Tooele County crashed and burned when handling the sale of Miller Motorsport Park, costing its taxpayers millions of dollars, according to a scathing performance audit released Tuesday.
State auditors said the county “mishandled” the sale of what is now called Utah Motorsports Campus by not following commonly used best practices for selling public property and made “several missteps" throughout the process, the audit found. That, combined with “other events that were out of its control,” caused the final sale to be delayed for more than 13 years and netted only a $7.36 million gain.
The county had originally agreed upon $20 million for the sale to Mitime Utah Investment LLC, a subsidiary of Chinese car manufacturer Geely, in 2015.