NEWTON, N.C. (AP) - The bank that held the mortgage on property owned by former NASCAR driver Jeremy Mayfield has bought the North Carolina home at a courthouse auction.
Carolina Farm Credit bid more than $1.7 million for the home and land owned by Mayfield, who was suspended from NASCAR after testing positive for methamphetamine in 2009.
The auction was conducted on the Catawba County Courthouse steps Monday. The bank was the only bidder.
Mayfield and his wife, Shana, had taken out two mortgages from Carolina Farm Credit in 2006 on the property for more than $3 million. They last made a payment in April 2011.
The Mayfields must be out of their home in 10 days. Mayfield was in Caldwell County on Monday on pending drug charges, which were delayed until September.

Recent NASCAR Discussions

Advertisement
Advertisement

NASCAR Odds

No NASCAR odds found

Nascar Top Stories

Thumbnail Bad Boy Off Road 300 Picks The NASCAR Sprint Cup Series is back in action today with the Bad Boy Off Road 300. Here are some drivers we like for this NASCAR...
Thumbnail VisitMyrtleBeach.com 300 Picks The NASCAR Xfinity Series is back in action tonight to compete in the VistiMyrtleBeach.com 300. Here are the...
Thumbnail UNOH 175 Odds The NASCAR Camping World Truck Series kicks off the racing weekend with the UNOH 175. Here is a look at the odds to win this...
Thumbnail VisitMyrtleBeach.com 300 Odds The NASCAR Xfinity Series drives under the lights this Saturday when drivers compete in the VistiMyrtleBeach.com 300. Here is a look at the...
Thumbnail Bad Boy Off Road 300 Odds The NASCAR Sprint Cup Series continues the first stage of the Chase for the Championship this weekend with the Bad Boy Off Road 300. Here is a look at the odds to...
More inNASCAR Articles  
Advertisement