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Florida’s historic Derby Lane racetrack goes up for sale as development site

Owner asks $100 million after acquiring property less than a year ago
Derby Lane is up for sale, with Connecticut-based Rally Acquisition Co. asking $100 million for the 131-acre property. (CoStar)
Derby Lane is up for sale, with Connecticut-based Rally Acquisition Co. asking $100 million for the 131-acre property. (CoStar)
CoStar News
November 20, 2025 | 10:10 P.M.

Rally Acquisition Co. has tapped Berkadia to find a buyer for a 131-acre historic racetrack located between Tampa and St. Petersburg, Florida, less than a year after acquiring it.

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News | Florida’s historic Derby Lane racetrack goes up for sale as development site