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RALEIGH, N.C. (AP) — One of the country's largest auto racing track operators can't claim local officials reneged on an offer of $80 million in tax breaks because there was never a binding contract for the money in exchange for building a new drag strip and making upgrades at the Charlotte Motor Speedway, a court ruled Tuesday.
Thomas R. Lyons Jr. told commissioners he’ll be a hands-on owner, at the establishment for most of the 55 hours a week it will be open. Lyons said operating hours would be from 2 p.m. to 1 a.m., five... 0