Sold! Atco Raceway Announces Change In Ownership

Opening its’ gates back in 1960, the well known Atco Raceway is one of the oldest operating drag strips on the east coast. After 16 months of negotiations, the historic drag strip has now changed ownership, it was announced this week. The track which is located in Atco, New Jersey, is now the new possession of  The Capone Family, having purchased the raceway in its’ entirety from previous owner, Joe Sway. Sway has been involved in a negligence suit stemming from a fatal 2010 crash at the facility, which may have played a part in the sale. Details about the suit can be read via New Jersey 101.5 and philly.com.

The news of the sale has raised mixed emotions. A sigh of relief can be had however knowing that the new owners are no strangers to the world of drag racing themselves. Len Capone Sr. was in fact present at Atco Raceway in 1960 for opening day to serve as a tech inspector. Len Capone Jr. raced a Top Alcohol Funny Car in the 1980’s and 90’s that was well known as ‘The Bear’, and even made appearances at the renowned Atco Raceway.

Despite the change of custody of the notable drag strip, Joe Sway will not be saying good bye to the track. The former owner will remain affiliated with Atco Raceway, but will now assume the role of Director of Operations. Sway will trade his title of Boss for the new position for the next two years minimum, with opportunity for employment extensions after 2014.

No major changes to the schedule are expected for the upcoming 2013 season, although there are suggestions of the potential of added races to next years line-up. A preliminary schedule will be available after the first of the year for viewing on Atco Raceway’s website at atcoraceway.com.

About the author

Tabitha Sizemore

From building and racing her own car to track photography and sponsoring races, Tabitha has her hand in a little bit of everything when it comes to drag racing.
Read My Articles

Drag Racing in your Inbox.

Build your own custom newsletter with the content you love from Dragzine, directly to your inbox, absolutely FREE!

Free WordPress Themes
Dragzine NEWSLETTER - SIGN UP FREE!

We will safeguard your e-mail and only send content you request.

Dragzine - Drag Racing Magazine

We'll send you the most interesting Dragzine articles, news, car features, and videos every week.

Dragzine - Drag Racing Magazine

Dragzine NEWSLETTER - SIGN UP FREE!

We will safeguard your e-mail and only send content you request.

Dragzine - Drag Racing Magazine

Thank you for your subscription.

Subscribe to more FREE Online Magazines!

We think you might like...



Hot Rods & Muscle Cars

Diesel Army

Engine Tech

Dragzine - Drag Racing Magazine

Thank you for your subscription.

Subscribe to more FREE Online Magazines!

We think you might like...

  • Hot Rods & Muscle Cars
  • Diesel Army
  • Engine Tech

Dragzine - Drag Racing Magazine

Thank you for your subscription.

Thank you for your subscription.

Dragzine - Drag Racing Magazine

Thank you for your subscription.

Thank you for your subscription.

Loading