New Jersey Motorsports Park
New Jersey Motorsports Park last week announced it had filed for Chapter 11 Bankruptcy, a move that caused some in the local and racing communities to question the facility’s future viability.
NJMP Chapter 11
The owner of New Jersey Motorsports Park, a Millville circuit that hosts AMA Pro Racing, filed for bankruptcy Monday in order to restructure some debt.
According to papers filed in Camden court, NJMP representatives say the 700-acre facility needs $2 million to open the track this Saturday for the 2011 race season.