BNET Industries
Market Cap:$710.9M
Last Fiscal Year Sales:$610.9M
- Public
- US
Dow Jones Description
Speedway Motorsports, Inc. (the Company, SMI, we, us, and our) is a leading promoter, marketer and sponsor of motorsports activities in the United States. We own and operate, through our subsidiaries, Atlanta Motor Speedway (AMS), Bristol Motor Speedway (BMS), Infineon Raceway (formerly known as Sears Point Raceway) (IR), Kentucky Speedway (KS), Las Vegas Motor Speedway (LVMS), Lowes Motor Speedway (formerly known as Charlotte Motor Speedway) (LMS), New Hampshire Motor Speedway (NHMS) and Texas Motor Speedway (TMS). We also provide souvenir merchandising services, and food, beverage and hospitality catering services through our SMI Properties subsidiaries; provide radio programming, production and distribution through our Performance Racing Network (PRN) subsidiary; develop electronic media promotional programming and distribute wholesale and retail racing and other sports-related souvenir merchandise and apparel through The Source International (TSI) subsidiary; and manufacture and distribute smaller-scale, modified racing cars and parts through our 600 Racing subsidiary. Our equally-owned joint venture with International Speedway Corporation (ISC), Motorsports Authentics (MA), produces, markets and sells motorsports licensed merchandise. We now own eight first-class racing facilities in four of the top ten media markets. ...
Number of Employees 828
Peer Companies
NAICS Code Racetracks: 711212
Recent Events
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Kentucky may get Cup date as NASCAR landscape shakeup likely
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Speedway Motorsports Q3 Profit Rises; Reaffirms FY09 Earnings View - Update
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Speedway Motorsports TRK Declares $0.09 Dividend; 2.4% Yield
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Speedway Motorsports Reports Results for the Three and Six Months Ended June 30, 2009 and...
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Humpy Wheeler to chair Charlotte Regional Partnership
News & Analysis
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seeking alpha and speedway motorsports inc. - All News and Analysis
Barry Minkow on Speedway Motorsports: Troubling Disclosures, Serious Concerns
Seeking Alpha
- 2009-03-31
Sam E. Antar submits: The Fraud Discovery Instititute (FDI) led by my close friend, convicted felon,turned fraud fighter, Barry Minkow, has issued a new report (.pdf) entitled, "Ten Red Flags for Fraud at Speedway Motorsports, Inc. TRK." Minkow started a new website called SpeedScamMotorSports.com and posted a You Tube...
Speedway Motorsports Inc. Q4 2008 Earnings Call Transcript
Seeking Alpha
- 2009-03-11
Question-and-Answer Session Operator Operator Instructions Your first question comes from Joe [Lackey] – Wells Fargo-Wachovia. Joe Lackey – Wells Fargo-Wachovia I just want to confirm what you saw on the first couple of events there in the way of attendance. You said for your first two events it...
Speedway Motorsports, Inc. Q3 2008 (Quarter End 09/30/2008) Earnings Call Transcript
Seeking Alpha
- 2008-11-20
Question-and-Answer Session Operator Operator Instructions We’ll pause for just a moment to compile the Q&A roster. Your first question comes from Joe Latchke – Wachovia. Joe Latchke – Wachovia Can you give us an update on the closing of Kentucky? Are you still on track to...
Speedway Stays Appealing Despite Potential Loss of Sponsorship Dollars
Seeking Alpha
- 2008-11-05
Ockham Research submits: It may come as a surprise to you—as it did to me—that NASCAR is the second most popular televised sport in America. There is big money in auto racing—it brings in more advertising revenue from Fortune 500 brands than any other sport. Race fans don gear...
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Glass Door
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