Home » NH Angle

October 02. 2013 1:07PM

NHMS owner loses $80M suit over tax breaks
Source: http://www.salon.com/2013/10/01/nc_court_dumps_speedways_suit_over_80m_deal_2/

NASCAR drivers line up on the track before taking practice runs at New Hampshire Motor Speedway in Loudon. 

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.

CLICK TO VIEW THE SOURCE MATERIAL

LATEST NEW HAMPSHIRE ANGLE

An aggregation of NH information by the staff and audience of the New Hampshire Union Leader, The Goffstown News, The Bedford Bulletin, The Hooksett Banner and The Salem Observer. Share a news link or start a discussion.

Courts/Oversight

U.S. District Court denies PSNH motion to dismiss CLF suit over Bow plant

USA Springs property, once valued at $125m, on the market for $2 million

Winchester man indicted in connection with crash that killed his brother

New Hampshire earns ‘F’ for judicial financial disclosure

Judge upholds $10.5M ruling against Karl Hahn

RGGI states urge EPA to let success of regional plan guide power plant rules

Supreme Court’s pass on sales tax challenge worries NH anti-tax advocates

Portsmouth officer's inheritance challenge stalled by lawyer's 'yearlong sabbatical'

Opinion

Portsmouth Herald: Silence on Reams is not right

Paul Mirengoff: Dartmouth spends 14.5% more educating 36% fewer students than Brown

WaPo - Sean Sullivan: Why Scott Brown’s no sure bet to run for U.S. Senate from New Hampshire

National Review - Kevin D. Williamson: Taste and Taboo, the Id and the Ick

Gov. Maggie Hassan: All hands on deck - Inclusion can solve problems

John E. Sununu: Flawed Obamacare not at all fixable

Atlanta Journal-Constitution - Jay Bookman: On the filibuster, Judd Gregg has no idea what he's talking about

MSNBC - Steve Benen: The peripatetic Bob Smith

General News

`

 New Hampshire Events Calendar
    

   » SHARE EVENTS FOR PUBLICATION, IT'S FREE!

Arts and Entertainment
Family, Community and Culture
Outdoors, Sports and Recreation

Most Read

11/14/2013
New England ski areas build off last season’s momentum, profits
10/25/2013
NH health officials discover listeria contamination in ready-made chicken salad, recall ordered
11/22/2013
PGA.com: New Hampshire man snags back-to-back aces on par 4s
11/25/2013
Charles M. Arlinghaus: The current budget is all New Hampshire can afford
11/18/2013
Judd Gregg: Impact of shutdown lingers
11/21/2013
Jury quickly declares country singer Eric Grant not guilty of sex assault

Most Comments

Most Shared

Blue Jays prospect Murphy a cult hero Down Under

Portsmouth Herald: Silence on Reams is not right

Marilinda Garcia shrugs off political vitriol

Shaheen and Gregg, New Hampshire’s political odd couples

Hassan signs New England pact to expand gas, electric transmission

NHDOT kills lights on bridge across the Connecticut River to save money