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Wisconsin All-Star 100 auto race canceled due to financial problems

Wisconsin All-Star 100 set for Aug. 29 at Milwaukee Mile has been canceled.

The track's promoter, Wisconsin Motorsports, announced the decision Wednesday.

The company has laid off its staff and closed its offices due to financial problems.

The All-Star 100 is run by Roy Kenseth, father of NASCAR driver Matt Kenseth of Cambridge.

He said last week that he's thinking about moving the race elsewhere. The Milwaukee track said RK Race Promotions will notify its customers.

Meanwhile, Wisconsin Motorsports has told fans to hold onto their tickets because they could have value for some event in the future.