Green Mountain Race Track

Green Mountain Race Track was an American horse racing and a greyhound racing track located in Pownal, Bennington County, Vermont that operated from 1963 to 1993.

History

Thoroughbred and standardbred horse racing events were held until 1976, when thoroughbred racing was replaced by greyhound racing. One year later, standardbred racing was also discontinued, and the track exclusively featured greyhound racing until closing altogether in 1992 amid pressure from animal rights activists, who objected to greyhound racing as cruel (Vermont banned the sport in 1995.)[1]

Since closing as a racetrack, the site has hosted live events occasionally, including a rock concert in the Lollapalooza series in 1996, and antique car shows from 2005 to 2008,

Shortly after its closing, on May 7, 2004, the 144-acre (0.58 km2) property went on sale on eBay with a listed price of $2.5 million.[2] It was quickly bought by Progress Partners Ltd. in a $1 million deal with the previous track owner, John C. Tiegtens[3]

2018

Around January, of 2018 mortgage holder Bayview Loan Serving, LLC, of Coral Gables, Fla., filed a lawsuit in Bennington Superior Court Civil Division seeking to foreclose on the former Green Mountain Race Track property. The lawsuit named the current owner, Green Mountain Race Track, LLC, a former track ownership group; two other mortgage holders, and the entities involved with the solar array on the property that was installed in 2013. Bayview, the lending service seeks for foreclosure over the unpaid balance on a mortgage on the 144-acre track site off Route 7 that dates back to 2004. This very loan was modified in August 2009, that added some accumulated interest, after a similar foreclosure complaint that had been also filed by Bayview.[4]

The future for the track is unclear, but some proposed plans are believed to include a mix of energy-efficient companies, a farmers' market facility, and facilities to accommodate large events.

gollark: I disagree. Ethics is most important in situations where emotions are running high, like those.
gollark: This is widely considered unethical.
gollark: You are increasing suffering for no particularly good reason.
gollark: Yes, which is actually bad.
gollark: It's just the same thing plus torture. Which is probably worse.

References
  1. "Relics From A Broken Racetrack | Obscure Vermont". 2014-04-09. Archived from the original on 2014-04-09. Retrieved 2018-05-29.
  2. link, Harness. "Green Mountain Race Track For Sale". Retrieved 2018-05-29.
  3. "A diverse outlook for Pownal racetrack". Retrieved 2018-05-29.
  4. "Lending firm seeks to foreclose on former Green Mountain Race Track site". The Bennington Banner. Retrieved 2018-05-29.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.