Fair could return to Central VA under new management | News
RICHMOND, VA (WWBT) - The State Fair could be coming back to Richmond International Raceway.
A Tennessee-based company has already shown interest bringing a fair to RIR. According to Richmond BizSense the owner has already applied for a permit to host the event, but that doesn't mean everything is set just yet.
Universal Fair's owner says he's already sent a letter to RIR expressing interest; now he's just waiting to see if he can rent the facility. The company has experience running fairs and festivals in different parts of the southern U.S.
The State Fair of Virginia filed for chapter 11 bankruptcy in December, just two months after it saw a huge increase in attendance. Universal Fairs' owner says he'd also consider bidding for the Meadow Event Park in Caroline County where the fair has been held the past couple of years.
An auction for the Caroline County property and the fair's assets is set for May 22nd, but it could be sold before that date. If the deal goes through at RIR, Universal Fairs could spend roughly one million dollars to hold the event according to the Times Dispatch.
Copyright 2012 WWBT NBC12. All rights reserved.
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