The loss of Truckfest and many other shows is a sore subject in Peterborough, at least if you talk to local people, not the local council types.
Historically we had the Truckfest, the annual motorbike fests, agricultural show, Peterborough Panthers speedway, there used to be short track banger racing there, 4x4 shows,, car boot sales and so on and so on, I couldn't remember all the stuff that used to go on.
Some years ago they split a section off and sold it for housing development. No big deal, it was a section of the showground that was never really used. But that set the scene and its slowly been eroded away, added as new housing moves in, they complain about the occasional noise from shows, it's all kinda imploded and was inevitable really.
I live in walking distance and earshot of it...yes you can hear it but it never really bothered the long term locals ( that I was aware of)
Yes it's a pain when big shows are on, we all moaned and grumbled a bit....but it was good for the city, a city that doesn't actually have much to shout about, its got very little character , it's all develop develop develop.
Shame really....it just took away a bit of interest and uniqueness about the place but money talks, it overrides everything...sadly.