New owners have taken over Punta Gorda Speedway.

WBBH-TV reports Joe and Janet Gentry already have dozens of volunteers working to get the track ready for a race.

The track has fallen into disrepair under its last few managers.

Now the new owners have leased it from the airport authority for $3,000 per month.

The authority believes it has the right owners this time.

The Gentrys hope to have racing return this winter.