|
I'm sure Bob and a few others out there can correct me if I'm wrong, but here's the part you may not understand.
There's Mike Romeo who last ran the track before Bob, and Gino Romeo, Mike's father, who ran the track before Mike. We know Gino owned the track before Mike came in. We know there were/are businesses for Romeo Motorsports, and Batavia International Motorsports Park, Inc., both owned by the Romeos. We don't know if there was a transfer of ownership of the track from Gino to Mike. We don't know which business the track is listed under.
So, here are the questions to be answered.
1. Does Gino own the track, or does Mike?
2. Is the track a part of the Romeo Motorsports business, or the BIMP, Inc business? Just because the track is named BIMP, doesn't mean its being run under that business name as well.
3. Which Romeo owns BIMP, Inc (the business) thats going to be liquidated?
4. If the track is not under the BIMP, Inc business, what at the track is, and how liquidation of these items affect our operations?
Until we can get any real facts about whats going on, just come out and race.
BTW, here is the actual bankruptcy listing:
Batavia International Motorsports Park Inc., 3490 Harloff Road, Batavia, C-7,$263,701,$1,222,007.37.
|