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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" initialism is still sometimes used colloquially.
William S. Miller, a self-made millionaire and horse breeder, and his partners purchased Balmoral Park in 1967. Miller had been a member of the Illinois Racing Board from 1951 to 1967 and also served as Board Chairman. Miller converted Balmoral's thoroughbred track to a half-mile track for harness racing.
Route 66 Raceway is a motorsports facility located in Joliet, Illinois, United States. It consists of a 0.25-mile (0.40 km) dragstrip and a 0.375-mile (0.604 km) dirt oval racetrack (Dirt Oval 66). The facility is owned and operated by NASCAR and is located adjacent to Chicagoland Speedway.
In 2004, he was reassigned to the track's parent company, SMI, to become their head of sales and marketing. Four years later, Smith was promoted to become the president of SMI and was also put in charge to run the Charlotte Motor Speedway, replacing longtime promoter Humpy Wheeler in a controversial transition. In 2015, Smith was promoted to ...
Smith also created a new division of short-track racing, named Legends Car, after feeling that the Charlotte Motor Speedway needed to cut costs for local, entry-level racing. [49] Smith later incorporated Speedway Motorsports, Inc. (SMI) in 1994, [50] offering 4.5 million shares during the first business quarter in 1995 at a price of $18 per ...
Illinois Rockford: 0.25 miles (0.40 km) Oval (asphalt) NASCAR Late Models, All-American Sportsmen, American Short Tracks, Roadrunners (Saturdays) Roadrunners, Bandits, Hornets, Figure 8s, Winged Women on Wheels, Spectator Drags (Wednesdays June–August) Allen County War Memorial Coliseum Expo Center: Indiana Fort Wayne: 0.167 miles (0.269 km)
The Performance Racing Network or PRN for short is a radio syndication network controlled by Speedway Motorsports (SMI) founded in 1981. PRN airs NASCAR Cup Series and Xfinity Series events held at Speedway Motorsports owned tracks.
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