Dover Motorsports, Inc. (NYSE: DVD) is a leading promoter of NASCAR sanctioned motorsports events whose subsidiaries own and operate Dover International Speedway in Dover, Del. and Nashville Superspeedway in Lebanon, Tenn. The company also plays host to the Firefly Music Festival which is produced by AEG Presents.
Who owns Dover Motorsports?
Speedway Motorsports has completed its purchase of Dover Motorsports, the company announced Wednesday. The deal was completed at $3.61 per share price for all outstanding shares of Dover, effected by Speedco II, Inc, a subsidiary of Speedway Motorsports. It’s an approximate total equity value of $131.5 million.
What happened to Dover Motorsports?
Following the merger, Dover will be a wholly-owned subsidiary of Speedway Motorsports. Following the merger, shares of Dover will cease to be traded on the New York Stock Exchange.
How many tracks does ISC own?
Today, the company owns 13 active tracks which collectively hold 18 of the 36 events on the schedule of NASCAR’s premier competition, the NASCAR Cup Series.
ISC tracks.
| Track Name | Talladega Superspeedway |
|---|---|
| Length | 2.66 miles (4.28 km) |
| Seating | 78,000 |
| Year Opened | 1969 |
| Year Acquired | 1969 |
Is Dover speedway closing?
DOVER – Dover Motorsports, the parent company of Dover International Speedway and one of the last independent owners of a top-tier NASCAR racetrack, is officially no more, after its planned sale closed Wednesday.
Who owns Texas Speedway?
Nicknamed “The Great American Speedway“ the racetrack facility is one of the largest motorsports venues in the world capable of hosting crowds in excess of 200,000 spectators.
Texas Motor Speedway.
| The Great American Speedway | |
|---|---|
| Location | 3545 Lone Star Circle, Fort Worth, Texas 76177 |
| Time zone | UTC−6 / −5 (DST) |
| Owner | Fort Worth Sports Authority |
Who owns Sonoma Raceway?
Speedway Motorsports, Inc.
Sonoma Raceway
| Sears Point | |
|---|---|
| Operator | Speedway Motorsports, Inc. |
| Broke ground | 1967 |
| Opened | 1968 |
| Construction cost | US$70 million |
How fast is a lap at Dover?
Cars are regulated to 125 mph. 2. Cars have no AC so Aug afternoon in Dover is hot.
Why is Dover called the Monster Mile?
From 2007 through 2009 the speedway received an upgrade — “The Monster Makeover” — that expanded the track’s facilities. In 2008, during the makeover, a 46-foot fiberglass creature was built outside the racetrack, and named Miles the Monster.
Does NASCAR still race at Dover?
Dover Motor Speedway (formerly Dover Downs International Speedway and later Dover International Speedway) is a race track in Dover, Delaware, United States. The track has hosted at least one NASCAR Cup Series race each year since 1969, including two per year from 1971 to 2020.
What race tracks are owned by NASCAR?
International Speedway Corporation (ISC) is a publicly traded company that currently owns the following tracks:
- Watkins Glen International.
- Daytona International Speedway.
- Talladega Superspeedway.
- Homestead Miami Speedway.
- Auto Club Speedway.
- Darlington Raceway.
- Kansas Speedway.
- Chicagoland Speedway.
Who owns Homestead speedway?
Homestead–Miami Speedway
| Operator | NASCAR (1999–present) |
| Broke ground | 21 August 1993 |
| Opened | 5 November 1995 |
| Construction cost | $70 million |
| Oval (2003–present) |
|---|
Who owns Michigan Motor speedway?
MIS was built in 1968 and pulled out of receivership by Roger Penske in 1972. Penske owned the track until selling it to International Speedway Corporation in 1999. The track hosted two NASCAR Cup weekends every year from 1969 through 2020, with the exception of 1973 when there was just one NASCAR Cup race.
Who bought out Dover Downs?
Bally’s Corporation
In June 2021, Bally’s sold the land and buildings of Dover Downs to Gaming and Leisure Properties for $144 million, and leased them back for $12 million per year. The property was renamed as Bally’s Dover in November 2021, as part of Twin River’s rebranding to Bally’s Corporation.
Is Speedway coming back?
Swindon’s Speedway motorcycle team has announced that it will not be competing in the 2023 season.
Is Dover a fast track?
Dover is the county’s second Fastrack service, building on the success of the Kent Thameside service in Dartford and Gravesham.
Is NASCAR leaving Texas Motor Speedway?
24. TMS officials said they are confident that NASCAR will return to Texas Motor Speedway for two races in 2024.
Who bought Rocky Mountain Raceway?
Young Automotive Group
Rocky Mountain Raceways in West Valley is wrapping up its final season after 22 years in operation. The racing facility was acquired by Young Automotive Group — a neighboring car dealership — in October 2010. Since then, Young Automotive has leased the land to the raceway.
Who owns Penn Can Speedway?
With the Towners stepping down, the members of the Beavan family that now own the Penn Can Speedway will eye the future of the 3/8-mile dirt track that has held auto racing events since 1959.
What race tracks does Speedway Motorsports own?
Properties include Atlanta Motor Speedway, Bristol Motor Speedway, Charlotte Motor Speedway, Las Vegas Motor Speedway, New Hampshire Motor Speedway, Sonoma Raceway, Texas Motor Speedway, Dover Motor Speedway, Nashville Superspeedway, Kentucky Speedway and North Wilkesboro Speedway.
How much does it cost to drive on Sonoma Raceway?
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