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CALIFORNIA SPEEDWAY: NEW AT FONTANA: THE SKY'S THE LIMIT.


Byline: Doug Padilla Douglas ("Doug") Padilla (born October 4, 1956 in Oakland, California) is a former middle and long distance runner from the United States, who won the overall Grand Prix 1985 and the World Cup 5000m race in 1985.  Staff Writer

On a clear day, the new skybox sky·box  
n.
An elevated, usually enclosed private compartment for viewing events at a sports stadium.

Noun 1. skybox - an elevated box for viewing events at a sports stadium
 suites at California Speedway The California Speedway is a two-mile, low-banked, D-shaped oval superspeedway in Fontana, California, similar to that of "sister track" Michigan International Speedway. It is located approximately 40 miles east of Los Angeles on the site of the former Kaiser Steel mill.  offer the most scenic view in Fontana.

Come race day, though, the scene to watch is the one that extends no further than the track's backstretch back·stretch  
n.
The part of an oval racecourse farthest from the spectators and opposite the homestretch.
.

For the first time since California Speedway opened three years ago, suite-holders will get a view of the entire racetrack, as the facility's latest expansion phase is nearly complete.

A total of 28 skybox suites above the grandstand and two additional elevator towers were built and are on schedule to be ready for the NASCAR NASCAR (National Association for Stock Car Auto Racing), organization that sanctions American stock-car races, est. 1948. It held its first race in Daytona Beach, Fla.  Craftsman Truck Series and CART season finales the last weekend of October.

The $6.5 million expansion, which began immediately after the NASCAR Winston Cup race May 2, is modest considering the grandstand extends nearly a mile down the track's frontstretch. By conservative estimate, there is room for at least another 70 skybox suites.

But suites will be supplied only if there is a demand.

``Twenty-eight is a pretty hefty number to add to the luxury-suite marketplace,'' California Speedway marketing director Craig Rust said. ``But we're confident with the growth of NASCAR and the strength of motorsports as a whole.''

While all 71 of the terrace suites on the California Speedway infield have been occupied for every race weekend thus far, a few obstacles stand in the way of keeping suites at 100 percent of capacity in the future.

Rust said that an undetermined number of skybox suites are available for the Oct. 30-31 race weekend. Since some terrace-suite holders transferred their leases to skybox suites, terrace suites were available, but the last of those was taken Tuesday.

The awkward timing of the expansion means that more suites have been added just as original three-year suite leases are coming to term. Ultimately, the speedway Speedway, town (1990 pop. 13,092), Marion co., central Ind., just W of Indianapolis; inc. 1926. The Indianapolis Speedway, site of the annual Indianapolis 500 car race, is located there. There is also light manufacturing.  not only needs 28 new parties interested in a suite, it will need replacements for all parties that elect not to renew their original leases.

The suites come at a hefty price: $70,000 per season for a super skybox (49-person capacity), $50,000 for a skybox (30-person capacity) or $45,000 for a terrace suite.

Rust is optimistic op·ti·mist  
n.
1. One who usually expects a favorable outcome.

2. A believer in philosophical optimism.



op
 that all suites will be occupied on the last weekend of October, but he isn't certain.

``The goal is a sellout sellout

The distribution of all the securities in a new issue by the selling group.
, but we're dealing with a time limit,'' Rust said. ``We didn't start the expansion until after the Winston Cup race.''

Another difficulty Rust cited is that most businesses already have budgeted money for the year and might be hardpressed to come up with a minimum of $45,000 at such a late date.

Rust said the suites are more geared to businesses than to the the hardcore race fan who wants to spend a casual day at the track in a comfortable setting.

``They're used for prospective clients, current clients and as an incentive for current employees,'' Rust said. ``Because they are not inexpensive, to get a guy that will pay $70,000 because he's a race fan typically doesn't happen.''

Kirk Van Matre, president of Van Matre Lumber lumber, term for timber that has been cut into boards for use as a building material. The major steps in producing lumber involve logging (the felling and preparation of timber for shipment to sawmills), sawing the logs into boards, grading the boards according to  in Fontana, is in his third year of leasing a suite and just had his lease transferred from a terrace suite to one on the skybox level.

``We are motor-racing fans and the location is very attractive for us,'' said Van Matre, who uses his suite to treat clients. ``There is no doubt that (the skybox) is the best place to spectate spec·tate  
intr.v. spec·tat·ed, spec·tat·ing, spec·tates
To attend (a horserace or other sporting event, for example) as a spectator.



[Back-formation from spectator.
 from.''
COPYRIGHT 1999 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Sports
Publication:Daily News (Los Angeles, CA)
Date:Sep 24, 1999
Words:573
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