On January 18, 2013, Grant Milliron of Milliron Industries, a local facility specializing in waste, recycling and scrap metal, purchased the former Mansfield Motorsports Park for $800,000 in an auction held by the Richland County Sheriff's office following the property's seizure by the county in lieu of unpaid property taxes.

The track walls were torn down in 2022 and portions of the fencing and SAFER barriers were sold to the Nelson Ledges Race Course.

During early 2009, Music City Motorplex authorities announced a new promoter for the Nashville .596-mile (0.959 km) speedway, who chose to remove all "upper level" touring series races (NASCAR and ARCA) and decided not to renew its NASCAR sanction.

Track officials were contacted by former Nashville promoter Joseph Mattioli III about having their major touring series races moved to Mansfield.

A drag strip had been planned for the facility since 2006, following the decision by Summit Motorsports Park (located roughly 35 miles (56 km) north in Norwalk) to discontinue their affiliation with the IHRA and join the NHRA.