If you’ve got a cool $11 million burning a hole in your pocket, the nearly half-a-century-old Sacramento Raceway in central California has been listed for sale; but chances are, you’ll want to be a residential or commercial land developer and not a drag racer, if you do.

The family-owned 1/4-mile strip, which has operated since 1969, when current owner Chaysee Trimp’s grandfather, Dave Smith, purchased a plot of then-rural land to build a racing facility, has increasingly come under fire from the Sacramento County government for noise complaints, in itself placing the future of the land as a racing venue in question. But, as several area news outlets have reported, a new 1,300-acre land development project aimed at the construction of hundreds of new homes and businesses was recently outlined and the Sacramento Raceway sits right in the middle of it. That, Trimp and many locals feel, may be the final nail in the coffin.

“Just live and breathe the lifestyle of drag racing,” Trimp told CBS 13 in Sacramento. “To see this place close would be a tragedy.”

Realizing the writing may be on the wall given the encroachment of the pending development, Trimp decided to put out a feeler by listing the facility at the given asking price, commenting, “the listing agreement is really just trying to test the waters and be prepared for that inevitable outcome.”

Fortunately for Sacramento-area racers, the Sonoma Raceway (68 miles) and the Redding Dragstrip (162 miles) offer alternatives without a considerable degree of additional travel. That being said, locals believe the looming closure of Sacramento Raceway will lead to a surge in illegal street racing, and given that California regularly accounts for nearly 1/4 of all street racing-related fatalities in the United States, it should serve as cause for concern for the state — a state that’s historically done little to help keep safe racing venues alive.