Dowe Sells Sydney Speedway to Local Racers and Businessmen
(BEDFORD, NS – July 21st, 2021) – Greg Dowe and the PPM Inc. Racing team have announced the sale of Sydney Speedway to Late Model Sportsman racer Lynden MacDougall and Kyle Mackinnon. The deal has been finalized as of earlier this week with MacDougall, Mackinnon and his staff taking over operations of the almost 50 year old facility, built by Wendell “Bud” Greer, effective immediately.
Dowe, who purchased the Speedway in January 2019, said he and MacDougall began talking about the potential purchase of the Speedway in late 2020.
“After we purchased the facility, even with the COVID-19 pandemic, our lives got busy both professionally and personally,” said Dowe on the decision to sell the track. “Our businesses away from the race track have seen growth and our kids are growing up, taking away valuable time we wanted to devote to the Speedway. I had no intentions on selling the track, we released our schedule, new divisions and information for the season before COVID swept through with another wave. When Lynden and Kyle came along and showed interest in the track, it proved to be the right time to step back. They will bring more life back into the Speedway, I wish them all the best and look forward to seeing what the future holds!”
“We feel proud to have resurrected oval racing on Cape Breton Island and this time, instead of the track sitting idle, it is a change of ownership that will see the track continuing to operate. I would like to take this opportunity thank all the marketing partners, staff, racers and fans for all of their support over the last two years. A special thanks to Kody Quinn for all his help behind the scenes to make sure the facility has been ready to go for race day.”
While one door is closing for Dowe, one remains open for Dowe as he plans on still competing at the track with his team.
“We love the facility and the people, it is a great place to come and race,” said Dowe of the track. “The folks in Sydney have been nothing short of accommodating and the fans are as loyal here as anywhere in North America. We will still be racing there as our schedules permit with Dylan and Brooke along with the hopes of bringing a Sportsman car up at some point.”
Fans can watch the Sydney Speedway Facebook Page and SydneySpeedway.ca for future information from MacDougall, Mackinnon and their operations team about the upcoming 2021 racing season.
About Sydney Speedway:
Opened in 1975, Sydney Speedway has built a racing tradition on Cape Breton Island over the past four decades. The track is home to a number of stock car racing divisions, a destination for local touring series and motorsports events. For more information on Sydney Speedway, find them online on various social media platforms at @SydneySpeedCA and at SydneySpeedway.ca.