Sports are big business; There’s a lot of money on the line at Homestead-Miami Speedway
On Sunday, four drivers are set to race for the NASCAR championship. Homestead-Miami Speedway in Homestead, Florida hosts the final race of the 2019 Monster Energy NASCAR Cup Series season.
Who’s racing for a championship?
Read More12 NASCAR tracks now sit under NASCAR ownership
International Speedway Corporation owns 12 tracks that feature NASCAR races. The company was originally formed by Bill France in 1953, the founder of NASCAR.
However, in recent years, the company was acted independent of the NASCAR sanction.
The ISC company was publicly traded on the stock market.
Read MoreThe famed East Bay Raceway Park enters purchase agreement with Mosaic Co
East Bay Raceway Park first opened in 1977. It started as a 1/4-mile, was transformed to a 1/2-mile and now sits as a 1/3-mile dirt oval.
The Tampa, Florida race track is led by Al Varnadore.
Read MoreSponsorship conflicts in the pit area of the Eldora Dirt Derby
Mike Marlar rolled into Eldora Speedway on Wednesday. The dirt late model star is set to compete in his first ever NASCAR Truck Series event.
The Eldora Dirt Derby is a 150-lap race that will take place tonight.
Read MoreWeaver talks the costs of super late model racing; Defends big haulers
At the start of the 2019 racing season, Randy Weaver Racing had a fleet of super late models and driver Tanner English. They hit the road for Florida Speedweeks.
Upon return to Crossville, Tennessee, the team closed it door’s on the super late model program.
Read MoreHuset’s Speedway will be giving the track away to a race winner; The largest payoff to a race winner in all of auto racing; Dirt racing team sent their entry in on the first day
Huset’s Speedway was sold to Chuck Brennan several years ago. He quickly re-constructed the entire facility and pumped a total of $18 million into the 3/8-mile dirt track.
Read MoreStatements from Nationwide Insurance, Alex Bowman and Rick Hendrick
Between 2008-2014, Nationwide Insurance was the entitlement sponsor for the NASCAR Nationwide Series.
Following the 2014 season, Nationwide announced they would be stepping down as the primary sponsor for the step-ladder series. Instead, the company doubled down on their sponsorship of Dale Earnhardt Jr within Hendrick Motorsports.
Read MoreThe Illinois dirt track first opened in 1947
LaSalle Speedway is a dirt track located in LaSalle, Illinois. The track is promoted by the Izzo family.
In 1947, the facility opened doors to race fans for the first time. At the time, it was a 1/5-mile dirt oval called Tri-City Speedway.
Read MoreNorth Carolina dirt track is now closed, joining a list of dirt tracks to close this week
Friendship Motor Speedway is a 4/10-mile dirt oval. The race track is located in Elkin, North Carolina.
The dirt track hosted a full range of weekly racing classes. Those included: SECA Crate Late Models,
Read More12 more active tracks could soon be under the NASCAR banner with major sports merger
On Wednesday, International Speedway Corp announced a merger agreement with NASCAR.
How much are 12 active NASCAR tracks worth?
The buyout is valued at $2 billion. ISC’s shareholders (other than certain controlling shareholders of ISC and certain related entities) and they will be paid off at $45 a share.
Read MoreFiremen’s Retirement System of St. Louis vs NASCAR Holdings Inc.
Firemen’s Retirement System of St. Louis has filed a class-action lawsuit against NASCAR Holdings Inc. which also mentions Lesa France Kennedy, James “Jim” France in addition to Brian France.
On November 10th, 2018, NASCAR offered a bid to purchase the International Speedway Corporation at $42 per share (Roughly $2 billion).
Read MoreNorth Carolina Governor Roy Cooper proposes that state sends $8 million to help fund The Rock Speedway; Joey Logano comments
Dan Lovenheim led a group of Charlotte, North Carolina residents in the bid of Rockingham Speedway in 2018. They’ve been cooking up big plans in the last couple years.
Several months ago,
Read MoreFlorida dirt track up for sale as turnkey operation
North Florida Speedway is a 3/8-mile semi-baked dirt oval. The track sits on 25+/- acres of Florida real estate.
In 1963, a race track was constructed between Jacksonville and Tallahassee. It’s now the second oldest speedway in the state of Florida.
Read MoreNASCAR champion Brad Keselowski is looking to start an American industrial revolution with Keselowski Advanced Manufacturing
At the end of the 2017 season, Brad Keselowski Racing closed their doors. This came as a surprise within the industry. The team went on the win their last race at Homestead-Miami Speedway.
However,
Read MoreNASCAR was downsized on Friday
An estimated 5% of NASCAR employees were laid off
It was rumored that NASCAR would begin laying off members of their staff.
On Friday, that happened. Employees of the stock car racing sanction were laid off at various positions within the privately held company.
Read MoreBrian France is in court for two charges: Aggravated driving while intoxicated and criminal possession of a controlled substance in the 7th degree.
The court case involving the former NASCAR CEO has been continued. The parties will return to the Sag Harbor Village court in Southampton, New York on January 18,
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