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Speedway Motorsports, Inc.
Speedway Motorsports, LLC is an American company that owns and manages auto racing facilities that host races sanctioned by NASCAR, IndyCar Series, NHRA, World of Outlaws and other racing series. The company was founded by Bruton Smith and has its headquarters at Charlotte Motor Speedway, in Concord, North Carolina, just north of Charlotte. Speedway Motorsports owns nine racing facilities with a combined seating capacity of approximately 885,000. In addition to operating racetracks, Speedway Motorsports owns Performance Racing Network (PRN), U.S. Legend Cars International, and co-owns Motorsports Authentics. After trading for 25 years on the New York Stock Exchange, where it was known as Speedway Motorsports, Inc. (SMI), the company was taken private in September 2019, and today is a wholly owned subsidiary of Sonic Financial Corporation, itself owned by members of Bruton Smith's family. The "SMI" abbreviation is still sometimes used colloquially. History Speedway Motorsports di ...
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Charlotte Motor Speedway
Charlotte Motor Speedway (previously known as Lowe's Motor Speedway from 1999 to 2009) is a motorsport complex located in Concord, North Carolina, outside Charlotte. The complex features a quad oval track that hosts NASCAR racing including the prestigious Coca-Cola 600 on Memorial Day weekend, and the Bank of America Roval 400. The speedway was built in 1959 by Bruton Smith and is considered the home track for NASCAR with many race teams located in the Charlotte area. The track is owned and operated by Speedway Motorsports with Greg Walter as track president. The complex also features a state-of-the-art drag racing strip, ZMAX Dragway. It is the only all-concrete, four-lane drag strip in the United States and hosts NHRA events. Alongside the drag strip is a state-of-the-art clay oval that hosts dirt racing including the World of Outlaws finals among other popular racing events. History Charlotte Motor Speedway was designed and built by Bruton Smith and partner and driv ...
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Legends Car Racing
Legends car racing is a style of auto racing designed primarily to promote exciting racing and to keep costs down. The race car bodyshells are 5/8-scale replicas of American automobiles from the 1930s and 1940s, powered by Yamaha XJ1250, FJ1200 (both air-cooled) or, starting in 2018, FZ09 (water-cooled) engines. The worldwide sanctioning body for legends car racing is INEX. Legends cars are a "spec" series, meaning all cars are mechanically identical, with the exception of three styles of car (standard coupe, '34 coupe, and sedan) available with 10 types of body styles. New cars are currently offered with seven body styles, however many used cars exist with the "older" styles. History In 1992, Charlotte Motor Speedway officials noticed a need for lower cost racing cars with little maintenance time and cost. They found such a car existed, in the guise of the motorcycle-engined dwarf car, a 5/8-scale, steel-bodied and fenderless 1935 Ford coupé, which was being manufactured by t ...
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NASCAR All-Star Race
The NASCAR All-Star Race, formerly known as The Winston from 1985 to 2003, the Nextel All-Star Challenge from 2004 to 2007, the Sprint All-Star Race from 2008 to 2016, and the Monster Energy NASCAR All-Star Race from 2017 to 2019, is an annual NASCAR Cup Series stock car racing, stock car exhibition race between race winners from the previous season and the beginning of the current season, as well as all past event winners, and previous List of Monster Energy NASCAR Cup Series champions, NASCAR Cup Series champions who attempted to run the entire previous season. Two other ways to become eligible to race in the event are winning one of the three stages in the NASCAR Open (a race for drivers not eligible for the main event), or by winning the fan vote. History The first running of the race was held in 1985 at NASCAR's longest and fastest non-restrictor-plate superspeedway Charlotte Motor Speedway (briefly renamed Lowe's Motor Speedway from 1999, before reverting to the original in 2 ...
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NASCAR Playoffs
The NASCAR playoffs is a championship playoff system used in NASCAR's three national series. The system was founded as 'The Chase for the Championship' on January 21, 2004, and was used exclusively in the NASCAR Cup Series from 2004 to 2015. Since 2016, NASCAR has also used the playoff system in the Xfinity Series and Camping World Truck Series. The NASCAR Cup Series version of the playoff system is often called the Chase for the Cup, and includes sixteen drivers that compete for the championship in the final ten races of the Cup Series. The first nine races are divided into three rounds, with four participants being eliminated after each round. The Xfinity Series Chase format is competed over seven races with twelve drivers. The Truck Series Chase also is seven races long, but only includes ten drivers. On January 23, 2017, NASCAR announced that they would not be using the word "Chase,” instead using the word "Playoffs." In 2018 NASCAR began awarding a regular season champio ...
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NASCAR Cup Series
The NASCAR Cup Series is the top racing series of the National Association for Stock Car Auto Racing (NASCAR). The series began in 1949 as the Strictly Stock Division, and from 1950 to 1970 it was known as the Grand National Division. In 1971, when the series began leasing its naming rights to the R. J. Reynolds Tobacco Company, it was referred to as the NASCAR Winston Cup Series (1971–2003). A similar deal was made with Nextel in 2003, and it became the NASCAR Nextel Cup Series (2004–2007). Sprint acquired Nextel in 2005, and in 2008 the series was renamed the NASCAR Sprint Cup Series (2008–2016). In December 2016, it was announced that Monster Energy would become the new title sponsor, and the series was renamed the Monster Energy NASCAR Cup Series (2017–2019). In 2019, NASCAR rejected Monster's offer to extend the current naming rights deal beyond the end of the season. NASCAR subsequently announced its move to a new tiered sponsorship model beginning with the 202 ...
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Kentucky Speedway
Kentucky Speedway is a tri-oval speedway in Sparta, Kentucky, which has hosted ARCA, NASCAR and Indy Racing League racing annually since it opened in 2000. The track is currently owned and operated by Speedway Motorsports, Inc. Before 2008 Jerry Carroll, along with four other investors, were the majority owners of Kentucky Speedway. Depending on layout and configuration the track facility has a grandstand capacity of 107,000. The speedway has hosted the NASCAR Gander RV & Outdoors Truck Series, NASCAR Xfinity Series, IndyCar Series, and the NASCAR Cup Series. Track history Early history and construction When Jerry Carroll had first talked about racing, he meant horse racing not NASCAR. "I went to my first race at the Daytona Speedway in Florida and got hooked," Carroll said. "I knew I had to get involved." This is what made Carroll and his four other investors to invest their money into a NASCAR track. Before Carroll took any action, he had a marketing group spend 15 mo ...
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New Hampshire Motor Speedway
New Hampshire Motor Speedway is a Oval track racing, oval speedway located in Loudon, New Hampshire, which has hosted NASCAR racing annually since 1990, as well as the longest-running motorcycle race in North America, the Loudon Classic. Nicknamed "The Magic Mile", the speedway is often converted into a road course, which includes much of the oval. The track was originally the site of Bryar Motorsports Park before being purchased and redeveloped by Bob Bahre. The track is currently one of eight major NASCAR tracks owned and operated by Speedway Motorsports. History The track opened as New Hampshire International Speedway in June 1990, after nine months of construction following the Bahre family's purchase of the Bryar Motorsports Park. The existing road circuit was redeveloped into a multi-purpose track, with NASCAR-sanctioned races added to the popular Loudon Classic motorcycle, World Karting Association, WKA go-kart and Sports Car Club of America, SCCA races on the comple ...
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North Wilkesboro Speedway
North Wilkesboro Speedway is a short oval racetrack located on U.S. Route 421, about east of the town of North Wilkesboro, North Carolina, or 80 miles north of Charlotte. It measures and features a unique uphill backstretch and downhill frontstretch. It has previously held races in NASCAR's top three series, including 93 Winston Cup Series races. The track, a NASCAR original, operated from 1949, NASCAR's inception, until the track's original closure in 1996. The speedway briefly reopened in 2010 and hosted several stock car series races, including the now-defunct ASA Late Model Series, USARacing Pro Cup Series, and PASS super late models, before closing again in the spring of 2011. It was re-opened in August 2022 for grassroots racing and will host the 2023 NASCAR All-Star Race and a NASCAR Camping World Truck Series race, with further renovations planned after the events. History Before the speedway Years before the 1948 founding of NASCAR, Wilkes County and the surround ...
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Penske Corporation
Penske Corporation, Inc. () is an American diversified transportation services company based in Bloomfield Township, Oakland County, Michigan. Roger Penske is the chairman of the privately held company, and Rob Kurnick is the president. Holdings Current * DAVCO Technology (transportation component manufacturing) * Ilmor Engineering (high performance motorsport engines) * Penske Automotive Group (PAG:NYSE – a 40+% stake) * Penske Entertainment Corporation; parent company of: **IMS, LLC (Operators of the race track) ** IMS Productions, Inc. (broadcast television production company with satellite trucks, TV trucks and audio/visual editing facilities) **Indianapolis Motor Speedway (2.5-mile race track in Speedway, Indiana) ** INDYCAR, LLC ( Motorsports sanctioning body; parent company of the IndyCar Series) * Penske Logistics (supply chain management and logistics service) * Penske Motor Group (retail automotive in California and Texas) * Premier Truck Group (commercial vehicle dea ...
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Lowe's
Lowe's Companies, Inc. (), often shortened to Lowe's, is an American retail company specializing in home improvement. Headquartered in Mooresville, North Carolina, the company operates a chain of retail stores in the United States and Canada. As of February 2021, Lowe's and its related businesses operates 2,197 home improvement and hardware stores in North America. Lowe's is the second-largest hardware chain in the United States (previously the largest in the U.S. until surpassed by The Home Depot in 1989) behind rival The Home Depot and ahead of Menards. It is also the second-largest hardware chain in the world, also behind The Home Depot but ahead of European retailers Leroy Merlin, B&Q, and OBI. History The first Lowe's store, North Wilkesboro Hardware, opened in North Wilkesboro, North Carolina, in 1921 by Lucius Smith Lowe. After Lowe died in 1940, the business was inherited by his daughter, Ruth Buchan, who sold the company to her brother, James Lowe, that same year. Ja ...
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Las Vegas Motor Speedway
Las Vegas Motor Speedway, located in Clark County, Nevada in Las Vegas, Nevada about 15 miles northeast of the Las Vegas Strip, is a complex of multiple tracks for motorsports racing. The complex is owned by Speedway Motorsports, Inc., which is headquartered in Charlotte, North Carolina. History Following the final closure of Stardust International Raceway in 1971, plans were developed for a new racing facility in Las Vegas: the Las Vegas Speedrome. Located in the far northeast corner of the Las Vegas Valley, the Speedrome consisted of a road course and drag strip, opening in 1972. Alexander Rodriguez leased the facility from the City of Las Vegas, and added the 3/8-mile short track in 1985 after the closure of Craig Road Speedway in 1983. Ralph Engelstad of the Imperial Palace purchased the track in 1989, renaming the facility Las Vegas Speedway Park. Engelstad partnered with William Bennett of the Sahara Hotel and opened a new $72 million superspeedway on the site in Septemb ...
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International Speedway Corporation
International Speedway Corporation (ISC) was a corporation whose primary business is the ownership and management of motorsports race tracks. ISC was founded by NASCAR founder Bill France Sr. in 1953 for the construction of Daytona International Speedway and in 1999 they merged with Penske Motorsports to become one of the largest motorsports companies in North America. The company has played an important, though controversial, role in the modernization of the sport. It has worked with NASCAR to create new tracks and update older ones in an effort to improve the racing and the experience for spectators (though because both companies have several members of the France family in top positions, ISC's competitors have filed multiple lawsuits on antitrust grounds) and has constructed popular new tracks in regions previously thought uninterested in NASCAR. On May 20, 2019, NASCAR agreed to purchase ISC for approximately $2 billion US, with it going private October 18, 2019. History ...
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