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It is never good news when we have to report the closing of a racing facility.. whether here or abroad. 
This release was from Doug Judy, the Promoter at Kankakee County Speedway
JBD Race Promotions Ceases Operations of KCS
To all race participants, employees, and patrons of Kankakee County Speedway. The Speedway is now closed. We cannot continue to operate the track at such a large weekly loss. The bottom line is the economy is bad and people just are not coming to the track. 6/26 was a benchmark day for us with Farmer City not running and us having a modified special, the weather was perfect, yet we experienced our smallest crowd of the year, and lower car counts. This is strictly a business decision and no one in Kankakee is at fault. We are a little disappointed by certain groups that we feel could have helped keep the track open, but when we expressed our concerns we basically got told they do not care if we run or not. The truth is would anyone keep a business open losing thousands per week.