WOW Bank may take possession of Rockingham Speedway: A Richmond - TopicsExpress

WOW Bank may take possession of Rockingham Speedway: A Richmond County Superior Court judge will hear a motion next week which, if granted, will allow The Finley Group - a managing agent for Farmers and Merchants Bank - to take immediate and exclusive custody of Rockingham Speedway. The Salisbury, N.C.-based bank is also seeking a temporary restraining order to prevent the tracks current co-owners Andy Hillenburg and Bill Silas from accessing the property located on U.S. 1 in Richmond County. The bank claims Rockingham Racing Park LLC, co-owned by Hillenburg and Silas, owes more then $4.5 million as of Aug. 8. The motion is set to be heard at 2:00pm Sept. 25.(Charlotte Observer)(9-19-2014)Jayski

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