April 25, 2024 5:43 pm
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Another race around the track: Yavapai Downs up for sale again

start-gates-for-horse-races-caucasus-russia-37859410By Bob McClay | KTAR

The former Yavapai Downs horse racing track in Prescott Valley is for sale.

Again.

It’s been closed since it went into bankruptcy in 2010. Scottsdale’s Gary Miller bought it at an auction, along with the speedway next to it, last year. He paid $5.5 million.

He renamed it the Prescott Valley Race Course and Prescott Valley Speedway. The car race track has reopened and is a success, drawing between 500 and 1,000 fans a race. But Miller has never been able to get the horse track out of the starting gate.

Continued: 

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.