Speedway Motorsports, LLC is an American company that owns and manages racing facilities that host NASCAR, IndyCar Series, NHRA, World of Outlaws and other motor racing series.
The company's purchases and closures of the tracks in order to obtain a second NASCAR date for Texas Motor Speedway led to the In 1996, the company purchased half interest in In 2004, as a result of the Ferko lawsuit, SMI gained ownership of the On November 2, 2007, SMI announced the purchase of New Hampshire International Speedway from On May 22, 2008, SMI announced it had purchased The company's headquarters are located at Charlotte Motor Speedway, in the suburbs of Charlotte, NC. In 1990, Smith began to acquire additional speedway properties beginning with In 1996, SMI began to quickly expand, acquiring two additional facilities; Until 1999, Speedway Motorsports was the top track owner in the motorsports industry.
In addition to operating racetracks, Speedway Motorsports owns Performance Racing Network, U.S. Lege… Speedway Motorsports owns nine racing facilities with a combined seating capacity of approximately 885,000. After trading for 25 years on the Speedway Motorsports didn't officially incorporate until 1994. That year, International Speedway Corporation, then the second largest track owner, acquired In addition to speedway properties, SMI also owns SMI has a history of purchasing tracks to obtain NASCAR race dates.
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