DALLAS REDLINE RACER SOFTWARE

On the charitable front, the Michael & Susan Dell Foundation has committed more than $900 million to eradicating urban poverty and improving child health. Today the bulk of Dell's own fortune is tied up in his investment firm MSD Capital its $12 billion portfolio includes banking, property, dental practices and landscaping companies.

DALLAS REDLINE RACER SOFTWARE

The Texan, who started the PC maker in his dorm room 29 years ago and remains Chairman and CEO, believes pulling out of the public markets will help Dell shift from a struggling personal computer business into a business software giant. (Forbes reporter Clare O'Connor just got an exclusive look inside her world.)Īfter months locked in battle with activist investor Carl Icahn, PC entrepreneur Michael Dell won shareholder approval of his final $24.9 billion offer to take his eponymous company private in what will be the biggest leveraged buy-out in recent years. Since last year, she received more than $350 million in Wal-Mart dividends after taxes. 1992), Alice graduated from Trinity College in San Antonio, Tex., and now spends most of her time on the Rocking W Ranch in Milsap, outside of Fort Worth. She and her siblings have also donated about $2 billion to the Walton Family Foundation over the last five years. As the biggest philanthropist of the Walton family, Alice gave more than $2 million in 2012 to support charter school initiatives. Some pieces she donated from her personal collection (which is valued in the hundreds of millions of dollars). Not bad for the small-town Bentonville, Ark., museum, which includes works spanning five centuries from icons like Andy Warhol, Norman Rockwell and Georgia O'Keeffe. Wal-Mart heiress Alice Walton's Crystal Bridges Museum of American Art - which she founded in 2011 - has eclipsed 1 million visitors in under two years of operation. If you have some suspects we should look into drop me a line at (Come on Houston, let's beat Dallas next year.) My Forbes colleagues and I are always on the hunt for new billionaires to celebrate, in Texas and all over. It is a testament to his commitment to the racers and fans in the Lone Star State.”įor more information on Redline Raceway, please call (903) 527-5911 or visit Redline Raceway is located at 5326 FM 1565 South, Caddo Mills, Texas.As if we needed any confirmation that Texas is far more than just an oil and gas state, only half of these richest Texans owe their fortunes to Texas Tea. Not just reopening the track, but also giving it such an extreme makeover. “So many Texas tracks are closing and Mike is keeping the IHRA torch burning in Dallas by making such a big financial commitment.

“Mike Adcock’s commitment to the racing scene in the Dallas area is so important, especially reopening this track after it closed,” said IHRA Division Director Frank Kohutek. We’re shooting for June 1 as our opening date.” That whole year I knew what I was going to do. The season already was under way so I let the year finish up. “I bought the track last March and it was in really poor shape. There’s a lot of different things happening at one time here.

We’re building a new ET house and putting in new scales. The road coming in to the race track is about 500 yards of concrete by itself.

“We’re replacing the walls and the concrete on the track. “We’re pouring a lot of concrete today,” said Redline Raceway owner Mike Adcock. To say the local racers and fans may not recognize the place on opening day might be an understatement. The 1/8-mile track, located in Caddo Mills, east of Dallas, is undergoing extensive improvements. “We certainly are impressed with the work under way at this important Texas facility.” “We are pleased to welcome Redline Raceway to our growing IHRA family,” said IHRA President Scott Gardner. NORWALK, OH – IRG Sports + Entertainment™ and the International Hot Rod Association™ (IHRA) are proud to announce the owner of Redline Raceway has signed a multi-year sanctioning agreement to join the IHRA as a member track.

Dallas redline racer