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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.
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 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 ...
When Myrtle Beach Speedway closed in 2020, it meant an end to racing at the Carolina Forest racetrack. Famed NASCAR drivers like Dale Earnhardt Jr. and the late Florence County native and Hall of ...
Palm Beach County is interested in leasing 128 acres at 20-Mile Bend to a developer to build a course for drag racing, off-highway vehicles or both. Palm Beach County seeks proposals to build, run ...
Virginia: 1950: Asphalt: 0.395 miles (0.636 km) Oval: NASCAR Whelen Modified Tour, CARS Tour: Motor Mile Speedway (New River Valley Speedway) Radford: Virginia: 1952: Asphalt: 0.416 miles (0.669 km) Oval: CARS Tour: Newport Speedway [16] Newport
Baxter said the ATV park would “free up” 120 acres of county-owned land near 20 Mile Bend that ... Drag racers have not had a track to use locally since April 2022, when Palm Beach ...
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