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Article: Mile away: State Fair Park again wants to lease out racetrack
- Article from:
- The Milwaukee Journal Sentinel (Milwaukee, WI)
- Article date:
- October 24, 2004
- Author:
CopyrightCopyright 2004 The Milwaukee Journal Sentinel. Provided by ProQuest LLC. (Hide copyright information)
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Mile away: State Fair Park again wants to lease out racetrack
West Allis -- Auto racing, it turns out, is not a business the
state wants to run.
Just 17 months after resuming control of the money-losing
Milwaukee Mile, the State Fair Park Board is looking to farm it out
again, saying the losses are too great and the business too risky for
the state to underwrite.
"The real issue here is whether the state should be in this
business," State Fair Park Chairman Martin Greenberg said Friday of
the Mile, which lost $2.5 million in its first full year since the
state bought out its contract with Carl Haas Racing Ltd. in 2003.
"Based on this performance, it's clear that this is a sportsman's
game, ...