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Bandimere Speedway, home of the NHRA Mopar Parts Mile-High Nationals, will have a new home in 2002 as part of WorldPark, one of the nation's largest auto racing/recreation/automotive sales complexes.

The vast $500 million, 5500-acre WorldPark complex will be developed by Highlands Ranch based Fellows Ventures, Inc., headed by third generation Colorado developer and real estate investor Chris Fellows, and will be located adjacent to Interstate 70 in Arapahoe County.

Bandimere Speedway will relocate to WorldPark from its current C-470/Morrison Road site and is slated for a Spring 2002 opening. Bandimere Speedway has been a landmark in Jefferson County for almost 42 years. The site may also include an International Speedway Corp. NASCAR superspeedway.

Tom Clark, president, Jefferson Economic Council, said: "Bandimere Speedway has been a major economic engine in Jefferson County, attracting thousands of fans during the racing season and having a strong, positive effect on our hospitality and retail industries."

John Bandimere, president of Bandimere Speedway, acknowledged that there have been community concerns expressed about noise emanating from Bandimere auto racing activities.

"Our neighbors have my personal assurance that we will be doing everything in our power to mitigate noise. First of all, our selection of WorldPark is the culmination of a 14-year search for a racing site that will least impact neighbors and the environment. The Speedway will be located within a 'shell' and be surrounded by land buffers. We will be making concentrated noise mitigation efforts including early closing hours on weekdays and muffled racing classes."

Bandimere added, "During our 42-year history in Jefferson County, the Bandimere family has always tried to be a good neighbor and a contributor to the community. Our speedway was founded with the intention of providing young people with a safe place to take their need for speed. The speedway has evolved into one of the most successful NHRA facilities in the country but that hasn't lessened our contributions to the community."

Bandimere Speedway community programs include "Race to Read", an acclaimed youth reading program, the All American High School Drags, and the annual Fourth of July Festival to benefit the Rocky Mountain Family Council.

"WorldPark has a one-of-a-kind location, close to Denver International Airport and Front Range Airport," said Fellows. "Airport proximity is critical when drawing tourists and attendees from out of state for high-profile racecar events, including NHRA events such as the Mile-High Nationals."

Fellows noted that proximity to I-70 will boost accessibility and help mitigate any traffic problems.

"The size of the parcel was very attractive to us," said Fellows. "We required a site that could accommodate major sporting events, such as NASCAR, which require a huge amount of parking, while maintaining space dedicated for a multitude of other recreational uses such as golf, sport shooting and drag racing."

Fellows pointed to the benefits resulting from WorldPark development: thousands of full-time, part-time and seasonal jobs, the generation of out-of-state-revenue, and positive recreational and social impacts.