Not always easy to make a racetrack turn a profit these days.
Insurances are through the roof..... etc etc.
Then someone says, you could turn that into x number of housing blocks and you can retire.
Unless you a very wealthy and that's no guarantee either , most will sell up like a shot.
Very similar to farming land..... bust ya arse from sun up to sunset.
Great grandad, then grandad, then dad, then the son says whoa, hang on a minute.
Bust my arse all day or sell for 10 million and retire.
I hate seeing racetracks close..... but you'll never stop it.
What was once out in the boonies is now Res A