New Georgia racing facility needs investors - WALB.com, Albany News, Weather, Sports

New Georgia racing facility needs investors

Posted: Updated:
  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Albany teen seriously injured by hit & run driver

    Albany teen seriously injured by hit & run driver

    Tuesday, July 29 2014 4:02 AM EDT2014-07-29 08:02:54 GMT
    Albany Police searching for hit and run driver.More >>
    Albany Police searching for hit and run driver.More >>
  • Albany teen seriously injured by hit & run driver

    Albany teen seriously injured by hit & run driver

    Tuesday, July 29 2014 4:00 AM EDT2014-07-29 08:00:52 GMT
    Albany Police searching for hit and run driver.More >>
    Albany Police searching for hit and run driver.More >>
  • Worth Co. hosts open house

    Worth Co. hosts open house

    Monday, July 28 2014 11:24 PM EDT2014-07-29 03:24:37 GMT
    It's already back to school time for some south Georgia students. Classes start tomorrow in Worth County.On Monday afternoon, all the schools held open houses for parents and students.At Worth County elementary, families got to met the teachers and get acquainted with the school.The Principal says the staff is ready, and parents told us they appreciated the open house."We are just going to keep going strong with things that we have done in the past, we had a very successful school year last y...More >>
    It's already back to school time for some south Georgia students. Classes start tomorrow in Worth County.On Monday afternoon, all the schools held open houses for parents and students.At Worth County elementary, families got to met the teachers and get acquainted with the school.The Principal says the staff is ready, and parents told us they appreciated the open house."We are just going to keep going strong with things that we have done in the past, we had a very successful school year last y...More >>
AMERICUS, GA (WALB) -

The folks behind a planned multi-million dollar South Georgia racing facility are looking for investors.

Investors in Star Racing's 470 acre Americus Motorsports Complex will be structured through a Private Placement Memorandum with specific contribution minimums.

AMC officials are working on loans for $7.5 million.

They say plans are moving ahead and they're looking forward to breaking ground.

"It looks good, we are putting together the  paperwork and the forms needed to have a pro forma where we can put together an investor package that would be of interest to people that are looking for a short term and long term investment opportunity. So it's coming together pretty fast," says George Bryce of Star Racing.

AMC officials hope to break ground by the end of this year.

Copyright 2013 WALB.  All rights reserved.