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Pinal County Motorsports Venue Undergoing $30M Expansion
Apex Motor Club wants to add on to its already robust motorsports facility in Maricopa. The expansion proposal includes amenities such as an improved clubhouse, 86 private for-sale storage garages and a helicopter pad, in addition to the already-completed second track that’s two miles in length.
The new facilities would also feature on-site villas and car condominiums, the country’s only trackside garages, at a cost of $30 million. It still needs approval from the town’s planning commission.
The Phoenix Business Journal reports Private Motorsports Group, the club’s owners, announced that RJT Capital, had become the Maricopa club’s sole owner, along with a number of high profile backers such as Craig Jackson, CEO of the Barrett-Jackson Collector Car Auction, IndyCar driver and NBC Sports commentator Paul Tracy and two-time Indianapolis 500 winner Arie Luyendyk.
RJT Capital financed the facility’s $20 million second track, which spans two and a half miles and brought the club’s total track length to four miles, with 17 turns and four different configurations.
- ◦Development
