There is no easy answer when it comes to the question of whether or not owning a race track is profitable. It depends on a number of factors, including the location of the track, the size and type of races held there, and the amount of investment put into the facility.
That being said, there are some general trends that can be observed in the racing industry that may give some insight into this question. For example, horse racing is a declining sport in North America. This means that fewer people are attending races and betting on them, which can lead to financial difficulties for tracks. Additionally, many tracks are struggling to maintain their facilities due to high maintenance costs.
So while there is no easy answer to whether or not owning a race track is profitable, it seems that the odds are against tracks making a profit in today's climate.