Waterford Speedbowl Nascar property on Foreclosure Again
May 19th, 2008According to the state judicial website, the individuals that helped saving the Waterford Speedbowl's ownership group from foreclosure last supper are the ones taking the Speedbowl property to foreclosure auction. Peter Borelli and Rocco Arbitell helped the ownership group, when the Washington Mutual Bank was preparing to put the Speedbowl property 1080 Hartford Road in auction last summer.
Borelli and Arbitell are real race fans and they stepped in last summer to help refinancing the property, but when the group stopped paying the money borrowed last summer, they filed suit in state court in New London to foreclose the Speedbowl property again.
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