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Dover agrees to sell Nashville track to real estate company
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NASHVILLE, Tenn. (AP) — Dover Motorsports Inc. has a new buyer for the Nashville Superspeedway in a commercial real estate development company.

The motorsports company said Thursday that Panattoni Development Company will buy the superspeedway for $27.5 million and also take over Dover's obligations under bonds issued in 1999 to help build infrastructure supporting the track. The bonds currently have a balance of $17.2 million, and Panattoni will replace Dover Motorsports' letter of credit with its own.

Dover expects the sale to close in 2017 pending zoning approvals.

This is the second time Dover announced a buyer of the 1.33-mile concrete track about 30 miles east of Nashville that closed in 2011. Dover announced in May 2014 a deal selling to NeXovation Inc. worth nearly $46 million, which later fell through.


Tool, J. Cole, Stevie Nicks to headline Bonnaroo music fest
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NASHVILLE, Tenn. (AP) — J. Cole, Tool and Stevie Nicks will headline this year's Bonnaroo Music & Arts Festival, which is set to return after a two-year hiatus because of the pandemic and weather. 

The lineup for the June 16-19 festival in Manchester, Tennessee, was released Tuesday and also includes The Chicks, Robert Plant and Alison Krauss, 21 Savage, Machine Gun Kelly, Roddy Ricch, Flume and Illenium. 

Last year's festival was set to go on with extra COVID-19 precautions in place for fans, but heavy rains from Hurricane Ida left the grounds unsafe for driving or camping. The festival takes place on a former farm in rural Tennessee about an hour southeast of Nashville. Tickets go on sale Thursday. 

The 2020 festival was postponed to 2021 because of the pandemic.

Other artists on the lineup include Bleachers, Lord Huron, Disclosure, The War on Drugs, Billy Strings, Porter Robinson, Nathaniel Rateliff & the Night Sweats and Herbie Hancock. 

Online: https://www.bonnaroo.com/