well according to the main page on the magnolia website the lease has changed hands and the track will remain open. the new managers are old time racers that have put on the magnolia labor day race (managing it as downtown ford sponsered these races) for at least the last 5 yrs and those races were always packed. i haven't raced for the last 2 yrs due to health issues but it seems the track became too much for dixie. this should be a good move for everyone involved!