By the looks of things, the local racers could start a literal "Grass roots" campaign. Get out your weed wackers and tool boxes, contibute some labor, money, and paint. Obviously the owner isn't in physical shape to be in charge of putting the place back in shape, but if some folks can help to get it looking cosmetically good, that might help to convince someone else to buy or lease the track. I've seen this happen in other places, and if enough people get involved, the cost to any one individual wouldn't be that huge. I bet even Ford and GM guys would help out!