The new operators of Leicestershire race circuit Mallory Park say they want the track to become a recreation area for families.
They hope to include cycling, triathlon and equestrian events at the track as well as racing.
Stuart Hicken and Eddie Roberts invited ITV News Central to their new home and spoke to us exclusively.
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Overcast and dull, with hill fog and outbreaks of rain throughout the day.
It will be a dull, damp and cloudy day for most, with outbreaks of rain. The rain will start to ease from the west during the evening.
Cloudy this evening and overnight, with mist and hill fog becoming widespread.