Gary Miller's February purchase of the bankrupt Yavapai Downs horse racetrack included the adjacent car track.
Miller said Wednesday that he's trying to get the car track back open sometime in the last half of May.
"My hope is to have car races by Memorial Day," he said.
That's also the traditional opening day of the horse track, but Miller has been struggling to get enough financing to open that track back up. He told The Daily Courier last week that he's now shooting for August.
Miller added Wednesday that he also is talking to horsemen about opening up the track's horse barns in May, so horsemen will have a place to stable their horses outside of the hotter Valley of the Sun when the Turf Paradise track in Phoenix closes for the season next month.
He said he'd need probably 75 horses to make that idea financially feasible, and he'll decide by the end of April.
The PV Raceway will operate about the same as it did two years ago, Miller said. Races will take place on weekends, and Thursdays will be open for practices.
The PV Raceway was among the casualties when the Yavapai County Farm & Agriculture Association's board of directors abruptly shuttered both tracks in May 2011 without warning. By July 13 of 2011, the board filed for Chapter 7 bankruptcy, and car racing ended later that month.
Preston "Bugsy" Norbury will manage the car track, Miller said. Norbury is working on a proposed operations plan. Norbury was a part-time sublesee in the past, Miller said. Norbury apparently was not available for comment Wednesday.
Miller's facilities manager Don Bailey and chief financial officer Randy Fozzard are helping Norbury get the necessary permits to reopen, Miller said. They also are making sure it's safe, Bailey added.
Bailey and Norbury have been flooded with calls from racecar drivers and fans, Bailey said.
"I want to get it open and get people back here," Miller added.