Wiscasset Raceway sold
Kingfield couple buys the foreclosed racetrack, says they plan to re-open
Richard Jordan, the new owner of the Wiscasset Raceway, shakes hand with Wiscasset Town Manager Laurie Smith after Jordan bought the property at auction July 12. SUSAN JOHNS/Wiscasset Newspaper
Richard Jordan, the new owner of the Wiscasset Raceway, shakes hand with Wiscasset Town Manager Laurie Smith after Jordan bought the property at auction July 12. SUSAN JOHNS/Wiscasset Newspaper
A Kingfield man and his wife bought the Wiscasset Raceway at auction July 12.
Richard and Vanessa Jordan will pay $130,000 for the foreclosed property, which they plan to re-open. Richard Jordan used to race at the Wiscasset Raceway and said after the auction the property will remain a racetrack.
Jordan, who owns a Kingfield lumber company, said he didn't come to the auction planning to buy the property. He was hoping somebody with “deep pockets” would buy it, “but we’ll do it,” he said.
After the auction a swam of attendees congratulated Jordan, many of them offering to help him re-open the track.
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