|
ATTCO RACEWAY SOLD!!!!
#1356508
12/20/12 11:23 PM
12/20/12 11:23 PM
|
Joined: Dec 2007
Posts: 12,587
Great Neck,LI,new york
hemi-itis
OP
I Live Here
|
OP
I Live Here
Joined: Dec 2007
Posts: 12,587
Great Neck,LI,new york
|
Atco Raceway Sold / Press Release Inside
--------------------------------------------------------------------------------
Atco Raceway Sold
Atco, NJ Wednesday December 19, 2012 –Atco Raceway was sold in its entirety to Mr. Len Capone Jr. of Berlin, New Jersey. The negotiation for the oldest continually operating drag strip on the East Coast took over 16 months and has concluded on a Win light for all…the track will continue to operate as it has in the past.
The Capone families are very familiar with the racing scene and have a great passion for the sport of drag racing. Len Capone Sr. a racer himself who was present for the 1960 opening day of Atco Raceway worked in the tech department on Memorial Day weekend. Len Capone Jr. started as a sportsman racer and is very well known for his Top Alcohol Funny Car “The Bear” that raced the strip in the late 80’s and 90’s.
Joe Sway has been retained as Director of Operations and is under exclusive contract for 2013 and 2014 with 3-1 year options to follow.
The 2013 tentative schedule will be posted on the web site AtcoRaceway.com mid January. There are no major changes to the race schedule for 2013~a couple of new races will be added but for the most part you will see our lineup has not changed.
Atco Raceway would like to thank everyone for their participation in the 2012 race season. We are positive that the continued support of all racers, fans and patrons will continue to make this a racing destination and the #1 track on the East Coast.
HEMI-ITIS has no cure.
My condition is fully BLOWN!!
|
|
|
Re: ATTCO RACEWAY SOLD!!!!
[Re: hemi-itis]
#1356509
12/20/12 11:39 PM
12/20/12 11:39 PM
|
Joined: Jul 2010
Posts: 1,845
Tampa
DusterDave
top fuel
|
top fuel
Joined: Jul 2010
Posts: 1,845
Tampa
|
Capone must have made them an offer they couldn't refuse...
Gone to the dark side with an LS3 powered '57 Chevy 210
|
|
|
Re: ATTCO RACEWAY SOLD!!!!
[Re: hemi-itis]
#1356510
12/20/12 11:41 PM
12/20/12 11:41 PM
|
Joined: Jan 2004
Posts: 2,103
East Coast, NJ
fig426
top fuel
|
top fuel
Joined: Jan 2004
Posts: 2,103
East Coast, NJ
|
With Island being closed, they should see a decent increase in racers at their track.
Chris from New Jersey
|
|
|
Re: ATTCO RACEWAY SOLD!!!!
[Re: Ari440]
#1356512
12/21/12 12:19 AM
12/21/12 12:19 AM
|
Joined: Jul 2008
Posts: 1,534
bronx n.y
one bad fish
pro stock
|
pro stock
Joined: Jul 2008
Posts: 1,534
bronx n.y
|
Quote:
did they get seued by a racer there ,he had an accident
Yes sir
|
|
|
Re: ATTCO RACEWAY SOLD!!!!
[Re: hemi-itis]
#1356518
12/22/12 04:40 PM
12/22/12 04:40 PM
|
Joined: Feb 2006
Posts: 2,379
MD
Kevins493
top fuel
|
top fuel
Joined: Feb 2006
Posts: 2,379
MD
|
Quote:
Not sure how this will be circumvented.
http://www.morellilaw.com/our-blog/morel...ot-rod-associat
Why can't people just accept the risk we all take when we stage the car? You do something that is dangerous, that you know can potentially get you killed, so why blame someone else when something happens?
|
|
|
Re: ATTCO RACEWAY SOLD!!!!
[Re: hemi-itis]
#1356525
12/23/12 11:50 AM
12/23/12 11:50 AM
|
Joined: Jan 2003
Posts: 16,925
NC
440Jim
I Live Here
|
I Live Here
Joined: Jan 2003
Posts: 16,925
NC
|
Quote:
Quote:
Not sure how this will be circumvented.
http://www.morellilaw.com/our-blog/morel...ot-rod-associat
23. After CRUZ crashed, the ambulance that was owned, operated and maintained by ATCO failed to start and was unable to get to CRUZ in order to put out the fire and offer him immediate medical assistance. The fire was put out by CRUZ’s son, who ran down the track to assist.
Wow... 
|
|
|
Re: ATTCO RACEWAY SOLD!!!!
[Re: DusterDave]
#1356528
12/25/12 04:00 AM
12/25/12 04:00 AM
|
Joined: Nov 2009
Posts: 3,082
St. Paul , Mn.
tubtar
master
|
master
Joined: Nov 2009
Posts: 3,082
St. Paul , Mn.
|
I am thinking Cruz had no issue with racing there.
His widow , on the other hand..............
But as stated , the corporation that sold the track retains liability and the new owners should have no issue.
NHRA will still be involved and will share liability with the former owners , or entity which claimed ownership.
NHRA in my estimation took sanctioning fees from them , like so many other tracks , and then handed off a set of guidelines , rules and requirements that the track should have followed.
Few do.....at least not to the letter of the rules.
Most do a pretty fair job from my experience , but we have all seen lapses in varying degrees of severity.
The insurance carrier for the track 's former ownership will eat the bulk and NHRA will maybe be on the hook for a portion if this plays out according to Hoyle.
This sounds like it was probably avoidable to a certain extent , and that indicates fault.
He may well have still died with a top notch safety crew and equipment that worked , but a jury is going to hear otherwise if it gets that far.
I smell a settlement , and personal responsibility has nothing to do with it......though greed might.
If this does get to a jury , I doubt it would end well for the defendant.
|
|
|
Re: ATTCO RACEWAY SOLD!!!!
[Re: B5 Bee]
#1356531
12/26/12 10:27 PM
12/26/12 10:27 PM
|
Joined: Sep 2006
Posts: 616
TP Exit 7, NJ, USA
DANA60
mopar
|
mopar
Joined: Sep 2006
Posts: 616
TP Exit 7, NJ, USA
|
This will be settled, no question. The insurance company and or bond holders(s) will drag this for years, then settle. Sorry to say, the rescue equipment didn't start and lent no assistance, dispite any waivers signed, and they will mean little. The sale means nothing. They (Atco, et al.)will not want this to go to a jury, they will get killed there.
high 6 fig, but probably low 7.
|
|
|
Re: ATTCO RACEWAY SOLD!!!!
[Re: hemi-itis]
#1356532
12/27/12 12:09 AM
12/27/12 12:09 AM
|
Joined: Dec 2005
Posts: 2,041
New Jersey
Qwik426
top fuel
|
top fuel
Joined: Dec 2005
Posts: 2,041
New Jersey
|
THE WIDOW OF a drag-racer who died after crashing into a wall at South Jersey's Atco Speedway is suing the raceway, claiming negligence.
Jose Cruz's 1999 Chevy Monte Carlo caught fire after he crashed into a wall during a run on the track on Sept. 15, 2010, according to the lawsuit, filed Wednesday in federal court in Camden.
With the vehicle unable to start, Cruz's son, the Atco owner and other staffers ran to help douse the flames, according to the suit, filed by his widow, Evelyn Cruz of Brooklyn.
Cruz suffered second- and third-degree burns and had both legs amputated; he remained hospitalized until his death, 10 months after the crash, at age 52, his attorney, David Ratner, said.
"When you're inviting people in to engage in what everyone knows is a dangerous activity...""Inviting people"? Excuse me, Mr. Crooked Liar, I mean Crooked Lawyer, no one "invited" Cruz, he chose to be there and to "engage in dangerous activity", as you call it, all on his own. "you owe an obligation to those people who you invite and make money off of to provide the safest possible venue to do that," said Ratner, a New York lawyer. "Atco failed to live up to that obligation."
Evelyn Cruz seeks $50 million in compensatory and punitive damages from Atco and the National Hot Rod Association, the California-based group that promotes amateur and professional drag-racing in the United States and sanctions Atco races.
Jose Cruz, a janitor and a father of two grown children, was a skilled drag-racer who had experience at Atco and other tracks, Ratner said.
Joe Sway Sr., Atco's owner, denied the lawsuit claims.
"The ambulance was on scene; it has to be when we're racing. The ambulance was functional. And we have a fire-suppression system on a pickup truck, which was operational and did respond," Sway said, adding that Cruz was out of the car when the first responder got to him.
The 52-year-old speedway in southern Camden County claims to be the nation's busiest legal drag strip, due in part to crackdowns on illegal drag-racing in Philadelphia and Atlantic City.
Anyone can race, as long as he or she pays the fee, wears a helmet, has a driver's license and drives a street-legal vehicle.http://www.philly.com/philly/news/20120822_Widow_of_racer_sues_speedway.html?c=rI never realized that Atco Dragway's ambulance doubled as a fire truck! Am I missing something here? I was under the impression that the ambulance's crew were on the premises to treat crash victims (if treatable on the scene) and/or take them to the hospital but according to this absurd lawsuit, they're supposed to put out fires, too! Pete
Last edited by Qwik426; 12/27/12 12:50 AM.
|
|
|
Re: ATTCO RACEWAY SOLD!!!!
[Re: slantzilla]
#1356534
12/27/12 05:45 PM
12/27/12 05:45 PM
|
Joined: Feb 2003
Posts: 991
Addison,IL
OUTLAWSSAA
super stock
|
super stock
Joined: Feb 2003
Posts: 991
Addison,IL
|
Quote:
Quote:
"the ambulance that was owned, operated and maintained by ATCO"
How common is this?
I've been to a dozen tracks and they contracted outside ambulance services.
US41 keeps an ambulance on site and staffs it with a couple local EMT's. There was some crap a couple years ago when it was discovered there was no medical equipment in it. Ask OUTLAWSS/AA about it.
I learned a hard lesson. It doesn't matter if there's an ambulance there or not, if there's nothing in it,it midus well not even be there. I was lucky to not get injured or else I would've been up the creek. For those who never saw the carnage.
http://www.youtube.com/watch?v=uymFkysEdWo
|
|
|
|
|
