“The loss of NASCAR plus the loss of state aid plus a drop in tourism, it’s been a perfect storm for us,” O'Hearn said. “It’s impossible to replace the loss of NASCAR. It could result in 20% of our revenue, as much as $2 million, in direct sales tax loss. We’re most dependent on tourism and its impact on our economy.”
Kamala Keeley, president of the Chemung County Chamber of Commerce, said the weekend has been important to the hospitality industry, local restaurants, retailers, service industries and the Elmira Corning Regional Airport.