DEAL TO SAVE MILDENHALL
The Mildenhall short oval track in Suffolk has been saved from closure as race promoter Spedeworth is on the verge of taking over the venue.
The track has been under threat of closure for over a year as a local resident filed a noise nuisance complaint and left the venue’s owners with a £1.7 million legal bill, which put the track’s future in jeopardy.
Current operator, RDC Promotions boss Dave Coventry, told the East Anglian Daily Times that he was now optimistic over the circuit’s future now talks on a deal with Spedeworth head Deane Wood were reaching their conclusion.
Coventry said: “Deane is keen to keep it how it is, we have carved out the market and he recognises that. What he brings is the showmanship, he likes to keep everything clean and smooth. Simple things like matching overalls and a more corporate approach. I think it will be a good combination [to work with Spedeworth].
“Deane has always shown respect for what RDC have achieved and is buying into what we do, not looking to change everything. The deal is just what Mildenhall Stadium needed.”
Wood has bought the property from where the residents had launched the noise complaint, which is 800 yards from the venue, to remove that problem.
Coventry added: “We have been able to put our staff ’s minds at rest, their futures are now secure. It will be business as usual at first, but going forward it will be even more business than usual.”