In January 2015, after months of rumours and speculation, Barrie Speedway was sold to Contrans Group Inc, which would seal the fate of the racetrack. Demolition of Barrie Speedway began in late 2015; very little remained of the racetrack as of spring 2016.
In January 2015, following an extended duration of gossip and conjecture, Barrie Speedway was sold to Contrans Group Inc, which ultimately led to the racetrack's downfall. The demolition of Barrie Speedway began in late 2015; by spring 2016, only a small portion of the track remained.