The owners of Bandimere Speedway have acquired their first parcel of land in the Hudson area of Weld County this week, marking a key step toward establishing a new location for the iconic racing venue.

“While our family hasn’t been operating a schedule of races in Colorado, we have been working to continue the legacy of automobile racing that (was) started by my parents back in 1958,” said Bandimere Speedway chief spiritual officer, John C. Bandimere Jr., in a social media video post.

“Believe me when I tell you, this has not been an easy undertaking, nor has it been a quick process.”

Bandimere Jr. said this highly anticipated transaction is the first piece in a complex puzzle of a planned timeline for anticipated future negotiations for the surrounding property. He previously told The Post that the family was targeting about 1,100 acres, far more than it had in the Morrison area.

Zoning and annexation of the new land will take place soon, with the timing undetermined.

With ongoing development transforming the Morrison area and the need for more space, the Bandimere family decided to surrender the former speedway’s land, after about 65 years at the site.

Back then, Bandimere Jr. said while the family has cared for the location for generations, ultimately, it was never theirs to keep, as it belongs to a higher power.

The exact address of the new race track in Hudson has yet to be confirmed. Though BizWest reports the Bandimere family was the likely buyer a 114.45-acre tract for $3 million at a site near the northwest corner of Interstate 76 and Colorado 52 in the Hudson area in unincorporated Weld County.

Bandimere Speedway representatives did verify with The Post that the property is northwest of Interstate 76 and the Hudson exit but did not reveal any more details.