BNET Industries
Market Cap:$670.6M
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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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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Throw This Stock Away
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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
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Motor Sports Stocks Stall
News & Analysis
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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...
Speedway Motorsports, Inc. Q2 2008 Earnings Call Transcript
Seeking Alpha
- 2008-08-24
Question-and-Answer Session Operator Operator Instructions Your first question comes from Bob Simonson – William Blair & Company, L.L.C. Bob Simonson – William Blair & Company, L.L.C. Couple questions for you, noticeable by its absence there was no comment in the press release or your prepared comments on an...
Speedway Motorsports, Inc. Q1 2008 Earnings Conference Call
Seeking Alpha
- 2008-05-26
Question-and-Answer SessionOperator Operator Instructions Our first question comes from Timothy Conder - Wachovia. Timothy Conder - Wachovia Capital Markets On Motorsports Authentics, gentlemen could you talk about what your expectations are for the year and also in your 240 to 250 guidance as I read your press release correctly,...
Speedway Motorsports Inc. Q4 2007 Earnings Call Transcript
Seeking Alpha
- 2008-03-17
Question-and-Answer Session Operator Yes sir. Operator instructions. Your first question comes from the line of Tim Conder with Wachovia. Timothy Conder - Wachovia Capital Markets Thank you, a couple clarifications. First Bill on the 240 to 250 EPS guidance for ’08, does...
Which way's up?
- 1999-01-01
his time last year, even after some shudders, the stock market seemed to know only one direction. That had made easy pickings for stock jockeys the previous three years. They couldn't miss, it seemed. But giving investment advice got a lot tougher this year, as BUSINESS NORTH CAROLINA's stock-picking panelists...
Which way's up?
- 1999-01-01
his time last year, even after some shudders, the stock market seemed to know only one direction. That had made easy pickings for stock jockeys the previous three years. They couldn't miss, it seemed. But giving investment advice got a lot tougher this year, as BUSINESS NORTH CAROLINA's stock-picking panelists...
Which way's up?(includes related article)(experts believe North Carolina companies' stocks are improving)(Cover Story)
- 1999-01-01
While the market keeps changing direction, our experts point out some Tar Heel stocks headed the right way. This time last year, even after some shudders, the stock market seemed to know only one direction. That had made easy pickings for stock jockeys the...
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Glass Door
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