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Fair Board votes for Formosa to head 2012 Speedway effort
by T D Davis
A member of one of Middle Tennessee's most prominent
racing families has been chosen by the Tennessee State
Fair Board of Commissioners to head the Fairgrounds
Speedway in 2012.
Tony Formosa, Jr., who also was head of the program in
2010, was chosen over a group of investors led by
Sterling Marlin, Chad Chaffin and Mike Alexander, whose
families also have rich racing heritages associated with
the historic Fairgrounds Speedway.
Several of the commissioners said that because of his
success at the track in 2010 they felt comfortable with
Formosa who also made a bid for the track in 2011. That
effort lost out to a partnership consisting of Bobby
Hamilton, Jr. and Chad Chaffin when they offered more
money for the lease.
Chaffin left the partnership after a disagreement with
Hamilton, Jr., and problems ensued that eventually
forced the Fair Board to revoke Hamilton, Jr.'s lease.
Formosa said he would immediately begin work on
implementing his business plan to help ensure a
successful 2012-racing season at what many people call
the best short track racing facility in America.
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