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Speedway Motorsports company history timeline

1959

In 1959, he formed Charlotte Motor Speedway (CMS) to build a $600,000 facility.

Before NASCAR ever held a race on the asphalt at Daytona International Speedway—the house that NASCAR founder William H.G. France built in 1959—the sport began on the beaches of Daytona.

1960

The company-sponsored 4x sedan, built by "Speedy" Bill and driven by Lloyd Beckman, won a record 16 features in a row at Lincoln's Capitol Beach Speedway and took home the Nebraska Modified Racing Association championships in 1960 and '61.

1961

By 1961, CMS was exhausted of funds and had entered reorganization proceedings dictated by the United States bankruptcy code.

However, Smith would later achieve his success in the racing industry by demonstrating the same ambitiousness that had forced his retreat in 1961.

The same car won the 1961 IMCA Five State championship in Spencer, Iowa.

1962

Our 10-page catalog and ongoing racing involvement attracted enough business to us to expand into a larger facility in 1962, adding an engine and muffler shop.

1968

In 1968, Bill met a young racer from California named Jan Opperman who was looking to race sprint cars.

1969

In 1969, NASCAR's Grand National (now Sprint Cup) division returned to the "Big T". The 1969 rendition saw David Pearson in victory lane.

Few people wanted to take a chance on this wild-looking long-haired kid, but Bill put him in a sprint car in 1969, where he went on to win the 1969 Big Car Racing Association (BCRA) championship.

1970

The 1970 race was won by Bobby Issac.

The last time it happened was 1970 at the State Fairgrounds in Raleigh, North Carolina, and the winner that day was Richard Petty.

1975

1975: Smith regains control of Charlotte Motor Speedway and is named chief executive officer.

He became very successful and by 1975 had owned majority shares in CMS and took over as CEO. A year later he appointed H.A. "Humpy" Wheeler as general manager.

1976

The same year Smith gained executive control over the racetrack, H.A. 'Humpy' Wheeler joined CMS. A year later, in 1976, Wheeler was named general manager of CMS; together, Smith and Wheeler would develop the North Carolina speedway company into stock car racing's largest racetrack operator.

In 1976, Opperman made history by outrunning 56 of the country's best USAC sprint teams on his way to winning the Hulman Classic.

1978

A couple years later, Doug Wolfgang earned 26 feature wins and won the 1978 Knoxville Nationals—the Indy 500 of sprint cars—driving Bill's 4x car.

1979

In 1979, network television broadcasters began airing NASCAR races live, providing many throughout the country with their first glimpse of the sport.

1988

Bill also teamed up with General Motors Engineer Ed Mosher in 1988 to create the "Coors Extra Gold Draft" $1 million '32 Ford Roadster, a high-tech showpiece powered by a jet helicopter turbine engine.

1989

In 1989, Carson and his youngest brother, Jason, fielded a Lola-Chevrolet in the American Indycar Series championship.

1990

Sales of NASCAR-licensed products hurtled toward $900 million, drastically more than the $80 million collected from merchandise sales in 1990.

In 1990, Smith began to acquire additional speedway properties beginning with Atlanta Motor Speedway.

1992

Also in 1992, the company developed the Legends Car Racing Circuit, giving aficionados of stock car racing the chance to compete in 5/8-scale versions of the cars driven by early NASCAR drivers.

1994

Although Speedway Motorsports did not exist until 1994, the legacy of the organization stretches back 35 years earlier, back to the early career of the company's founder, O. Bruton Smith.

Speedway Motorsports didn't officially incorporate until 1994.

1995

1995 IPO, Further Expansion

Next, Carson designed a Chevrolet Motorsports-backed S-10 pickup, which won the Pikes Peak truck class in 1995 and '96.

1996

One other company began life as a publicly traded concern in 1996: Daytona Beach, Florida's International Speedway Corporation, Smith's closest rival.

1996: Bristol Motor Speedway and Sears Point Raceway are acquired.

1997

The Winston Cup Series races drew more than 6.1 million spectators in 1997, excluding the 123 million viewers who watched the races on television.

1997: Texas Motor Speedway opens and hosts largest sporting event in Texas history.

1999

In March 1999, International Speedway looked on in surprise again when Smith's company announced a first in stock car racing's history.

Wheeler, in a June 28, 1999 interview with Knight-Ridder/Tribune Business News, explained the differences between the two companies succinctly, remarking, 'Our first priority is to build a company, and theirs is to build a sport.'

In 1999, Smith pressed ahead with expansion and reached another precedent-setting agreement that galvanized his reputation as an industry pioneer.

1999: Las Vegas Motor Speedway is acquired; naming rights to Charlotte Motor Speedway are sold to Lowe's Companies Inc.

2001

In 2001, the NASCAR Weekly Racing Series National Champion, Ted Christopher, gained his title from Thompson.

2012

Recently in 2012 the famed Richie Evans, who still to this day is something of legend at Thompson, was inducted into the NASCAR hall of fame.

2016

These two powerhouses helped form our Muscle market-specific catalog, first mailed in 2016.

2021

Then a couple of weeks later, on April 22-24, Bristol Motor Speedway will close out its 2021 dirt-track schedule with the return of the World of Outlaws sprint cars for the Bristol Throwdown.

2022

17, 2022 for the NASCAR Playoffs.

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Founded
1959
Company founded
Headquarters
Concord, NC
Company headquarter
Founders
David Bruton Smith
Company founders
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Speedway Motorsports competitors

Company nameFounded dateRevenueEmployee sizeJob openings
International Speedway Corporation (isc)1953$677.1M850-
International Speedway1953$677.1M1,000-
Lucas Oil Products1989$500.0M50022
VP Racing Fuels1974$11.0M504
Gold Eagle1932$24.0M20017
Summit Racing Equipment1968$5.8M178
Action Auto Parts-$3.4M35-
Triangle Car Wash-$18.3M200-
Auto Accessories----
Critz Auto Group1938$8.5M757

Speedway Motorsports history FAQs

Zippia gives an in-depth look into the details of Speedway Motorsports, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Speedway Motorsports. The employee data is based on information from people who have self-reported their past or current employments at Speedway Motorsports. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Speedway Motorsports. The data presented on this page does not represent the view of Speedway Motorsports and its employees or that of Zippia.

Speedway Motorsports may also be known as or be related to SPEEDWAY MOTORSPORTS INC, Speedway Motorsports, Speedway Motorsports Inc, Speedway Motorsports LLC, Speedway Motorsports, Inc., Speedway Motorsports, Inc. (smi) and Speedway Motorsports, LLC.