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      New Myrtle Beach Speedway owners plan upgrades and more racing

      Bob Lutz, Ray Watts and Andre Bauer are the new owners of Myrtle Beach Speedway. Improvements are already underway at the half-mile track and a new business model is in place.

      Lutz is the founder of the NASCAR Racing Experience. It's a business that gives the general public a chance to drive or ride along in a NASCAR race car. Lutz is now operating the NASCAR Racing Experience full time at Myrtle Beach Speedway. He says his business was a natural fit with ownership of the track.

      Ray Watts, owner of Apex Homes in North Carolina, is also a member of the ownership group that includes former South Carolina Lieutenant Governor Andre Bauer.

      Lutz says he wants to bring a NASCAR Truck Series race to Myrtle Beach Speedway. The track is a former host of the NASCAR Busch Series, now called the Nationwide Series. Lutz says the track will need some major upgrades including SAFER (steel and foam energy reduction) barriers, before . The cost of SAFER barriers alone will cost more than one-half million dollars.

      The NASCAR Weekly Racing Series, featuring late model stocks, will continue at Myrtle Beach Speedway. The new season begins May 5th.