Tweet
March 13th 2006
Daytona International Speedway agreed to a new lease with the Racing and Recreational Facilities District on March 13, 2006. The new lease agreement, replacing the original 1957 lease will expire in November 2054.
It increased the Speedway's payments from only $10,000 per year to $500,000. Regular rent increases will make the average annual rent $750,000 per year by lease's end.
Daytona International Speedway agreed to a new lease with the Racing and Recreational Facilities District on March 13, 2006. The new lease agreement, replacing the original 1957 lease will expire in November 2054.
It increased the Speedway's payments from only $10,000 per year to $500,000. Regular rent increases will make the average annual rent $750,000 per year by lease's end.