After a decade of dreaming and scheming and not quite three full years in operation, the owners of the Boulder Valley Velodrome are putting it up for sale.

Longtime bicycle industry staples Frank Banta and Doug Emerson are asking $4.7 million for the facility, which they hope to sell to a buyer intent on keeping it as an operating cycling track.

“We’ve shepherded it this far along,” said Banta. “We want somebody who is interested in what the track is. It’s a lot more than a 250-foot oval: it’s a whole community with an international reach and reputation.”

The track has hundreds of members, including many elite riders. Members have brought home more than three dozen medals from the track cycling world championships, Banta said.

Banta and Emerson are something of industry royalty themselves, at least locally. Banta co-founded the Buffalo Bicycle Classic to raise scholarship funds for students at the University of Colorado. Emerson founded and owns University Bicycles in Boulder.

The two men began planning the velodrome in 2004. It would be 2008 before the 4.2-acre property was secured by Boneshaker, LLC, the entity formed by the two men. Two years later, the 250-meter long track got the green light from Erie, but it took another two years for construction to start. Related Articles September 9, 2020 Nebraska man sentenced to 18 years in prison for hit-and-run killing of Parker cyclist

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