DOVER MOTORSPORTS, INC. (NYSE:DVD) Files An 8-K Entry into a Material Definitive Agreement
Item1.01 Entry Into Material Definitive Agreements.
On March22, 2017, we entered into a second amendment to our
August25, 2016 agreement to sell Nashville Superspeedway which
extends the agreement by an additional 60 days and requires that
the Purchaser deposit additional earnest money in the amount of
$250,000.
Amendment No.2 dated March22, 2017 to Purchase and Sale Agreement
by and between Dover Motorsports, Inc., Nashville Speedway, USA,
Inc. and PDC TN/FL, LLC. is attached to this Form 8-K as Exhibit
10.1.
Item9.01 Financial Statements and Exhibits
| (d) | Exhibits |
10.1 Amendment No.2 dated March22, 2017 to Purchase and Sale
Agreement dated August25, 2016 between Dover Motorsports, Inc.,
Nashville Speedway, USA, Inc. and PDC TN/FL, LLC.
About DOVER MOTORSPORTS, INC. (NYSE:DVD)
Dover Motorsports, Inc. is a marketer and promoter of motorsports entertainment in the United States. The Company, through its subsidiaries, owns and operates Dover International Speedway in Dover, Delaware, and Nashville Superspeedway near Nashville, Tennessee. The Dover International Speedway is located in Dover, Delaware, on approximately 770 acres of land. The Nashville Superspeedway is a motorsports complex located on approximately 1,400 acres of land in Wilson County and Rutherford County, Tennessee. The Company promotes approximately six National Association for Stock Car Auto Racing (NASCAR)-sanctioned events at the Dover International Speedway, including two races in the NASCAR Sprint Cup Series professional stock car racing circuit, two races in the NASCAR XFINITY Series racing circuit, one race in the NASCAR Camping World Truck Series racing circuit and one race in the NASCAR K&N Pro Series East racing circuit. DOVER MOTORSPORTS, INC. (NYSE:DVD) Recent Trading Information
DOVER MOTORSPORTS, INC. (NYSE:DVD) closed its last trading session 00.00 at 2.10 with 899 shares trading hands.