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New Owner Unveils $50M Plan to Revamp Mooresville Dragway into Race City Motorpark

Highlights
- Mooresville Dragway to transform with $50 million investment
- Matt Erich plans Race City Motorpark & Social Club
- Project includes 4-mile road course and new eighth-mile dragstrip
- First phase targets completion by 2025, shovel-ready by October
- Luxury garages, townhomes, and upscale amenities planned
- Development aims to preserve Mooresville’s motorsports heritage
Mooresville Dragway is set for a $50 million overhaul after new owner Matt Erich outlines Race City Motorpark & Social Club, targeting groundbreaking approval this year near Mooresville, North Carolina.
Phase one centers on a 4-mile road course and an eighth-mile dragstrip, retaining the venue’s heritage while expanding capability across the 270-acre site founded as a dirt track in 1956.
Erich frames the concept as a motorsports country club, pairing about 70 climate-controlled car condominiums and roughly 70 villas with a timber-and-stone clubhouse overlooking the track complexes.

Hospitality drives the offer: a lakeside infinity pool, chef-led fine dining with terrace seating, a members’ lounge, whiskey library, cigar terrace, and curated social spaces for year-round programming.
Performance and wellness receive equal weight, with top-line simulators, a gym, spa and recovery center, plus concierge detailing, on-site maintenance, gated access, and 24/7 private security to underpin operations.
Permitting moves ahead now, with Erich targeting shovel-ready status by October. Phase one prioritizes the circuits, garages, and clubhouse, while residential buildout runs into 2027–2028.
Within North Carolina, the spend ranks among the largest for a drag facility, leveraging Mooresville’s proximity to NASCAR teams and suppliers to draw members, partners, and event calendars.
Retention of grassroots identity remains central. The rebuilt eighth-mile strip complements the road course, supporting tests, club days, and regional fixtures like Shakedown XXIII.
Positioning also nods to broader import and drag scenes, paralleling destination-led programming seen at the Orlando Speed Import Series, while staying rooted in Mooresville’s history.
Visual Summary
$50 Million Transformation
Mooresville Dragway evolves from historic
dragstrip to
luxury racing destination
Project Announced
First racing venues open
Luxury homes & lifestyle(villas, condos, club)
mile
championship course
climate-controlled
car condos
total investment
“the motorsports
version of a country club”

Miles Carter covers grassroots and regional drag-strip action, from bracket racing to street-legal shootouts. His event previews and performance-upgrade guides keep local racers up to speed on timing-slip trends, tire tech, and weekend race highlights.






