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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.
The purchase of the facility was confirmed by Smith that day for $78.3 million, with SMI buying the track for $15 million and assuming the rest in debt. [74] With Smith purchasing the track, he aimed to add approximately 50,000 seats, additional bathrooms, increased parking space, and a renovated garage area upon confirmation of a Cup Series date.
The track has held a variety of racing events since its opening in 2001, including NASCAR and the IndyCar Series. It is currently owned by Speedway Motorsports, LLC (SMI) since 2021 and led by track general manager Matt Greci. The track has a current permanent seating capacity of 25,000, with potential to expand to 38,000 with temporary ...
Download QR code; Print/export Download as PDF; ... This is a list of all auto racing tracks in the United States. The track length stands for the standard, full ...
The track is owned by the city of Fort Worth's sports authority and is leased out by Speedway Motorsports, LLC (SMI) for racing, with Mark Faber currently serving as the track's general manager. As of 2021, the track has a capacity of 75,000.
The sale was finalized on January 11, 2008; with the purchase, the facility was renamed to New Hampshire Motor Speedway (NHMS), with Jerry Gappens being appointed as the track's general manager. [85] In 2009, a $4 million project aimed at renovating the track's infield was completed, which removed wetlands and trees to create more space. [ 86 ]
The owner of Arkansas Derby winner Muth has sued Churchill Downs Inc. and is seeking a temporary injunction against what it called the track’s “illegal” ban of Hall of Fame trainer Bob ...
The first rumors of a potential sale of PIR came in November 1996, with the Bruton Smith-owned Speedway Motorsports, Inc. (SMI) being named as potential buyers; according to the Republic. Both Jobe and SMI spokesman Humpy Wheeler denied the rumor, with Jobe stating he was getting "a little irritated" at the rumor. [141]
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