Two companies that are new sponsors of the Nashville Fairgrounds Speedway have agreed to pay $30,000 over the next two years, Tennessee State Fair Executive Director Buck Dozier told The City Paper earlier this week.
A news conference last Friday revealed Curb Sports Inc., founded by music industry giant Mike Curb, and Big Machine Records, led by businessman Scott Borchetta, have stepped up as sponsors for the speedway.
But Bobby Hamilton Jr., who along with partner Chad Chaffin has a two-year lease to operate races at the track, had declined to say how much the two sponsors would be paying for the two-year sponsorship.
Of the $30,000 payment, Metro will take in $1,500 each year, according to Dozier.
Part of the sponsorships is a new logo that reads “Nashville Fairgrounds Speedway, sponsored by Curb Sports Inc. and BigMachineRecords.com.”
The logo is to greet fairgrounds visitors as they enter at Wedgewood Avenue and Nolensville Pike. It will also be posted on the walls of the track and the backside of the scoreboard speedway. There could also be future music promotions.
Dozier also said he understands that Hamilton and Chaffin have had some “differences” and only Hamilton would continue as a lessee of the speedway. He said it wouldn’t change anything contractually with the fair board.
But contacted by The City Paper, Hamilton said Chaffin is simply taking some time off to tend to other businesses. Hamilton and Chaffin are both NASCAR drivers.
“Right now, everything is normal,” Hamilton said. “He’s day-to-day because he has several businesses. For instance, he has a business in Georgia. He has a business in Nashville. He’s back and forth. He’s still a part of this, as he was.”
Chaffin did not return a voicemail left by The City Paper.