Bobby Hamilton Jr files for bankruptcy

Former NASCAR driver Bobby Hamilton Jr. has filed for bankruptcy. Hamilton Jr., the son of the late Bobby Hamilton, competed in the Sprint Cup and Nationwide Series events from 1998 to 2009. His most successful season came in the Nationwide Series in 2003 when he won 4 races and finished 4th overall in the driver standings.
In total Hamilton ran 253 Nationwide races and 64 Sprint Cup races. Hamilton also ran 37 events in the Camping World Truck Series including the 2011 race at Nashville.
Hamilton listed assets just north of 500,000 and debts totaling over $1.2 million when the documents were filed.
Hamilton?s biggest financial misstep was likely his attempt to revitalize the Fairgrounds Speedway in Nashville.

Source: http://network.yardbarker.com/nascar/article_external/bobby_hamilton_jr_files_for_bankruptcy/9282542

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