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On November 8, 2021, Speedway Motorsports announced that it had agreed to purchase Dover Motorsports, owner of Dover International Speedway and Nashville Superspeedway at the time, for $3.61 per share in cash for an approximate total equity value of $131.5 million. The deal closed in December, with SMI gaining full control of the two tracks.
Marcus Graham Smith (born April 11, 1973) is an American businessman. He is best known as the chief executive officer (CEO) of Speedway Motorsports, LLC (SMI), an organization that owns or operates 11 racetracks across the United States.
While Speedway had consolidated most of its other brands into the Speedway banner by the late 1990s, Speedway continued to operate other brands following major acquisitions aside from SuperAmerica, primarily for lower-volume locations that remained corporate-owned. The most notable of these brands was Rich. Rich Oil was a discount brand offered ...
Speedway Motorsports Reports Results for Fourth Quarter and Year Ended December 31, 2012 and Provides Full Year 2013 Guidance CONCORD, N.C.--(BUSINESS WIRE) ...
Speedway Motorsports has the luxury of providing stages for the United States' highest grossing professional sports organization -- NASCAR. The company owns some of the nation's biggest racing ...
Speedway Motorsports Reports Results for the Three and Nine Months Ended September 30, 2012 and Revises Full Year 2012 Guidance CONCORD, N.C.--(BUSINESS WIRE) ...
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NASCAR track operator Speedway Motorsports announced today its third-quarter dividend of $0.15 per share, the same rate it's paid since 2011. The board of directors said the quarterly dividend is ...