In a letter distributed to fans, racers and media, Bader Jr. explained that resuming the 2020 season was untenable for the track and would likely result in a financial net loss for the track.
“While faced with trying to produce events that would not, under current circumstances, hold up to the high standards that I set years ago when I took over the family business from my father, I was well aware that we had already lost 83% of our revenue for the year, and we wouldn’t be able to make the money we need to make to successfully sustain operations if we opened. In fact, we would lose money, and I can’t responsibly take that financial risk,” Bader Jr. said in the letter. “So I decided that I owed it to Summit Motorsports Park racers, race fans, sponsors and supporters to cancel this season, and start planning to make the 2021 season the most magnificent and monumental yet.”
Click here to read the full letter.
