Dover Motorsports, Inc. markets and promotes motorsports entertainment in the United States. The company, through subsidiaries, owns and operates Dover International Speedway in Dover, Delaware; and Nashville Superspeedway near Nashville, Tennessee. The company generates revenues primarily from various sources, including ticket sales; rights fees obtained for television and radio broadcasts of its events; 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 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. Dover International Speedway, known as the ‘Monster Mile’, is a 1 mile, concrete superspeedway with permanent grandstand seating capacity of approximately 96,000. Unlike some superspeedways, substantially all grandstand and skybox seats offer an unobstructed view of the entire track. The concrete racing surface makes Dover International Speedway the only concrete superspeedway (one mile or greater in length) that conducts NASCAR Sprint Cup Series events. The superspeedway facility also features the Monster Bridge. The climate controlled bridge spans across the width of the superspeedway at a height of 29 feet and houses 50-luxury seats, a refreshment bar and other amenities. Nashville Superspeedway In 2001, the company opened Nashville Superspeedway (Nashville) — a motorsports complex approximately 35 miles from downtown Nashville in Wilson County, Tennessee. The company uses the facility on a limited basis for motorsports track rentals. 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 ‘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’. The company also has limited rights to use the names and logos of NASCAR, various sponsors, drivers and other businesses in connection with promoting events and certain merchandising programs. History Dover Motorsports, Inc. was founded in 1994.
dover motorsports inc
(DVD:New York Consolidated)
1131 North DuPont Highway
Dover, DE 19901
|International Speedway Corp||$35.15 USD||0.00|
|Speedway Motorsports Inc||$19.14 USD||0.00|
|View Industry Companies|
Sponsored Financial Commentaries
To contact DOVER MOTORSPORTS INC, please visit www.dovermotorsports.com. Company data is provided by Capital IQ. Please use this form to report any data issues.