Who Wants To Buy Palm Beach International Raceway?
Florida's Palm Beach International Raceway, a 174-acre complex north of Palm Beach, is up for sale on Loopnet. The property has a drag strip, a road course, a kart track, a clubhouse — everything but a price. The listing asks for offers, but if you have to ask, well, you know the rest.
PBIR was founded back in 1964, and has played host to all sorts of events in its years. Everything from SCCA Trans Am races to Speed TV's 'Pinks,' 'Top Gear's' USA special, and Eric Clapton himself have graced its hallowed halls. Now, though, the track is largely just being offered up for its property — the listing says the property can be parceled out for construction or used for government contracting with a 'strong labor pool.' In fact, the listing's body text doesn't mention the track at all:
- UTILIZE EXISTING IMPROVEMENTS OR CONSTRUCT INSTITUTIONAL QUALITY INDUSTRIAL PRODUCT - IDEAL CONFIGURATION FOR LARGE BTS FOR SALE OR LEASE - STRATEGIC LOCATION FOR GOVERNMENT CONTRACTING - STRONG LABOR POOL - POTENTIAL ECONOMIC INCENTIVES
This would be an ignominious end to such a historic track, though, so one of you needs to buy it and keep letting clubs use its strip and road course. I know Jalopnik's readers are primarily bored billionaires with money to burn, so point some of that pocketbook towards Palm Beach International Raceway. We know you're good for it.
h/t The Drive
For the latest news, Facebook, Twitter and Instagram.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Newsweek
02-08-2025
- Newsweek
Legal Storm Hits America's Most Popular Real Estate Website
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. America's most popular real estate website, Zillow, has been hit by a new lawsuit this week as rival platform CoStar Group claims it has illegally used tens of thousands of its watermarked images. It is the second legal battle facing Zillow this summer, after New York-headquartered real estate brokerage Compass filed an antitrust lawsuit against it in late June alleging that Zillow's new listing policy restricts competition and harms consumers. While the two cases are very different, Ladah Law Firm's trial attorney Ramzy Ladah told Newsweek that the two lawsuits converge on the same question: "How much power a dominant digital portal may wield over the lifeblood of residential real estate, which is timely, accurate listing data, and the media that sells it?" One lawsuit essentially asks whether a platform can police distribution rules in a way that disadvantages rivals; the other asks whether that same platform can lawfully display content it did not license. "Together, they test the outer limits of platform control in housing," Ladah said. Newsweek contacted Zillow for comment by email on Wednesday but did not receive a response. What Are the Lawsuits About? CoStar Group, which owns the website LoopNet, and filed its lawsuit against Zillow on Wednesday, accusing the company of posting 46,979 of their copyrighted real estate listing photos without their permission. According to the lawsuit, filed in a federal court in Manhattan, Zillow's use of CoStar Group's images undermined its ability to stand out against competitors, particularly for rental units. "Zillow's theft of tens of thousands of CoStar Group's copyrighted photographs is nothing short of outrageous," Andy Florance, CoStar Group's founder and CEO, said in a press release on Wednesday. "Zillow is profiting from decades of CoStar Group work and the billions of dollars we have invested. Even worse, Zillow is magnifying its infringement on Redfin and he added. "If these other sites do not immediately remove our images, we will have no choice but to sue them as well. We are committed to stopping this systematic infringement and holding the wrongdoers to account." Compass filed its antitrust lawsuit in June after months of back-and-forth between the two companies over Zillow's policy to ban private home listings. Essentially, the policy means that if a home seller or their agent markets a property off Zillow for more than one day, then that home cannot be listed on its platforms. The lawsuit, filed in the U.S. District Court for the Southern District of New York, alleges that "Zillow has sought to rely on anticompetitive tactics to protect its monopoly and revenues in violation of the antitrust laws." Zillow has denied having engaged in anticompetitive tactics, saying that the company has always stood for "transparency and equal access to information" while "Compass has been waging a campaign against market transparency to the detriment of consumers and agents." The practice of taking a home off Zillow and test prices elsewhere, Zillow said, makes the housing market less transparent. "Zillow's 'Zillow Ban' policy can force agents to play by their rules if they want visibility. This puts pressure on independent firms that use private listings or want to test pricing before going public," Keely Smith, the lead interior designer at JD Elite Interiors, told Newsweek. "It might seem like an agent problem, but when listings get funneled through a single pipeline, it narrows options for everyone. I've seen sellers struggle with fewer marketing avenues and buyers miss out on homes that don't show up on the first few pages of a Zillow search," she added. "It chips away at the flexibility and local knowledge that smaller brokerages bring to the table." While CoStar is asking for a permanent injunctive relief and "a substantial award of damages" that could reach up to $1 billion, Compass is asking for an injunction that would prohibit Zillow from implementing and enforcing its ban or similar policies. "The antitrust case asks whether platform rules have crossed the line from hard bargaining into unlawful maintenance of dominance," Ladah told Newsweek. "The copyright case asks whether the race to comprehensive inventory has led to sloppy or overbroad content ingestion." Legal Storm Hits America's Most Popular Real Estate Website Legal Storm Hits America's Most Popular Real Estate Website Newsweek Illustration/Canva/Getty What Does This Mean for the US Real Estate Market? If Compass prevails in its case, Zillow and other similar portals "may need to relax rules that penalize off-platform or delayed marketing," Ladah said. That, in turn, could increase the diversity of channels through which consumers find homes and reduce the gravitational pull of any single portal—chipping away at the power that Zillow has gained in the past couple of decades. A Compass' victory might also "erode the incentive for aggregators to invest in data quality and consumer tools if they cannot require prompt, comprehensive inclusion," Ladah added. "Courts often weigh those tradeoffs under the rule of reason, and remedies can be tailored, so a likely outcome is not a free-for-all but a narrowing of permanent exclusion coupled with clearer, less punitive compliance paths." If CoStar wins its case and establishes widespread, unlicensed use of its material by Zillow, "the result will be tighter provenance controls, more robust license audits, and possibly a re-pricing of photo rights across the ecosystem," Ladah said. "That would push portals and MLSs to adopt stronger hash-matching, metadata preservation, and takedown workflows, and it would push brokerages to obtain clean, written licenses from photographers that explicitly cover syndication to every endpoint where a listing may appear." While this is all very technical, these lawsuits could have a direct impact on homebuyers as well. A check on Zillow's dominance on the real estate market, Ladah said, "could surface more listings across a wider set of sites, which feels pro-consumer at first glance," but "the countervailing risk is fragmentation." "If agents feel freer to run staggered or private campaigns, or if portals reduce cross-syndication to mitigate copyright exposure, some homes may be harder to discover in one place," Ladah said. "The net outcome will depend on whether courts and the industry can maintain broad, near-real-time sharing while curbing exclusionary rules and tightening IP compliance." Home sellers, on the other hand, are currently often limited by policies that force immediate publication to a single platform. "If those policies soften, sellers and listing agents may regain leverage to calibrate visibility without risking permanent banishment from high-traffic sites," Ladah said. The outcomes of these two legal battles, Ladah explained, are likely to influence not only how Zillow operates, but also how the entire digital architecture of U.S. homebuying and renting is organized. "A win for Compass or CoStar would likely democratize access and strengthen IP compliance, with some risk of short-term fragmentation," he said. "A clean sweep for Zillow would entrench the current gatekeeper model and reward strict distribution discipline, which could preserve consistency and consumer familiarity at the possible expense of competition at the margins." Either way, Ladah said, the message for the market is the same. "Treat access rules and content rights as core legal infrastructure, not housekeeping. The next phase of real estate's digital era will be built on whichever of those two pillars the courts reinforce," he said.
Yahoo
22-07-2025
- Yahoo
Imo's Pizza's St. Louis headquarters and production facility now for sale
ST. LOUIS – Imo's Pizza has listed its St. Louis headquarters and production facility for sale. The property, located at 800 North 17th Street in St. Louis' Downtown West neighborhood, serves as Imo's headquarters and also houses its production and storage operations. The property was recently listed online by commercial real estate platform LoopNet. The sale would also include a parking lot and a nearby property at 1701 Delmar Blvd., according to the listing. St. Louis reality show 'Spaghetti Wars' to debut this weekend LoopNet's listing does not list a proposed price of sale for the main facility. However, St. Louis property records indicate the facility has an appraised value of around $3.5 million. The sellers are seeking an investor for the long-term, specifically a 15-year master lease with several five-year renewal options for the facility. According to Imo's Pizza, the company relocated its headquarters to its current location in 2016 and expanded its facility in 2022. It's now around 90,000 square-feet. FOX 2 has reached out to an Imo's Pizza spokesperson for further comment on the listing, but has not heard back as of this story's publication. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Solve the daily Crossword

Miami Herald
29-06-2025
- Miami Herald
How One British Firm Will Hand-Build Your Perfect Supercar
These days, some of the biggest luxury and performance marques make big bucks not just on the six-to-seven-figure cars they sell, but also on the long list of customization and personalization options they let their customers add on top. Services like Porsche's Sonderwunsch, Bentley's Mulliner, and Ferrari's Atelier and Tailor Made programs are living examples. Last year, Ferrari sold just 13,752 cars but made around €1.3 billion ($1.35 billion) from personalization, accounting for about a fifth of its overall revenues. In addition, Rolls-Royce has been hard at work making £300 million ($376 million) worth of upgrades at its U.K. Goodwood factory to accommodate more of its "bespoke" cars. But while the world's rich can configure supercars to have weird paint colors or have interiors and seats upholstered in exotic skins, they are usually restricted to the few models in the brand's portfolio and their particular body style and engine. There are a few exceptions, like Ferrari's Portfolio Coachbuilding Program, which has made special one-off cars for a select handful of its deep-pocketed and loyal clientele. One particular example is Eric Clapton, whose custom 70s-inspired Ferrari SP12 EC was rumored to cost nearly $4 million. However, a British advanced engineering company wants to change all that. Dash CAE is launching a new division called Dash Bespoke, which is dedicated to end-to-end complete vehicle programs. In short, it will make you a custom supercar from the ground up, from your ideas, without most of the risk and engineering headaches. Dash is able to create this sort of program in part due to its engineering experience and its in-house carbon fiber monocoque chassis, the TR01. Dash first released the TR01 back in 2023 as an off-the-shelf solution meant for racing teams, individuals, and firms that want to build their own low-volume production two-seater road cars. According to Dash, the TR01 platform is lightweight, stiff, and fully Euro NCAP compliant, which means it is road-legal in Europe. Additionally, they say it is a "highly adaptable platform" for race cars as well as the production of supercars and hypercars. By using this 'blank-slate' chassis, individuals can approach Dash with an idea and dream up anything, regardless of what engine powers it or what kind of body style it'll have, because all the most challenging engineering work has already been done. In a statement, Dash CEO Tim Robathan noted that there has been customer demand for a turn-key solution to small-batch performance vehicle builds, and that this would eliminate most of the hangups that prevent some cars from being made. "Bringing a bespoke or low-volume performance vehicle to life is a monumental undertaking," Robathan said. "Whether it's an OEM motorsport project or a niche hypercar, the engineering, manufacturing, and assembly challenges and associated risks are high. For many brands and visionaries, these obstacles can halt progress and project viability. That is why we have established Dash Bespoke." If you're not familiar with Dash Bespoke, it's a spinoff of Dash CAE, an engineering firm that has been working in racing since 2006. It has provided parts and various engineering and prototyping services to teams competing in Formula 1, MotoGP, IndyCar, and other aerospace, automotive, and defense solutions. Dash Bespoke has already made its first customer-built supercar, which will debut at the Goodwood Festival of Speed later this summer. It calls it the "SlipStream" and it will have a mid-engined V8 built by New Zealand-based bespoke and racing engine manufacturer Hartley, along with bespoke carbon fiber subframes, a light alloy suspension system, and hydraulic dampers from Nitron. Dash doesn't have a price tag on its website for how much a custom-built supercar solution would cost, but it is taking inquiries from interested parties. Personally, I believe in the "built, not bought" mantra; however, I could imagine this being a very effective solution for startup performance or supercar companies to get the ball rolling with their own unique creations. Theoretically, if I had the funds to commission Dash Bespoke for one of these creations, here's how I'd do mine: Honda HR35TT mated to a dual-clutch seven-speed under a body that looks like a first-generation Toyota MR2, pop-up headlights and all. Copyright 2025 The Arena Group, Inc. All Rights Reserved.