Auction Time! 298+/- Acres of Racing Legacy, Event Space & Development Potential!
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Established Motorsports Venue — Dragway 42 has operated since 1957, with a major facility renovation completed in 2017.
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298± Acres — Expansive property footprint offering substantial room for continued motorsports operations, events, and future development.
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¼-Mile Drag Strip — 60-foot-wide racing surface with approximately 4,200 feet of total racing and shutdown area.
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IHRA-Sanctioned Facility — Established national drag-racing platform with an active event schedule.
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Multi-Use Event Venue — Hosts drag racing, autocross, truck and tractor pulls, concerts, festivals and specialty events.
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Modernized Racing Infrastructure — First 750 feet of the track in concrete, with asphalt beyond and dedicated shutdown facilities.
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Strategic Northeast Ohio Location — Located in West Salem with convenient access to the broader Cleveland–Akron–Medina market.
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Established National Racing Brand — A recognized destination for racers, teams, automotive enthusiasts and major event promoters.
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Subject to Sale Prior to the Auction without Notice – Pre-Auction Offers Welcomed - Brokers Protected
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Dragway 42 presents an established motorsports and event investment opportunity in West Salem, Ohio. Operating since 1957 and substantially renovated in 2017, the facility features a ¼-mile, 60-foot-wide drag strip with approximately 4,200 feet of racing and shutdown surface, modern racing infrastructure, and an IHRA-sanctioned platform. With a proven history of drag racing and large-scale events, Dragway 42 offers a strong foundation for continued motorsports operations, entertainment and development 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.
Tranzon Asset Advisors, Edward D. Durnil, OH Auctioneer/Broker #200800096