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Bob Bahre, 76, who owns New Hampshire International Speedway in Loudon, New Hampshire, was seriously injured Thursday night when his SUV went off the road and hit a tree in his home state of Maine.

The reports indicate that Bahre was on his way home after spending the day at the Speedway.

As of Saturday, Bahre was hospitalized in stable condition at Norway, Maine’s Stephens Memorial Hospital with a concussion as well as back, rib and ankle injuries.