Owners of Old Bridge Twp. Raceway Park end drag racing

OLD BRIDGE TOWNSHIP (AP) - The NHRA Summernationals no longer has a home.
The owners of Raceway Park in Old Bridge Township, New Jersey, have informed the NHRA they no longer will host drag racing events, effective immediately.
The Napp family, which has owned and operated the track since its opening in 1965, announced Tuesday a reorganization of the company's business operations. 
While drag racing on the quarter-mile or eighth-mile track will end immediately, Raceway Park will use the stadium portion of the facility to continue most of its operations, including auto swap meets, numerous car shows, motocross and kart races and other events.
The 49th annual NHRA Summernationals was scheduled to take place this June.
NHRA President Glen Cromwell said in a statement that the Summernationals have been an important part of NHRA's history and he hopes fans nearby can go to another event.
The association says no additional changes are anticipated for the 2018 Mello Yello NHRA Drag Racing schedule.
The Napp family thanked the association, racers and fans in a statement.
The track is officially known as Old Bridge Township Raceway Park.
Below is a copy of the press release announcing the company's restructuring of business operations:
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