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Speedway Motorsports Inc.



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4Vote!

Lowe's out as sponsor of Charlotte track in 2010

Lowe's will not renew its naming rights of Lowe's Motor Speedway when its contract expires after this season. Lowe's cited changing marketing strategies Thursday as the reason it won't return in 2010. The home improvement chain signed as sponsor of then-Charlotte Motor Speedway in 1999 in the first major naming rights deal of a NASCAR track. The Sports Business Journal reported last week that Lowe's...

5Vote!

Speedway Motorsports swings to $23M loss

Speedway Motorsports Inc. swung to a second-quarter net loss of $23.4 million, or 55 cents per diluted share. In the same period last year, the Concord-based company earned $47 million, or $1.08 per diluted share. (ISCA) (LOW) (TRK)

4Vote!

Charlotte Track Sponsor Future Unclear

by Geoffrey Miller Filed under: Lowes Motor Speedway , Speedway Motorsports Inc. The "Lowe's" in Concord, N.C.'s Lowe's Motor Speedway may or may not be around in 2010, depending on who you've listened to this weekend. Bruton Smith -- he's the owner of the LMS' parent company Speedway Motorsports Inc. -- said Saturday that he doesn't envision seeing the home improvement store chain involved...

5Vote!

Emphasis on road courses bad idea, SMI's Smith argues

SPARTA, Ky. -- Bruton Smith, whose Speedway Motorsports Inc., owns Kentucky Speedway and seven other racetracks across the country, said the IndyCar Series race here in 2010 will be held Saturday night, Sept. 4.

4Vote!

Smith expects Lowe's to end title sponsorship

Speedway Motorsports Inc. owner Bruton Smith expects Lowe's to end its title sponsorship of SMI's Charlotte-area track at the end of the season.

4Vote!

Speedway Motorsports Inc. owner Bruton Smith expects Lowe's to end sponsorship

Speedway Motorsports Inc. owner Bruton Smith expects Lowe's to end its title sponsorship of SMI's Charlotte-area track at the end of the season.

4Vote!

Smith expects Lowe's to end sponsorship

Speedway Motorsports Inc. owner Bruton Smith expects Lowe's to end its title sponsorship of SMI's Charlotte-area track at the end of the season. Smith said SMI will continue to have a business relationship with the home improvement chain, but he anticipates Lowe's Motor Speedway will revert back to Charlotte Motor Speedway when the title sponsorship deal expires later this year. The Sports Business...

3Vote!

Bruton Smith expects Lowe’s to end sponsorship (Yahoo! Canada Sports)

Lowe’s appears to be on its way out as the title sponsor of Speedway Motorsports Inc.’s Charlotte-area track. SMI owner Bruton Smith said Saturday he expects the home improvement chain to end its 11-year sponsorship of the 1.5-mile oval at the end of the season. “I think we’ll miss them,” Smith said.

4Vote!

SMI, Lowe's deny report over end of sponsorship

Officials from Speedway Motorsports Inc. and Lowe's insist they are still talking in the wake of a report that the home improvement chain is ending its sponsorship of SMI's flagship track.

4Vote!

Lowe's refutes report it is revoking sponsorship of Charlotte track

Officials from Speedway Motorsports Inc. and Lowe's insist they are still talking in the wake of a report that the home improvement chain is ending its sponsorship of SMI's flagship track.

5Vote!

SMI, Lowe's refute report over end of sponsorship

Officials from Speedway Motorsports Inc. and Lowe's insist they are still talking in the wake of a report that the home improvement chain is ending its sponsorship of SMI's flagship track.

4Vote!

SMI, Lowe's refute report over end of sponsorship

SPARTA, Ky. (AP) -Officials from Speedway Motorsports Inc. and Lowe's insist they are still talking in the wake of a report that the home improvement chain is ending its sponsorship of SMI's flagship track.

1Vote!

SMI completes purchase of Kentucky Speedway

Speedway Motorsports Inc. has completed its purchase of Kentucky Speedway, clearing the way for SMI owner Bruton Smith to try a NASCAR Sprint Cup race to the 1.5-mile tri-oval in northern Kentucky.

3Vote!

Ky. Speedway sale official

Speedway Motorsports Inc. today completed its purchase of Kentucky Speedway. The company agreed in May to buy the Gallatin County track for $78.3 million, including a $63.3 million debt assumption, from the original ownership group headed by Jerry Carroll.

4Vote!

Kentucky Speedway sale completed

Speedway Motorsports Inc. has completed its purchase of Kentucky Speedway. The new owner wants to bring a NASCAR's Sprint Cup series race to the track as soon as possible.