DONNELLSON, Iowa – A deal was reached Thursday evening for the purchase of Lee County Speedway, Inc., which operates a weekly racing program at the Lee County Fairgrounds.
Terry and Jenni Hoenig , who had served as owners for 14 years, announced that Dave and Yvonne Sapp of Keokuk will be the new owners of the racetrack. The Hoenigs had purchased the track from Lynn Richard in 1998.
“It has been a great 14 years of our lives,” Terry Hoenig said. “We’ve met a lot of wonderful people and made a lot of great memories. We consider everyone at the speedway family.
“We are very excited about the future of the speedway. Not only are the new owners going to carry on great weekly racing action, but they also have some fresh ideas that will improve the racing program for racers and fans.”
Dave Sapp steps to the ownership roll at Lee County Speedway after having owned a race team for 12 years. The Sapps are also the owners of Arrowhead Bowl in Keokuk.
“How often do you get to do something you love to do?” he said. “I got into bowling because I loved it and now I’m in the racing business for the same reason.”
It was announced in August that the track was for sale, and the sale ends speculation of what will happen at the track in the 2012 racing season.
“Jenni and I are very excited that we are able to make this announcement at the end of October,” Terry said. “This will allow racers, fans and sponsors ample time to gear up for the 2012 season.”
Dewain Hulett will be the new promoter/race director at the track and begins his duties immediately. Many of the changes that had been set in motion throughout the 2011 season will be followed through for the 2012 campaign under new management.
“I am very excited to take on the responsibilities as promoter/race director at Lee County Speedway,” Hulett said. “I have grown very fond of the track as an employee the last four years under the previous ownership and feel that we, as the new management, will continue the track’s success and build it to an even higher level.”
Throughout the sales process, Terry Hoenig said it was important to find a buyer that would continue the weekly racing program at Lee County Speedway.
“We have spent 14 years building a strong weekly race program, while providing entertainment for our fans,” Terry said. “Jenni and I are committed to helping the new owners with a smooth transition, as they learn the ins and outs of the business side of racing.”
The new management hopes to build on what has been one of the most successful racetracks in the state of Iowa .
“It makes us proud to have the opportunity to call ourselves the owners and managers of this great speedway,” Hulett said. “While there will be some changes made for the 2012 season, the groundwork has obviously been laid for a very successful year. We look forward to building new relationships with the racers, sponsors and fans.”
More information will be released in the near future by the new management team, including the official announcement of the five classes that will compete at Lee County Speedway in 2012.