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Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

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Hulen Pointe Shopping Center sold

Hulen Pointe Shopping Center, located in southwest Fort Worth on South Hulen Street one mile south of Hulen Mall, has been purchased by Addison-based Bo Avery with TriMarsh Properties for an undisclosed price.

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Dallas-Fort Worth in top five commercial real estate markets in 2015

According to the Emerging Trends in Real Estate 2015 report, just co-published by PwC US and the Urban Land Institute (ULI), Dallas-Fort Worth ranks No. 5, with two other Texas cities, Houston and Austin ranking at No. 1 and 2 respectively. San Francisco ranks No. 3 and Denver No. 4.

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Ski Grand Prairie? TCU, UTA grad helping bring snow to Metroplex

For Levi Davis last week may have been a career peak, in more ways than one.

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Formula One leader: No clash with NASCAR in Fort Worth

The Associated Press


Formula One boss Bernie Ecclestone says his series and NASCAR won't be competing for the same motorsport fans in Texas when they hold races 190 miles apart in November.

Ecclestone dismissed on Wednesday any clash between the series, after the top executive at Texas Motor Speedway called F1 "arrogant" for scheduling the United States Grand Prix in Austin on the same weekend that his track hosts NASCAR in Fort Worth.

"I absolutely think it's foolish," said Eddie Gossage, the track president and general manager. "It's a shot fired by Formula One at NASCAR. I can't say I was surprised because Bernie Ecclestone does a lot of foolish things. The thing he unfortunately doesn't recognize is there is an 800-pound gorilla when it comes to major American motorsports. The 800-pound gorilla is NASCAR."

Texas Motor Speedway will host NASCAR's Texas 500 on Nov. 2, the same day F1 will hold its only race in the U.S. this year. Fort Worth is about a 3-hour drive from Austin.

While Gossage thought a stronger stance by the management at Circuit of the Americas would have prevented the scheduling issue, Ecclestone believed it was a non-issue.

"I've also spoken to the people that run the race at COTA and their position is that they believe the NASCAR crowd is a different crowd to Formula One, different people, different customers," Ecclestone said. "At the end of the day, they run a domestic series in America — we run a world championship."

F1 requires considerable logistical planning by the teams, he said.

"We've a small problem they (NASCAR) don't have — we have six jumbo jets to move around all our equipment, and we have to find the most sensible way to use them to do that," Ecclestone said. "We have to be efficient and bear in mind we may also encounter problems at an airport.

"There are issues that can occur, but (Gossage) and other people do not realize these things. The race prior to the one in the U.S. is in Russia, in Sochi. We've never been before, and we have to get out of there and into Austin. That is probably a lot easier than trying to get into Brazil, and then we have to get out of there (Sao Paulo) to go to Abu Dhabi."

Gossage said F1 could have found another weekend to race in the U.S.

"It's just not smart," he said. "There's 52 weeks in the year. But that was the only weekend that Formula One could make it work in Austin, Texas. Give me a break."
 

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