I don't know if any of you looked at the site recently.

http://www.msrhouston.com/home

It appears there is a bit more info.

Highlights:

The Facility will consist of a two-mile road course with 12 to 16 turns that can be run as one course or as two separate one-mile courses. Plans include an office/clubhouse where business, relaxation and course observation will occur. There will also be storage facilities for equipment and member vehicles. The property will be 200 to 300 acres for growth and buffer zoning the neighboring community. The track will be designed with safety features to protect drivers as well as employees and/or spectators. It is intended that the facility will be a comfortable and entertaining place for all members of a group or family to spend time.

Frequently Asked Questions

When will the track be open?
Current Target: Fall 2004

How are you affiliated with MSR in Cresson?
We share a common business model and vision with the original MSR. We have negotiated the right to use the name, logo, and experience. We are working on a reciprocal membership agreement.

How much will a "membership" cost?
We have not priced the memberships as of yet. We expect initiations to run between $5,000 and $10,000 and monthly fees to be between $100 and $200 for a typical membership.

Preliminary Membership Information

The Membership Structure of MotorSport Ranch will include an initiation fee, monthly dues,
and session fees. There will be levels or tiers of individual memberships available such as Executive and Regular.

Executive initiation fee: $15,000 (one time only) Regular initiation fee: $7,500 (one time only)
Executive monthly dues: $150 Regular monthly dues: $150
Executive session: $20 Regular session: $30

Family Memberships will be 150% of Initiation and Dues at each level.
Corporate and/or Group Memberships can be custom tailored to meet specific needs.

Executive Members will enjoy excess allowances and privileges with respect to:

Riding Guests Per Month
Driving Guests Per Month
Voting Rights (on democratically resolved issues)
Membership Transferrability
Session Priority
Suggestions ??

The 100 Club is a special opportunity to become a member with unique privileges and recognition. There are significant incentives for MotorSport Ranch Houston to get its first 100 members on board. We would like to extend some of these to those of you who have the desire to be a "catalyst" in this endeavor. The details are preliminary at this time but we will soon be offering 100 pre-development memberships at $5000 for Regular and $10,000 for the Executive. In addition to the savings of 33% on the projected initiations, 100 Club Members will enjoy privileges such as Preferential Session Grid Positions, Premium Paddock Parking, Special Vehicle Demo Opportunities, and No Strings Membership Transferrability, to name a few. These memberships will be a highly coveted commodity!! You will be able to DRIVE at MSR in Cresson without paying monthly dues until the Houston Facility is open. There will be special opportunities associated with every 10 Memberships within the 100 Club. Our Legal Representation will not allow us to "Guarantee Delivery" of the facility but 100 Club Memberships will be secured until our facility is operational. This will be the best chance to make this facility YOURS. We will keep you posted right here with respect to when and how these memberships will be offered.