Last $17.71 USD
Change Today -0.03 / -0.17%
Volume 13.0K
TRK On Other Exchanges
New York
As of 3:53 PM 04/24/14 All times are local (Market data is delayed by at least 15 minutes).

speedway motorsports inc (TRK) Snapshot

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Day High
Day Low
52 Week High
12/19/13 - $20.75
52 Week Low
06/27/13 - $17.16
Market Cap
Average Volume 10 Days
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Dividend Yield

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speedway motorsports inc (TRK) Details

Speedway Motorsports, Inc., through its subsidiaries, operates as a promoter, marketer, and sponsor of motorsports activities in the United States. The company owns and operates Atlanta Motor Speedway, Bristol Motor Speedway, Charlotte Motor Speedway, Kentucky Speedway, Las Vegas Motor Speedway, New Hampshire Motor Speedway, Sonoma Raceway, and Texas Motor Speedway racing facilities. As of December 31, 2013, its racing facilities included total seating capacity of approximately 888,000 with 831 luxury suites. The company also licenses network television, cable television, and radio rights to broadcast racing events. In addition, the company provides event and non-event souvenir merchandising and distribution services; food, beverage, and hospitality catering services; and radio programming, production, and distribution services. Further, it distributes wholesale and retail motorsports and other sports-related souvenir merchandise and apparel; manufactures and distributes modified racing cars and parts; sells tickets to motorsports races and other events; produces and sells environmentally-friendly micro-lubricant, as well as leases oil and gas mineral rights; and rents industrial park and offices. Speedway Motorsports, Inc. was founded in 1959 and is based in Concord, North Carolina.

805 Employees
Last Reported Date: 03/7/14
Founded in 1959

speedway motorsports inc (TRK) Top Compensated Officers

Executive Chairman and Chief Executive Office...
Total Annual Compensation: $600.0K
President, Chief Operating Officer and Direct...
Total Annual Compensation: $550.0K
Vice-Chairman, Chief Financial Officer, Princ...
Total Annual Compensation: $500.0K
Compensation as of Fiscal Year 2013.

speedway motorsports inc (TRK) Key Developments

Speedway Motorsports Inc. Declares Quarterly Cash Dividend, Payable on June 6, 2014

Speedway Motorsports Inc. declared a quarterly cash dividend of 15 cents per share of common stock. The quarterly dividend will be payable on June 6, 2014, to shareholders of record at the close of business on May 16, 2014.

Speedway Motorsports Inc., Annual General Meeting, Apr 15, 2014

Speedway Motorsports Inc., Annual General Meeting, Apr 15, 2014., at 10:00 US Eastern Standard Time. Location: Smith Tower. Agenda: To elect Mr. William R. Brooks, Mr. Mark M. Gambill and Mr. James P. Holden as members of Board of Directors, each for a term of three years; to hold an advisory vote to approve named executive officer compensation; to ratify the selection by the Audit Committee of PricewaterhouseCoopers LLP as principal independent registered public accounting firm for the year ending December 31, 2014; and to transact such other business as may properly come before the Annual Meeting.

Speedway Motorsports Inc. Declares Quarterly Cash Dividend, Payable on March 14, 2014

On February 12, 2014, the Speedway Motorsports Inc.'s board of directors declared a quarterly cash dividend of $0.15 per share of common stock aggregating approximately $6.2 million, payable on March 14, 2014 to shareholders of record as of February 28, 2014. The Board of Directors plans to continue to evaluate cash dividends on a quarterly basis in the future.


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TRK Competitors

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Company Last Change
Dover Motorsports Inc $2.26 USD +0.03
International Speedway Corp $32.01 USD +0.23
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Valuation TRK Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.5x
Price/Book 0.9x
Price/Cash Flow 15.2x
TEV/Sales 0.3x

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