May during the Coca Cola 600 race at Charlotte Motor Speedway a second track Smith owns Many of the 170000 fans who attended the race apparently hung around for the weeklong stretch of related events filling up the city's 14000 hotel rooms said Lynne Priestley director of marketing services for the Charlotte Convention and Visitors Bureau night they're not spending much money" Humphreys said Racetracks do bring in outside fans though Larry Davidson professor of business economics at the Indiana University School of Business said his research for a new NASCAR race at Indianapolis Motor Speedway revealed that these events draw visitors from many locations "It's not just a one-day thing" he said "Some of these people who live a hundred miles away may try in Georgia has grown in recent years despite a slower national economy" said Randolph Cardoza department commissioner "Atlanta Motor Speedway has helped make this a reality" The $455 million figure is based on $65 million in direct tourism expenditures plus construction costs corporate sponsorships and TV rights fees The agency then determined that each dollar spent turned over an average of seven times resulting in the $455 million try in Georgia has grown in years despite a slower no economy" said Randolph doza department commiss "Atlanta Motor Speedwa helped make this a reality" The $455 million figure is on $65 million in direct tc expenditures plus constr costs corporate sponsorshit TV rights fees The agenc) determined that each dollar turned over an average of times resulting in the $455 total "That's absolutely ridiculous" said Jeff Humphreys director of economic forecasting at the University of Georgia Instead he estimated that every I spent by out-of-town visitors would generate I 20 in pass-along economic activity resulting in a total impact of $220 for a multiplying factor of 22 Local fans out for a day at the races would not spend that much "If they're not spending the but ut of ving to it to-Bat-d as bent cm-to be city bably for rving 's fire ring is Ls the es Offer good November 30-December 3 1994 Only! customer cannot be used with any other sale or discount in effect Limited to stock on hand no rainchecks Excludes all red-ticketed and all special order custom frames and custom floral arrangements Coupon not valid at Craft Floral Warehouse Main I1 'I El El El II I 44 1 0 JP 1 La I amagoomok ooloomon r4 0 0 0 NI Nommolo 010 3 ly 0 0 0 1PEGUVARIPRICEICHRISTMASIMERCHANDISE 0 Offer good November 30-December 3 1994 Only! customer cannot be used with any other sale or discount in effect Limited to stock on hand no rainchecks Excludes all red-ticketed and all special order custom frames and custom floral arrangements Coupon not valid at Craft Floral Warehouse Moskat II to let with as she to use I te the rs ago As the fwhat take a their some7 mpor school dford le proIckett and a A But in the start 111 a But in the start- 1 I a i 21 BY MARK LEACH Fort Worth Star-Telegram Despite estimates that it would bring thousands of new jobs and hundreds of millions in tourist dollars to Tarrant County Bruton Smith's proposed NASCAR speedway is fueling mixed reviews among economists and other analysts Critics and proponents of the proposed I 50000-seat facility agree it would generate the most impact on hotels and restaurants which would enjoy increased business from out-of-town visitors But sketchy details concerning attendance job growth and other factors have injected a sense of caution into the mix of responses Track From Page 17 cure an additional date on the already packed circuit said Bob -11 Bahre owner of the New Hampt shire International Speedway "He's reputable and Texas is a market they'd want to be in" said Bahre who won a Winston Cup racing date in 1993 three years after he rebuilt and expanded a 11 motor track near Concord NH 1 "Bruton Smith will get a date I There's no question in my mind" Yet Meyer who owns Ennis' Texas Motorplex the largest drag-racing strip in the country said he 1 is confident about his proposed '1 $60 million to $75 million Dallas Irace car speedway landing a Win- ston Cup date -1 Meyer said he bases his optimism on NASCAR officials' state- i ments that they do not promise race dates until a facility has been constructed "I don't think there will be two racetracks in the Dallas-Fort Worth Mine has "It's hard to say what the real impact would be" said Bernard Weinstein director for economic development and research at the University of North Texas in Denton "You have to take these projects with a grain of salt" Some of the most generous estimates of racing-related economic growth have come from Atlanta Motor Speedway a Georgia track that Smith owns An estimated 495000 people visited the NASCAR facility in 1993 resulting in a total economic impact of $455 million on the state's economy according to the Georgia Department of Industry Trade "The travel and tourism indus NASCAR circuit already has a 30- week calendar and that adding new dates would be very difficult "There's only 52 weeks in the year and the guys have to have time to fix their cars" said France "In order for us to come to Texas something has to go And Bruton's working with us Although France said that Meyer doesn't do any business with NASCAR he pointed out that the RJR Nabisco Corp which is a major NASCAR sponsor has ties to Meyer through the company's sponsorship of drag racing But France a longtime friend of Smith said the North Carolinian may already have an inside track for a Winston Cup race in Fort Worth-Dallas "He already has four dates two at Atlanta and two at Charlotte He could shift one of those from one of his facilities That would certainly alleviate a problem that we would have" France said But Eddie Gossage vice president for public relations for Smith's Charlotte Motor Speedway said he doubts that Smith will El El El El One coupon per merchandise i 1 BY MARK LEACH Fort Worth Star-Telegram "It's hard to say what the real impact would be" said Bernard 41 Despite estimates that it would Weinstein director for economic '44 bring thousands of new jobs and development and research at the hundreds of millions in tourist dol- University of North Texas in Den- lars to Tarrant County Bruton ton "You have to take these il Smith's proposed NASCAR projects with a grain ofsalt" 1 speedway is fueling mixed reviews Some of the most generous esti- among economists and other ana- mates of racing-related economic t' lysts growth have come from Atlanta Critics and proponents of the Motor Speedway a Georgia track I proposed 1 50000-seat facility that Smith owns agree it would generate the most An estimated 495000 people impact on hotels and restaurants visited the NASCAR facility in 1 which would enjoy increased busi- 1993 resulting in a total economic 4 ness from out-of-town visitors But impact of $455 million on the 121 sketchy details concerning at- state's economy according to the SALE ENDS I tendance job growth and other Georgia Department of Industry SaturOay i Dec 3rd I factors have injected a sense of Tourism i caution into the mix of responses "The travel and tourism indus- i 1 NASCAR circuit already has a 30- rj 41 rac week calendar and that adding new dates would be very difficult "There's only 52 weeks in the From Page 17 16 year and the guys have to have time to fix their cars said France 11 cure an additional date on the al- "In order for us' to come to 11414141414 ready packed circuit said Bob Texas exas something has to go And -11 Bahre owner of the New Hamp- Bruton working with us shire International Speedway Although France said that "He's reputable and Texas is a Meyer doesn't do any business market they'd want to be in" said with NASCAR he pointed out that Bahre who won a Winston Cup the RJR Nabisco Corp which is a racing date in 1993 three years major NASCAR sponsor has ties after he rebuilt and expanded a to Meyer through the company's 11 motor track near Concord NH sponsorship of drag racing "Bruton Smith will get a date But France a longtime friend of 1 I There's no question in my mind" Smith said the North Carolinian 11 Yet Meyer who owns Ennis' may already have an inside track 1 Texas Motorplex the largest drag- i for a Winston Cup race in Fort racing strip in the country said he Worth-Dallas 1 is confident about his proposed Li $60 million to $75 million Dallas "He already has four dates two race car speedway landing a Win- at Atlanta and two at Charlotte He ston Cup date could shift one of those from one of FA T-Liow LinE Meyer said he bases his opti- his facilities That would certainly mism on NASCAR officials' state- alleviate a problem that we would i i ments that they do not promise have" France said 1 race dates until a facility has been But Eddie Gossage vice presi- One coupon per cu merchan i constructed dent for public relations for I "I don't think there will be two Smith's Charlotte Motor Speed 1 racetracks in the Dallas-Fort way said he doubts that Smith will elmomo Worth Mine has ness from out-of-town visitors But impact of $455 million on the sketchy details concerning at- state's economy according to the SALE ENDS I tendance job growth and other Georgia Department of Industry Saturday Dec 3rd i factors have injected a sense of Trade i caution into the mix of responses "The travel and tourism indus- a 1 i Track NASCAR circuit already has a 30- week calendar and that adding new 1 I dates would be very difficult 1 I I i "There's only 52 weeks in the From Page 17 year and the guys have to have time to fix their cars" said France order for us to come to et cure an additional date on the al- looloomom "In ready packed circuit said Bob Texas something has to go And 3 Bahre owner of the New Hamp- shire International Speedway Bruton working with us "He's reputable and Texas is a Although France said that Meyer doesn't do any business market they'd want to be in" said with NASCAR he pointed out that Bahre who won a Winston Cup racing date in 1993 three years the RJR Nabisco Corp which is a has ties after he rebuilt and expanded a major NASCAR sponsor motor track near Concord NH to Meyer through the company's 1 sponsorship of drag racing "Bruton Smith will get a date But France a longtime friend of There's no question in my mind" Yet Meyer who owns Ennis' Smith said the North Carolinian Texas Motorplex the largest drag- may already have an inside track for a Winston Cup race in Fort racing strip in the country said he confident about his proposed Worth-Dallas I 1 $60 million to $75 million Dallas "He already has four dates two race car speedway landing a Win- at Atlanta and two at Charlotte He ston Cye he bases his opti- up date could shift one of those from one of 0 Mer said his facilities That would certainly Atte mism on NASCAR officials' state- alleviate a problem that we would ments that they do not promise have" France said race dates until a facility has been But Eddie Gossage vice presi- One coupon per constructed dent for public relations for merchandise "I don't think there will be two Smith's Charlotte Motor Speed- racetracks in the Dallas-Port way said he doubts that Smith will w1 i All Christmas Stitchery Kits 4 Cross stitch crewel needlepoint more Traditional and contemporary designs Selection may vary by store 712 Ft Canadian Pine Tree Realistic tree with sturdy hinged and hook construction Includes metal stand 1663 tips 10-yr warranty 100-Count Mini Light Set Clear multi or solid color bulbs Roll Wrap 40-sq ft rolls in patterns and solids Everyday Christmas styles A Oti I Women's att I Pant Sets 24" Royal Canadian Pine Wreath Ready to decorate Wreath Hanger 99 cryilD Wintuk Yarn 35-oz solids 30-oz ombres Huge selection of colors OPEN THANKSGIVING DAY 8 AM TO 4 PM We reserve the right to limit quantities Family Sweatshirts Ready to decorate Adults' S-XL youth S-L infants toddlers' sizes Adult size XXL Reg 999 SALE 749 Choose from micro stripe or crystal wash One size fits most Ready to decorate own inee IZIU Poinsettia Holly Bushes Seven-bloom bushes in INti-V4 traditional '3 colors Superior Cashews Mixed Nuts 9-oz cashew halves and pieces r4tY 10-oz mixed nuts Handcrafted Wreaths Choose from a huge selection of decorated wreaths plus floral arrangements centerpieces wall decor and more All Baskets Save on our entire Christmas collection including vine rattan chunky willow and more in a variety of colors GRAPEVINE Northwest Plaza Shopping Center 1655 Northwest Highway take the Wall St Exit from Hwy 114 817-488-2880 All Shaped pans candy molds more mirk Photo Box For photos to size 4 6 With designer covers and dividers Molds up to 750 photos Dr I 1 areas already 1 been finalized Mine is not a con cept" said Meyer who plans to build a 70000- to 100000-seat facility in west Dallas Smith a Charlotte racetrack developer plans to build a $75 mil- lion 150 000-seat NASCAR-type i --racetrack on an undetermined Fort Worth-Dallas site NASCAR (1 stands for the National Associait tion for Stock Car Auto Racing which sanctions the country's most popular form ofauto racing 1 NASCAR President Bill France who many auto racing experts say I single-handedly controls where 't major races will be held said he has not spoken with Meyer about the Dallas proposal He said the build a new track if he can't get new racing dates "There would be no reason to build a new facility to take one of the dates at the present speedway because you would be increasing the debt without making an increase in the revenue stream" he said "Why build another place to roughly make the same amount of money? That's not what we have in mind and I'm sure he France knows that" Ken Squier a 24-year racing analyst for CBS Sports said he considers Smith the "big gun" of the stock car industry and said Meyer is "not an immediate member of the NASCAR family" 4011 FWffiTIE11040" 11 A' RielinG AREH 0 USE r-- REDBIRD CAMP WISDOM AT COCKRELL HILL 283-8033 DALLAS 6500 SKILLMAN AT ABRAMS 340-3394 MESQUITE 1616 TOWN EAST BLVD 681-2500 ARLINGTON 2400 PIONEER PK WAY AT BOWEN 274-5557 GARLAND 4550 BUCKINGHAM AT PLANO 689-9494 CARROLLTON 2540 OLD DENTON RD AT TRINITY MILLS 446-1115 RICHLAND HILLS 5235 RUFE SNOW 428-1074 DALLAS 3620 FOREST LANE AT MARSH 357-9165 LEWISVILLE 1374 MAIN ST AT OLD ORCHARD 219-2000 Magenainin KEL OGGS W2001 CRISPIX CORN -A -e401140-' sr(dAzo CEREAL cri-? sp POPS siittOr 123 oz 15 oz 7- '41) 88 -1144- 48 14 2 4111141C EVERDAY LOW PRICE EVERDAY LOW PRICE 4floyif41 gleeVid' RAISIN 4 -4eityi'-' BRAN 4R1 KRISPIES RICE 20 oz I Raisin 15 oz ra KRISPIES g31ass 48 li-' )341-4 89 (4ira40 Kefiiftt EVERDAY LOW PRICE EVERDAV LOW PRICE onor i 11 ielge0 cereal 211etgYt5 im 11 Bided it Frosted Pada Minligheats 1911 Miniiiiheatsk 204 oz 37 6 EVERDAY LOW PRICE ti A 1 i VT111 III 4Ic13 all Cali' Ilaa Duna a new tract( it ne cant get new 1 been finalized Mine is not a con- racing dates -1r tj I cept" said Meyer who plans to i i- There would be no reason to build a 70000- to 100000-seat fa- eility in west Dallas build a new facility to take one of the dates at the present speedway 99 i Smith a Charlotte racetrack de- il 41ftli7 klteCto 39 veloper plans to build a S75 mil- because you would be increasing A 4Off lion I 50000-seat NASCAR-type the debt without making an in- Prked as Marked- on an undetermined Fort crease in the revenue stream" he said "Why build another place to 1 Worth-Dallas site NASCAR roughly make the same amount of min Ha stands for the National Associa- All Christmas Family moneyas not ht wae have in 111P11111141111411 Handcrafted a 1::711576 Tht' 11-' tion for Stock Car Auto Racing 1QI -I I (141 A mind and I'm sure he France Wreaths which sanctions the country's most Stitchery 4cr Sweatshirts knows that" Choose from a huge popular form ofauto racing Kits Ready to decorate NASCAR President Bill France Ken Squier a 24-year racing an- itt: ---------L'' Adults' SM youth SI selection of decorated 1 1 i Cross stitch crewel infants' toddlers' sizes wreaths plus floral 1 who many auto racing experts say alyst for CBS Sports said he con- arrangements needlepoint: more 4- at 1 single-handedly controls where siders Smith the "big gun" of the Traditional and '-4-14 1-- centemieces wall -1- 41 Adult size XXL z1' -) decor and more not spoken with Meyer about the is "not an immediate member of 16 iihk- major races will be held said he has stock car industry and said Meyer coesnite pore nms Selerliction t0 a 4 1 maygvary by store a tt Reg 999 SALE 749 4 Dallas proposal He said the the NASCAR family" 61 4 44 401 mmemommilimmownw avollho NAPOk- 11141A' 5 0 HiriG TE As Off I 14' -w 1N'AREH usE 40riginal Tkket Price 8999- I Reg? 999 1r I REDBIRD CAMP WISDOM AT COCKRELL HILL 283-8033 712 Ft 7'41 Women's All rl DALLAS 6500 SKILLMAN AT ABRAMS 340-3394 P' fri'rE-----j MESQUITE TOWN EAST BLVD 681-2500 Canadian -ti Pant Sets 1 -11'p- Baskets ARLINGTON 2400 PIONEER PK WAY AT BOWEN 274-5557 4 1 '1 Save on our entire GARLAND 4550 BUCKINGHAM AT PLANO 669-9494 Pine Tree I Choose from micro stripe Ali 1 CARROLLTON OLD DENTON RD AT TRINITY MILLS 446-1115 rk 11 or crystal wash One size Christmas collection 7 Realistic tree with sturdy INPi RICHLAND HILLS RUFE SNOW 428-104 a sirAl'i fits most Ready to decorate including vine rattan DALLAS FOREST LANE AT MARSH 357-9165 hinged and hook oi)' construction tori 1 gr 99 Plus Size chunky willow Reg 2199 and more t1010' '-'--'') LEWISVILLE MAIN ST AT OLD ORCHARD 219-2000 in a variety Includes metal stand -41114P SALE of colors -r 14 1663 tips 1 KFAS A 00 Yr HEA a BREA KEL OGGS 10- warrant alle971 CRISPIX -i4042 CEREAL oisp 123 oz 100-Count 4t egg 9 I CORN A il Aiiht moo I Ir 4 9 ip (d1190 Aditvr416 POPS 15 oz 1 0 88 48 10'- Ap14124:" 44411: 4x Mini Light Set Clear multi or solid color bulbs 11 411 Iteg11' Ir nnici 7 a Off 2J991 our guarkeYteierdce ii 24" Royal Poinsettia vii-ftfr'z or All Canadian Sewn-bloo th 4 Pine Wrea 0- cogiro Ready to decorate A' 7'147 Holly Bushes 4ro Ike bushes in 'sq 0I loll Shaped pans candy molds more at 7 4teo' 1 EVERDAY LOW PRICE EVERDAY LOW PRICE k- 4 tmme 6 Wreath Hanger 99' A colors 4 aff i esc i 4 99 410041' WoYid' 1 9 RAISIN RICE I Re A4 BRAN KRISPIES i 20 oz RKE 4 KRISPIES 1 Wintule ''wintoo A'1 uRerior Cashews Photo Box 4- ra it 1 as 4 1 Roll rap Yarn 1 Mixed Nuts For photos ol- irk' 9' Ree499 AGM to size 4 6" ak ime With designer '7 'I 4' I 9p 3 4 8 28 9 tf'-' -3' 40-sq ft rolls 35-oz solids cttgre 9oz cashew halves t' '0' irto 4 oit- i IA ain patterns solids Huge selection 30-oz ombres all and pieces I a co 1 id rs rs a nd itate' 'A JO 11 Everyday 10-oz mixed nuts Ireiroi deSet of colors t' i A'14-t '10 misedN101 4 Holds up to 16' At' li EVERDAY LOW PRICE EVERDAV LOW PRICE Christmas 'r A50 photos AS) Nommen CerkIrMkIn Mark 4 7 4 'il I -'f AAjb 44I 4 Frosted 4 IM 1 cereal 111it -r Oshataill Northwest Plaza Shopping Center i GRAPEVINE '14 MntIsciel's 1 Reg: 49 Frosted Pox Minligheats MA 1 I BPI Ulf THANKSGIVING DAY OPEN ftzi 1655 Northwest Highway take the Wall St Exit from Hwy 114 Pge 71i4" I 1 1 1 MinililheatT 8 AM TO 4 PM We reserve the right to limit quantities D---1 817-488-2880 kJ 76 204 oz tornmwri Dr Yft: 4 si I Ulta' 00 4 4' i EVERDAY LOW PRICE 1 be it Winona'" 14 il rop't 1 010004004ist I 1 areas already build a new track if he can't get new II been finalized Mine is not a con- racing dates ir cept" said Meyer who plans to There would be no reason to build a 70000- to 100000-seat fa- 5 build a new facility to take one of cility in west Dallas the dates at the present speedway Smith a Charlotte racetrack de- because you would be increasing veloper plans to build a S75 mil- the debt without making an in- 1 etas lion 150 000-seat NASCAR-type I 1 crease in the revenue stream" he racetrack on an undetermined Fort I said "Why build anoth er place to I 4 Worth-Dallas site NASCAR roughly make the same amount of stands for the National Associamoney? That's not what we have in All Christma! tion for Stock Car Auto Racing mind and I'm sure he France Stitchery which sanctions the country's most popular form ofauto racing nows that Kits 1 NASCAR President Bill France Ken Squier a 24-year racing an- 0' l' Cross stitch crewel 1 who many auto racing experts say alyst for CBS Sports said he con- needlepoint more 51 1 single-handedly controls where siders Smith the "big gun" of the Traditional and major races will be held said he has stock car industry and said Meyer cZesnitgenmsTelerliction 0 not spoken with Meyer about the is "not an immediate member of may vary by store Dallas proposal He said the the NASCAR family" 11 (31-44 yozoommotammommor 44 0 TE AS 1 Original IN'AREH 0 USE trice 899 Ilr REDBIRD 4241 CAMP WISDOM AT COCKRELL HILL 283-8033 712 Ft DALLAS 6500 SKILLMAN AT ABRAMS 340-3394 MESQUITE 1616 TOWN EAST BLVD 681-2500 Canadian ARLINGTON 2400 PIONEER PK WAY AT BOWEN 274-5557 GARLAND 4550 BUCKINGHAM AT PLANO 669-9494 Pine Tree CARROLLTON 2540 OLD DENTON RD AT TRINITY MILLS 446-1115 Realistic tree with sturdy RICHLAND HILLS 5235 RUFE SNOW 428-1074 hinged and hook DALLAS 3620 FOREST LANE AT MARSH 357-9165 construction i LEWISVILLE 1374 MAIN ST AT OLD ORCHARD 219-2000 Includes metal stand 1 1663 tips HEA BREAKFAS A- IN KEL OGGS warranty i iattloylo 299 1 CRISIX CORN pi Rez' 199 ---7P1 CERE PAL casp POPS 123 oz rl7- 15 oz Aposit 100-Count yt) Mini Light Set 88 48 Clear multi -4 or solid il 1 color bulbs 4 0 cow EVERDAY LOW PRICE EVERDAY LOW PRICE 10 gleecod' 99 i' RAISIN RICE I Re A4 -41-160 BRAN imi KRISPIES RICE A-1-111Vnlya1 20 oz I Raisin 1 15 oz ra Roll KRISPIES 'kale Wrap $348 fr'' $28W 40-sq ft rolls -I 3 Olt At tn patterns It -0'- vir-4 and solids i Everyday 1 1 Frosted EVERDAY LOW PRICE EVERDAY LOW PRICE 8EstyClehsristmas Ael I 4 cereal yi4 im 1 1 Mlisted 111 Pala Minligheats 1 1 BPI Ulf 4 Miailleats $37 6 204 oz 1 i EVERDAY LOW PRICE ti A1 k' I.