TRK meaning in Business ?

Business Miscellaneous in Business . 3 months ago

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What is Speedway Motorsports, Inc. mean?

Speedway Motorsports, LLC is an American company that owns and manages auto racing facilities that host races sanctioned by NASCAR, IndyCar Series, NHRA, World of Outlaws and other racing series. The company's headquarters are located at Charlotte Motor Speedway, just north of Charlotte, NC in Concord, NC. 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. Legends 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 Speedway Motorsports founder Bruton Smith and members of his family.

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Posted on 07 Sep 2024, this text provides information on Business related to Miscellaneous in Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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