WICHITA FALLS, TX (TNN) - Fans have a lot of questions regarding the future of Wichita Falls popular dirt racing track Monarch Motor Speedway, previously named Red River Speedway.
In January a press release was posted on Monarch Motor Speedway's Facebook page stating that Charles Raymond Evans III was the new owner of the popular dirt racing track.
But this week (nearly a month later) when a new post on the page stated he was just the promoter - not the owner - and they have parted ways, it left fans with doubt about the future of the track.
I reached out to Evans about the confusion. He said in a text that he was co-owner of the track and that his business partner is a man named Shannon Kelton out of Grand Prairie. He stated, “Basically, we [he and Shannon Kelton] were partners in the deal....The track was supposed to have been in CRE Promotions name, not Shannon Kelton or Darrell Reid which it was last time I checked.”
He also sent screenshots of correspondence between he and Kelton discussing purchasing the track.
There are also screenshots of Evans talking with the previous owner Darrell Reid about buying the track.
So I reached out to Reid as well. Darrell Reid said, “We’re closing Monday on the property for the dirt track to Shannon. It hasn’t been recorded yet.”
So why was it announced a month ago that Charles Evans of CRE Promotions was the new owner of Red River Speedway? Reid has not said.
I also reached out to Shannon Kelton who says that he is indeed being sold the track but does not want to say any more on the matter at the moment.
In the meantime, fans are waiting to hear when the speedway’s race schedule will be finalized and released. Some are disheartened by the fact that the track, which already has a checkered history with ownership, is once again involved in a dispute.
A current employee has also stated that the track will still be open for business and races are being planned for March.