Important Pricing Updates for Garage Condos and Drivers Club Memberships
SEPTEMBER 29TH, 2023
At Motorsports Gateway Howell, the road to transformation is racing ahead, and we are thrilled to share some important pricing updates. As construction progresses and we continue to shape our automotive district, we want to ensure that our offerings reflect the evolving landscape of luxury and exclusivity. Here's what you need to know:
Pricing Increases in October
In our relentless pursuit of excellence, we are making strategic adjustments to our pricing structure. These changes are designed to align with the incredible value and unmatched experiences that awaits our members and owners at Motorsports Gateway Howell. Beginning in mid October, you can expect pricing increases for both our Garage Condos and Individual Drivers Club Memberships.
Garage Condos Pricing Update
For those seeking the pinnacle of automotive luxury with our Garage Condos, these pricing updates reflect the growing demand and exceptional features that define our offerings:
Interior Unit Pricing: The price for an Interior unit will increase from $429,440 to $493,860.
End Unit Pricing: End units will see a pricing adjustment from $439,940 to $505,930.
These pricing changes will take effect on October 16th, 2023, so this is the perfect time to secure your spot in our luxury automotive community.
Drivers Club Membership Initiation Fee Update
For those eager to join our exclusive Drivers Club, we're increasing the initiation fee to align with the exceptional benefits and privileges it brings:
Individual Drivers Club Membership: The initiation fee for an Individual Drivers Club Membership will increase from $35,000 to $40,250.
This change will be implemented on October 23rd, 2023, so there's no better moment to become a part of our automotive community.
As we accelerate towards a future filled with automotive passion, these pricing adjustments signify our commitment to delivering the utmost in luxury, exclusivity, and unmatched experiences. We look forward to welcoming you into our exclusive community at Motorsports Gateway Howell!
Notice Regarding Forward-Looking Statements
This communication may contain forward-looking statements within the meaning of the securities laws, including statements regarding our future business plans, growth prospects, and strategic initiatives. These forward-looking statements are based on current expectations, estimates, forecasts, and projections about our business and industry, as well as on management's beliefs and assumptions. Statements that are followed by or include words such as "aim," "anticipate," "believe," "estimate," "expect,” “forecast,” "intend," "plan," "project," "seek," "may," "could," "will," “should,” or similar expressions and narratives thereof are subject to this notice. Forward-looking statements may include, but are not limited to, statements regarding anticipated future plans or performance, projections and expectations, market trends, expansion opportunities, and potential strategic partnerships or acquisitions. These statements are subject to various risks, uncertainties, and assumptions, including those described in our newsletters, website, and filings with regulatory authorities.
While our company is not subject to the same regulatory requirements as publicly traded companies, we recognize the importance of providing transparent and accurate information to our stakeholders. Accordingly, our forward-looking statements are made in accordance with applicable laws and regulations governing corporate communications and are based on current information and reasonable assumptions.
Actual results may differ materially from those expressed or implied by these forward-looking statements due to various factors beyond our control. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Our general audience and stakeholders are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.
