Well, hate to say we saw this coming, but here is the first fallout from the Goodyear bill.
After some disagreement with the Concord Town Council regarding his proposal to build a drag strip, Bruton Smith, owner of Lowe’s Motor Speedway in Concord, is now threatening to move the track somewhere else (like Rock Hill, SC).
Hmm… large economic engine in the county threatening to move if they don’t get their way. I wonder where he learned that trick?
Concord has already stated they will step forward with an "incentive" package to convince him to stay.
How long until Gov. Mike "Crash" Easley pokes his head out of his woodworking shop to offer state assistance?
Would Bruton Smith really move Lowe’s Motor Speedway somewhere else, or is he just blackmailing the town, county and state into giving him cash?
I suspect the latter, and I say call his bluff. Let’s stop being held hostage by businessmen looking to fatten their wallets off our tax dollars before this snowballs any more.
Our worst fears from the Goodyear precedent are coming true.