Dover Motorsports, Inc. markets and promotes motorsports entertainment in the United States. Through its subsidiaries, the company owns and operates Dover International Speedway in Dover, Delaware and Nashville Superspeedway near Nashville, Tennessee. The company generates revenues primarily from rights fees obtained for television and radio broadcasts of its events; ticket sales; sponsorship payments; luxury suite rentals; hospitality tent rentals and catering; concessions and souvenir sales and vendor commissions for the right to sell concessions and souvenirs at its facilities; expo space rentals; and track and facility rentals and other event-related revenues. Dover International Speedway The company has promoted NASCAR-sanctioned racing events at Dover International Speedway and promotes six NASCAR-sanctioned events at the facility annually. Two races are in the NASCAR Sprint Cup Series professional stock car racing circuit, two races are in the NASCAR XFINITY Series racing circuit, one race is in the NASCAR Camping World Truck Series racing circuit and one race is in the NASCAR K&N Pro Series East racing circuit. Each of the NASCAR XFINITY Series events, the Camping World Truck Series event and the K&N Pro Series East event at Dover International Speedway are conducted on the days before a NASCAR Sprint Cup Series event. The company’s fall event is the third of 10 races in the ‘Chase for the NASCAR Sprint Cup’, which determines the NASCAR Sprint Cup Series champion for the racing season. Its fall XFINITY Series event is the second of seven races in the ‘Chase for the NASCAR XFINITY Cup’, which determines the series champion for the racing season. Dover International Speedway, known as the ‘Monster Mile’, is a high-banked, one-mile, concrete superspeedway with permanent grandstand seating capacity of approximately 96,000. Nashville Superspeedway In 2001, the company opened Nashville Superspeedway (Nashville)—a motorsports complex approximately 35 miles from downtown Nashville in Wilson County, Tennessee. It uses the facility on a limited basis for motorsports track rentals and the facility is held for sale. Seasonality The company derives substantially all of its total revenues from admissions, television broadcast rights and other event-related revenue attributable to two major motorsports event weekends held in the spring and fall. As a result, its business is highly seasonal. Intellectual Property The company has various registered and common law trademark rights, including, but not limited to, ‘Dover’, ‘Dover Motorsports’, ‘Dover International Speedway’, ‘Nashville Speedway’, ‘Nashville Superspeedway’, ‘Monster Mile’, ‘Miles the Monster’, ‘Velocity’, ‘Monster Bridge’, ‘The Most Exciting Seat in Sports!’, ‘Concrete Monster’, and ‘Take a Kid to the Races’. It also has limited rights to use the names and logos of NASCAR, various sponsors, drivers and other businesses in connection with promoting its events and certain merchandising programs. History Dover Motorsports, Inc. was founded in 1994.
dover motorsports inc (DVD:New York)
1131 North DuPont Highway
Dover, DE 19901
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