economic development

The City of Tulare has officially given up on a proposed speedway. The premature checkered flag for the Tulare Motor Sports Complex is hardly a surprise.

On the surface, auto racing tracks seem like a sexy way to generate big economic returns. Cities such as Indianapolis, Charlotte and Daytona Beach owe a good portion of their existence to auto racing. But these places are the exception, as numerous other cities have learned over the last decade.