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.
More top news
A coach carrying schoolchildren has collided with a van in Warwickshire.
A brave ten-year-old has shaved off all her hair in front of her classmates to raise money for the hospice which cared for her dying dad.
Company bosses have confirmed that more than 300 workers will lose their jobs at the Goodyear factory in Wolverhampton.