Updated

The million-dollar North Carolina home once owned by former NASCAR driver Jeremy Mayfield before he was kicked off the land is scheduled to be burned to the ground as part of a fire training exercise.

The Catawba County Fire Marshal's Office says the 12,000-square-foot unfinished house will be burned down on Saturday.

Catawba Fire Chief Donald Robinson says the new owners no longer want the home that's worth $300,000.

In 2011, authorities say they found thousands of dollars in stolen goods in the home. Carolina Farm Credit received an order in 2012 transferring the land and buildings to the company. Court records show the bank bought the land for $1.7 million.

Mayfield was suspended from driving in 2009 after testing positive for methamphetamine. He is facing a variety of charges.