YORKTON - The current home of the Yellowhead International Speedway in Yorkton may not always be home to the track.
The lease for the parcel of land race organizers have had with the city has ended, and the city has advised they will not sign a new lease.
“They were told we wouldn’t sign a new lease,” informed Yorkton Mayor Mitch Hippsley.
Hippsley said the land, located where it is has drawn “a few enquiries” from parties potentially interested in purchasing the land for commercial development.
While no formal offer has been made on the land, Hippsley said the city felt it was prudent not to renew the lease.
However, the stock car track may remain on the site until the land is sold, said Hippsley, adding the city is not even taking a rental fee at this point.
“City Council recognizes the importance of having this very important amenity and organization and how much it benefits the city in numerous ways,” he said. “In no way do we want push them out.”
If sold, the track association has been told they will be given 120 days to leave.
Hippsley said in the event the property sells for commercial development, the city will work with the group to find a new home.
** Yorkton This Week is awaiting a return call from track officials for more on the story.
