The Colonial Downs Racetrack in New Kent closed at the end of the 2013 season. Now there is apparently a potential buyer in negotiations to re-open the track.
Frank Petramalo, Jr., the head of the Virginia Horsemen’s Benevolent and Protective Association said a group in the Midwest has expressed interest.
"We understand that this group has had discussions with the owner of Colonial Downs, Jeff Jacobs. But, we’re not aware of any further details at this point."
Colonial Downs, he said, one of the best courses on the East Coast if not in the country.
"It’s a very large what we call a dirt track, it’s a mile and a quarter around and, more importantly, it has an inner grass turf course that’s a mile and an eighth. And, that turf course is about 180 feet wide which probably makes it one of the biggest turf courses in the country and horsemen just love to compete on both of those surfaces."
There’s no word on what the track would cost these investors.