Salt Lake Telegram | 1927-02-04 | Page 16 | Rickard Anxious to Erect Racing Track at Newark

Rickard Anxious to Erect Racing Track at l Newark NE AnK N. N 1 J. J Feb 4 AP- AP Tex Rickard Is negotiating with the city ot of Newark for erection of a aone aone one and quarter one automobile automobile automo- automo bile racetrack at Newport at a cost of The track Is to be promoted by RIckard for a company compan of wealthy sportsmen A tentative lease of a site covering acres has been submitted to the company's attorneys ne s 's for their and It if approved work worl Is to begIn at once A rental ot of has been I asked by tile the city for the seven years during wilch the lease would be In forc force and in addItion the city would receive 10 I per er cent of the gross profits each year ear