NASHVILLE, TN (WSMV) - The All American 400 race will stay at the Fairgrounds, the Metro Fair Board decided at Tuesday’s meeting.

The Fair Board said despite the money track operators owe the city, they will still be hosting the race at Fairgrounds speedway.

The track operators owe between $150,000 to $175,000 to the Fair Board.

Operators said races have been rained out eight months out of the year and construction issues have kept them from coming up with the money.

“The quicker we can all sit down and discuss these issues, and lay them all out on the line and the table, the quicker we can get them resolved,” said Claire Formosa, vice president of Formosa Promotions, which operates the speedway.

The Fair Board decided to start negotiations with Formosa Promotions immediately. They will discuss the possibility of renegotiating the lease or billing date.

The 35th annual All American 400 will be held at Fairgrounds Speedway Nashville on Nov. 3. is now with you on the go! Get the latest news updates and video, 4WARN weather forecast, weather radar, special investigative reports, sports headlines and much more from News4 Nashville.

>> Click/tap here to download our free mobile app. <<

Copyright 2019 WSMV (Meredith Corporation). All rights reserved.

Recommended for you

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.