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  5. ›Kewaunee Co. seeking new promoter for Luxemburg Speedway

Kewaunee County·Wisconsin

Kewaunee Co. seeking new promoter for Luxemburg Speedway

Closes 12/5/2023$50k – $150kRequest for Proposal
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Description

Kewaunee County is soliciting proposals from qualified promoters to operate a weekly stock‑car racing program at the Luxemburg Speedway located on the Kewaunee County Fairgrounds for the 2024 season. The County will provide the venue, concession stands, and the track‑maintenance building, but the selected promoter must supply or purchase any additional lighting, public address systems, warning lights, and other equipment needed for a successful program. The promoter must also secure a performance bond, maintain adequate insurance (minimum $5 M aggregate/$1 M per occurrence), and may need a separate contract with the County Highway Department for track maintenance. An annual rent of approximately $16,000 will be paid to the County, while the promoter can generate revenue through ticket sales, concessions, sponsorships, and event fees.

Attached files

Contact

Dave Myers(Promotions & Recreation Director)

[email protected]

(920) 388-0444

Key dates

Opened
10/20/2023
Closes
12/5/2023
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Sports and Recreation
NAICS
711310

Budget estimate

$50,000 – $150,000

The County’s annual rent is $16,000, but the promoter’s revenue will come from ticket sales, concessions, sponsorships, and possibly entry fees. Assuming modest attendance (≈600‑1,200 per event) and 12‑15 races per season, gross revenues could range from $80,000 to $250,000. After operating costs (staff, equipment, insurance, bond, lighting, etc.), net profit is likely between $50,000 and $150,000 for a well‑managed promoter.

AI estimate from the solicitation

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