Monday, March 05, 2007

International Motorsports Entertainment and Development Corporation to Create World Class Motorsports Complex within the Minneapolis-St. Paul Market
International Motorsports Entertainment and Development Corporation today announced plans to enter the Minnesota Sports and Entertainment Arena through development of a state-of-the-art Motorsports complex within the Minneapolis-St. Paul market. The $200 million complex will include a paved ¾ mile high banked oval suitable for NASCAR, ASA, ARCA and IRL style racing as well as a one-quarter mile NHRA style drag strip.

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