 | |
| Company type | Private |
|---|---|
| Industry | Motorsports |
| Founded | 1994 |
| Headquarters | Charlotte Motor Speedway, Concord, North Carolina |
Key people | Bruton Smith, founder Marcus G. Smith, President and CEO |
| Products | Motorsport venues Legends cars |
| Revenue | $570 million USD |
Number of employees | 793 (full time) |
| Website | www.speedwaymotorsports.com |
Speedway Motorsports, LLC is an American company that owns and manages auto racing facilities that host races sanctioned by NASCAR, NHRA, World of Outlaws and other racing series. The company was founded by Bruton Smith and has its headquarters at Charlotte Motor Speedway, in Concord, North Carolina, just north of Charlotte. Speedway Motorsports owns nine racing facilities with a combined seating capacity of approximately 885,000. In addition to operating racetracks, Speedway Motorsports owns Performance Racing Network (PRN), U.S. Legend Cars International, and co-owns Motorsports Authentics.
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.