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Bid Your Price – Benson, NC Motorsports Park! Benson, NC

Property Location MAP

555 Dragstrip Road
Benson, NC 27504

Property #: ATLAS26124

Preview Times


Thu. 11/12 @ 12:00PM - 1:00PM ET

Contact Agent

John Cates
Tranzon Key

919-622-8646 jcates@tranzon.com

David Barnhardt

704-806-3131 dbarnhardt@tranzon.com

Documents

STAY UPDATED

Description

Bid Your Price – Benson, NC Motorsports Park!

  • 112± Acres — Substantial Land Area with Motorsports and Investment Potential.
  • Established Motorsports Venue — Formerly known as Galot Motorsports Park, Currently Darana Motorsports Park.
  • Dedicated Drag Racing Facility — Purpose-Built Racing Surface and SupportingInfrastructure.
  • Updated Track Equ ipment – Includes Updated Track Screens, Timers, Etc
  • IHRA Event Exposure — Hosts Major Drag Racing Events Featured Through IHRA Broadcasts.
  • Updated Restaurant and Catering Facilities – Ready to serve the crowd at all you events.
  • Existing Improvements — Boasts Over 10,000 SF of Building Area.
  • Includes Planned Outdoor Concert Area – Partially constructed Pavilion and entertainment facility.
  • Established Event Destination — Supports Motorsports Competitions and Large-Scale Fan Events.
  • Includes Six Residences – Opportunity for additional income or staff housing.
  • Subject to Sale Prior to the Auction without Notice – Pre-Auction Offers Welcomed -Brokers Protected
     
555 Dragstrip Road presents a premier motorsports opportunity in Benson, North Carolina,featuring approximately 78.7 acres associated with GALOT Motorsports Park, an established drag racing and event destination. With existing racing infrastructure, building improvements,and a history of major motorsports events, the property offers an opportunity for continued racing operations, entertainment, and long-term investment.
 

All Property sold in “as-is, where-is condition. The Property is being offered through a Sealed Bid Auction Process (the “Sealed Bid”). Persons or entities wishing to participate in and qualify for the auction event (“Bidder”) are required to submit a fully executed Initial Bid & Binding Purchase Agreement along with a wire transfer of $100,000 (the “Initial Deposit”) no later than 5:00 PM CT, Tuesday, November 17, 2026. A 10% buyer’s premium will be added to the high bid to determine the total sale price. The parties submitting the three (3) highest Sealed Bids and/or those parties submitting Sealed Bids in an amount equivalent to Seventy-Five percent (75%) or more of the amount of the highest Sealed Bid received shall be deemed Qualified Bidders and shall be eligible to participate in a second round of online bidding (the “Auction”) to be conducted on Thursday, November 19th or Friday, November 20th. Qualified Bidders will be notified the specific date and time for each corresponding property Auction. After the conclusion of the Sealed Bid or Auction, the winning bidder is required to make an additional deposit (the “Additional Deposit”) to Tranzon in an amount totaling ten-percent (10%) of the total purchase price (the “Total Deposit”) within 24 hours of being declared the winning bidder. The Initial Deposit is credited toward the Total Deposit. The balance of the total sale price is due at closing within the timeframe specified in the Initial Bid & Binding Purchase Agreement. Seller may elect to accept the highest Sealed Bid received at its sole discretion. Seller may forego an Auction and convert any future round of bidding to a call for Best & Final Bids at its sole discretion. All Bids are Irrevocable upon submission to the Agent or Seller. The Seller will provide a Special Warranty Deed at closing. Please see the Bid Process and Instructions, and a sample Initial Bid & Binding Purchase Agreement for complete sale terms. All Properties are selling in their As Is and Where Is condition, subject to all easements, covenants, restrictions, leases and tenants in possession. Buyers are cautioned to carefully review the property information and terms and conditions. All Properties are subject to sell prior to the auction without notice.

 
     

NCAF4953

Terms & Conditions

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact John Cates

John Cates: Tranzon Key

919-622-8646 jcates@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

  • Buyer's Premium: 10% Buyers Premium based on the high bid.
  • Closing: 30-Day closing, sold in As-Is, Where-Is condition, no contingencies.
  • Deposit Amount: 10% deposit of the Total Sale Price in guaranteed funds.
  • Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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