Last $22.81 USD
Change Today -0.91 / -3.84%
Volume 168.1K
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As of 8:04 PM 03/2/15 All times are local (Market data is delayed by at least 15 minutes).

speedway motorsports inc (TRK) Snapshot

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02/17/15 - $24.10
52 Week Low
10/7/14 - $16.45
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speedway motorsports inc (TRK) Details

Speedway Motorsports, Inc., through its subsidiaries, operates as a promoter, marketer, and sponsor of motorsports activities in the United States. The company owns and operates 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 racing facilities. As of December 31, 2013, its racing facilities included total seating capacity of approximately 888,000 with 831 luxury suites. The company also licenses network television, cable television, and radio rights to broadcast racing events. In addition, the company provides event and non-event souvenir merchandising and distribution services; food, beverage, and hospitality catering services; and radio programming, production, and distribution services. Further, it distributes wholesale and retail motorsports and other sports-related souvenir merchandise and apparel; manufactures and distributes modified racing cars and parts; sells tickets to motorsports races and other events; produces and sells environmentally-friendly micro-lubricant, as well as leases oil and gas mineral rights; and rents industrial park and offices. Speedway Motorsports, Inc. was founded in 1959 and is based in Concord, North Carolina.

805 Employees
Last Reported Date: 03/7/14
Founded in 1959

speedway motorsports inc (TRK) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $550.0K
Executive Chairman
Total Annual Compensation: $600.0K
Vice-Chairman, Chief Financial Officer, Princ...
Total Annual Compensation: $500.0K
Compensation as of Fiscal Year 2013.

speedway motorsports inc (TRK) Key Developments

Speedway Motorsports Inc. Announces Executive Appointments

The board of directors for Speedway Motorsports Inc. announced that it has named O. Bruton Smith as executive chairman and Marcus G. Smith as chief executive officer in a realignment of executive officials, the board announced Wednesday. O. Bruton Smith, who has served as chairman and chief executive officer since the company's initial public offering in 1995, will report directly to the board of directors, working closely with the board and the chief executive officer to engage in the overall leadership and strategic direction of the company, guide senior management, coordinate activities of the board and communicate with the company's key stakeholders. In an expanded role, Marcus G. Smith, who has served as the company’s president and chief operating officer since 2008, will work closely with the executive chairman to manage day-to-day operations of the company, provide overall leadership and strategic direction and communicate with key stakeholders. Smith will maintain his roles and titles of president of the company and president and general manager of Charlotte Motor Speedway, positions he has held since 2008.

Speedway Motorsports Inc. Declares Quarterly Cash Dividend, Payable on March 13, 2015

Speedway Motorsports Inc. declared a quarterly cash dividend of 15 cents per share of common stock. The quarterly dividend will be payable on March 13, 2015 to shareholders of record at the close of business on March 2, 2015.

Speedway Motorsports, Inc. Announces $200 Million Senior Notes Offering

Speedway Motorsports Inc. is initiating an offering, subject to market and other conditions, of $200 million of Senior Notes due 2023. The Company intends to use the proceeds from the offering, together with borrowings under its credit facility and cash on hand, to redeem all of the Company's 63/4% Senior Notes due 2019.


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