This Small-Town Race Track May Get A Stay Of Execution After Decades Of StrugglingAlanis King11/28/15 1:00pmFiled to: Texas World Speedwayracing history4314EditPromoteShare to KinjaToggle Conversation toolsGo to permalinkTexas World Speedway is like one of those clown-shaped punching bags. Each time it gets knocked down, it jumps right back up and joins the fight again. AdvertisementThat might not be the most flattering analogy, but it’s an accurate one. Long plagued with a thinning race calendar, financial struggles, competition with bigger venues and an increasingly uncertain future, TWS received what was thought to be its final blow earlier this year upon a decision to turn the College Station, Texas raceway into a new housing development worth $513 million. With a closing date set for June 2015 and demolition scheduled to begin shortly after, it seemed as if the speedway finally lost its long-endured fight.AdvertisementBut the bulldozers never came. At least, they haven’t yet.An investing group recently entered the picture, and they have another idea in mind. If successful, plans include a complete reconstruction of the 2.9-mile road course and paddock, an on-site hotel, a kart track, garage condos and residential sites. It’s a lofty goal, but the investors hope to have an answer settled by spring of 2016. If the deal doesn’t go through, the group plans to build a new track about an hour down the road.ShareTweet Kinja is in read-only mode. We are working to restore service.