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Article: Brainerd International Raceway Sees Growth After Very Successful Racing Season
- Article from:
- PR Newswire
- Article date:
- December 3, 1996
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Copyright informationCOPYRIGHT 1996 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MINNEAPOLIS, Dec. 3 /PRNewswire/ -- Brainerd International Raceway, Inc., a subsidiary of The Colonel's International, Inc. (Nasdaq: COLO), announces a very successful racing season. Gross revenues exceeded $2,500,000 for the second year in a row. The subsidiary closed out the third quarter ending September 30, 1996 with profits of $317,000.
The multi-purpose race track located in Brainerd, MN operates from May through October with their largest event, the NHRA/Champion Auto Stores National Drag Races held in August. Attendance at this event was up approximately 6% over 1995 exceeding 101,000 spectators.
Earlier this year, Donald J. Williamson, Chairman of the ...
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