Bob Sargent, president of Track Enterprises, and Gregg McKarns of the AMTW released a joint statement regarding the transaction. The acquisition will see AMWT Series owners Gregg and Angie McKarns and officials continue to work with the series for the foreseeable future, the statement said.
“As the asphalt Super Late Model landscape continues to change, we look forward to where the Track Enterprises team can take the Tour. This will allow Angie and I to still promote numerous Super Late Model events throughout the region, while streamlining other operational aspects involved in Super Late Model racing across the nation,” said McKarns.
In addition to the ARCA Midwest Tour, Gregg and Angie McKarns promote and operate Madison International Speedway in Oregon, WI, Angell Park Speedway in Sun Prairie, WI, and the Oktoberfest Race Weekend at LaCrosse Fairgrounds Speedway.
Established in 1985, Track Enterprises is a motorsports marketing and event promotions company, hosting local, regional and national events. Headquartered in Macon, Illinois, Track Enterprises is involved in over 100 events annually. Sargent recently announced the acquisition of Champion Racing Association, inclusive of the ARCA/CRA Super Series, JEGS/CRA All-Star Tour, and two additional regional grassroots racing series, the organization said.