Thunder Valley Speedway: Revival Underway as Wallace Family Regains Ownership

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Thunder Valley Speedway: Revival Underway as Wallace Family Regains Ownership

Thunder Valley Speedway, a racetrack in Alaska, has been reacquired by its original owners, the Wallace family, after a property dispute led to its partial demolition. The Wallace family, who founded the racetrack in 1978, regained ownership through a foreclosure auction where no bidders came forward. The family is now planning to repair the track and surrounding buildings, estimating the cost to be between $75,000 and $100,000. Despite the challenges, they are determined to have races at the Speedway in 2026 on Memorial Day weekend.