Toole County, Utah commissioners made a surprise announcement on Tuesday, that Miller Motorsports Park has been sold to Chinese company Mitime Investment and Development group for $20 million. You may not have heard of Mitime, but you’ve probably heard of its parent company, Geely, which is China’s largest car company and current owner of Volvo.
Originally constructed in 2006 by Salt Lake City billionaire and Utah Jazz owner Larry H. Miller, the track was left to Toole County in 2014 after the Larry H. Miller Group of Companies (Miller passed away in 2009) decided not to renew its lease on the property. According to The Salt Lake Tribune, county commissioners opted to sell the track rather than shut it down.
That being the case, all track operations will continue as they were and all 90 employees at Miller Motorsports Park will keep their jobs. The 23-turn, 4.48-mile track currently hosts several sports car races, including a round of the Pirelli World Challenge, and motorcycle races. Its also home to the Ford Performance Racing School and formerly hosted rounds of the American Le Mans Series.
MMP’s new owners also a have a few updates and additions in mind. Both an oval test track and drag strip are planned, as well as a new hotel that will house Geely drivers, mechanics, and any other personnel with business at the track.
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