CT Chapter February B/S thread
Elder User
Joined: Aug 2010
Posts: 602
Likes: 0
From: Guilford
It doesnt matter what they had for insurance, they owed millions on the building, and had gone bankrupt before it even opened 6 years ago. They called in my girlfriends father last year to manage it and bring in more riders so they could start nocking back the enormous mortgage, which he ended up making them some ridiculous amount of money but since they make all of their money in the winter and close down in the summer they still owed millions of dollars on the building.
They couldnt even afford to run the heat or ventilation system, they just kept the bay doors (they are huge) open this winter. I had already come to the conclusion that theyd be closed forever within the next 3 years, and after this i guess im right.
The riding arena is about the size of 2 football fields, maybe slightly less. with only Huge beams that span from side to side. it was definitely a strong design, just when they designed it i dont think they took into account uneven weight distribution of tens of thousands of pounds on the roof from snow being shoveled off.
They couldnt even afford to run the heat or ventilation system, they just kept the bay doors (they are huge) open this winter. I had already come to the conclusion that theyd be closed forever within the next 3 years, and after this i guess im right.
The riding arena is about the size of 2 football fields, maybe slightly less. with only Huge beams that span from side to side. it was definitely a strong design, just when they designed it i dont think they took into account uneven weight distribution of tens of thousands of pounds on the roof from snow being shoveled off.
Elder User
Joined: Aug 2010
Posts: 602
Likes: 0
From: Guilford
Ok, as i said before my girlfriends father used to run mototown usa for the owner, Tommy D. At 9 this morning the owner of mototown called my girlfriends father (he owns an insurance company) and he asked to take out insurance on the building and roof..
Seems a little fishy considering Mototown has been in and out of bankruptcy since day 1, and the owner called to takeout insurance literally 2 hours before the building collapsed..
I guess im just drawing conclusions, but if you knew the owner of mototown like everyone in the motocross world you would know the type of guy he is..
Either way hes definitely screwed because his multi million dollar facility just collapsed and he had no insurance
Seems a little fishy considering Mototown has been in and out of bankruptcy since day 1, and the owner called to takeout insurance literally 2 hours before the building collapsed..
I guess im just drawing conclusions, but if you knew the owner of mototown like everyone in the motocross world you would know the type of guy he is..
Either way hes definitely screwed because his multi million dollar facility just collapsed and he had no insurance
Cargo Master
Joined: Apr 2002
Posts: 3,027
Likes: 9
From: Manchester, CT USA
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