WILLOWS, Calif. — San Francisco Region Properties Inc., doing business as Thunderhill Raceway Park, presented a check to its parent company, San Francisco Region- Sports Car Club of America, in the amount of $250,000 as a dividend from operations in 2022.
The presentation was made during the Saturday night social activities at the SCCA Driving School held on the 1.9-mile road course. Chairman of the Track Board Michael Smith did the honors along with longtime Chief Executive Officer David Vodden.
On hand to receive the bounty was SFR/SCCA Regional Executive Tim Sullivan and board members Blake Tatum and Joe Briggs.
The dividend is the largest in the 30-year history of the California road course facility that opened in 1993. The track has paid $55,000 annually to the SCCA Club adding up to more than $1 million.
“We are very pleased and fortunate to be able to present this dividend to the San Francisco Region SCCA,” noted Vodden.
Smith said, “The performance of the track has resulted in no debt and reserves sufficient to allow for repaving when it comes due. We also have the ability to add new track services to make our members experience better each time they come to Thunderhill,” Smith added.
Sullivan thanked the team at Thunderhill for the dividend and all the hard work that has made facility one of the best in the nation in performance and reputation.
Thunderhill hosted close to 1,000 events in 2022 on its four surfaces with 502 of those on the race tracks and the balance on the skid pads. The SCCA is scheduled to race at Thunderhill five times in 2023.
Thunderhill opened in Willows California in October 1993 with an SCCA Regional race.
The track is celebrating its 30th anniversary while the SFR/SCCA is 75 years young this same year. Vodden is scheduled to retire from his CEO position at the end of the year. He was hired in 1988 to build and operate the club-owned track.
Information about the track is available at www.thunderhill.com.