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Speedway Motorsports, LLC is an American company that owns and manages auto racing facilities that host races sanctioned by NASCAR, 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 started in 1952 as Speedway 79, the name of a fuel chain based in Michigan.Unlike other fuel station chains at the time, Speedway 79 did not have a service station to perform vehicle maintenance, but rather vending machines that focused on cigarette and soft drink sales, giving their locations the nickname "Smokes and Cokes".
International Speedway Corporation (ISC) was a corporation whose primary business was 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 it merged with Penske Motorsports to become one of the largest motorsports companies in North America.
in 1992, USA Petroleum moved its headquarters from Santa Monica to Ventura. in 1993, their headquarters were moved again, this time from Ventura to Agoura Hills. in 1994, Marvin Jay Caukin, the ex-Director of Finance, was sentenced 33 months in prison for embezzling nearly $2.4 million from the company. 2000s
Charlotte Motor Speedway (known as Lowe's Motor Speedway from 1999 to 2009 due to sponsorship reasons) is a 1.500-mile (2.414 km) quad-oval intermediate speedway in Concord, North Carolina. It has hosted various major races since its inaugural season of racing in 1960, including NASCAR , IndyCar , and IMSA SportsCar Championship races.
Marcus Graham Smith (born April 11, 1973) is an American businessman. He is best known as the chief executive officer (CEO) of Speedway Motorsports, LLC (SMI), an organization that owns or operates 11 racetracks across the United States.
The Speedway operated until at least the 1950s, and was eventually absorbed by the expansion of Soldiers Field Road into a limited-access parkway. The buildings of the Speedway headquarters continued to be used by the Massachusetts Water Resources Authority for administrative and logistical purposes, through at least 2001. [6]
Penske Corporation, Inc. (/ p ɛ n. s k iː /) is an American diversified transportation services company based in Bloomfield Township, Oakland County, Michigan. Roger Penske is the founder and chairman of the privately held company, and Rob Kurnick is the president.