Speedway Motorsports, Inc. Declares Quarterly Cash Dividend of 15 Cents Per
CONCORD, N.C. -- October 17, 2013
Speedway Motorsports, Inc. (SMI) (NYSE:TRK) on October 17, 2013 declared a
quarterly cash dividend of 15 cents per share of common stock. The quarterly
dividend will be payable on December 6, 2013, to shareholders of record at the
close of business on November 15, 2013.
Speedway Motorsports, Inc. is a leading marketer, promoter and sponsor of
motorsports entertainment in the United States. The Company, through its
subsidiaries, owns and operates the following premier facilities: Atlanta
Motor Speedway, Bristol Motor Speedway, Charlotte Motor Speedway, Kentucky
Speedway, Las Vegas Motor Speedway, New Hampshire Motor Speedway, Sonoma
Raceway and Texas Motor Speedway. The Company provides souvenir merchandising
services through its SMI Properties subsidiaries; manufactures and distributes
smaller-scale, modified racing cars and parts through its U.S. Legend Cars
International subsidiary; and produces and broadcasts syndicated motorsports
programming to radio stations nationwide through its Performance Racing
Network subsidiary. The Company also equally-owns Motorsports Authentics, a
joint venture with International Speedway Corporation to produce, market and
sell licensed motorsports merchandise. For more information about Speedway
Motorsports, visit www.speedwaymotorsports.com.
This news release contains forward-looking statements, particularly statements
with regard to our future operations and financial results. There are many
factors that affect future events and trends of our business including, but
not limited to, economic factors, geopolitical conditions, weather, the
success of NASCAR and others as sanctioning bodies, the success of our
Motorsports Authentics merchandising joint venture, capital projects and
expansion, financing needs, and a host of other factors both within and
outside of management control. These factors and other factors, including
those contained in our Annual Report on Form 10-K and subsequently filed
Quarterly Reports on Form 10-Q, involve certain risks and uncertainties that
could cause actual results or events to differ materially from management's
views and expectations. Inclusion of any information or statement in this news
release does not necessarily imply that such information or statement is
material. The Company does not undertake any obligation to release publicly
revised or updated forward-looking information, and such information included
in this news release is based on information currently available and may not
be reliable after this date.
Speedway Motorsports, Inc.
Janet Kirkley, 704-532-3318
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