Copart comments on Raceway Park speculation

By Anthony Caruso III | Publisher

On Tuesday night, Old Bridge Township Raceway Park in Englishtown, New Jersey shut down its racing operations. They stopped offering drag racing effective immediately.

The Napp family, who owns the track, has not granted any of our interview requests as of this post. In their announcement on Wednesday morning, they talked about having other forms of racing except drag racing.

Almost immediately, rumors began swirling about Copart going into a leasing agreement with the track. Yet, the online auction company is denying those rumors.

“Copart has not purchased or leased any part of Old Bridge Township Raceway Park,” Copart said in an official statement, according to Copart Senior Marketing Manager Kaci Schack.

Old Bridge Township Raceway Park will now reportedly become a concert venue. There are rumors floating around the Internet that the track was paid $75 million over 15-years to make this move.

Until the Napp family officially comments to The Capital Sports Report or another publication, we do not know what is true. Yet, we do know they have stopped drag racing there for the foreseeable future — and possibly ever.