TRK - Speedway Motorsports, Inc.

NYSE - NYSE Delayed Price. Currency in USD

Speedway Motorsports, Inc.

5555 Concord Parkway South
Concord, NC 28027
United States
704-455-3239
http://www.speedwaymotorsports.com

SectorConsumer Cyclical
IndustryLeisure
Full Time Employees726

Key Executives

NameTitlePayExercisedYear Born
Mr. O. Bruton SmithExec. Chairman2.35MN/A1927
Mr. Marcus G. SmithPres, CEO & Director1.8MN/A1974
Mr. William R. BrooksVice-Chairman, CFO & Treasurer1.52MN/A1950
Mr. James B. ScudderChief Accounting Officer & Sr. VPN/AN/A1958
Mr. J. Cary Tharrington IVSr. VP, Gen. Counsel & Sec.N/AN/AN/A
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Speedway Motorsports, Inc., through its subsidiaries, promotes, markets, and sponsors motorsports activities in the United States. The company owns and operates eight racing facilities, including 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, 2017, its racing facilities included total seating capacity of approximately 715,000 with 754 luxury suites. The company also provides souvenir merchandising, including screen-printing and embroidery, as well as food, beverage, and hospitality catering services; and radio programming, production, and distribution services. In addition, it manufactures and distributes modified racing cars and parts; produces and sells micro-lubricant; distributes, wholesales, and retails motorsports and other sports-related souvenir merchandise and apparel; leases oil and gas mineral rights; and rents office, warehouse, and industrial park space, as well as track rentals for motorsports and non-motorsports events and activities, and driving schools. The company was founded in 1959 and is headquartered in Concord, North Carolina. Speedway Motorsports Inc. is a subsidiary of Sonic Financial Corporation.

Corporate Governance

Speedway Motorsports, Inc.’s ISS Governance QualityScore as of October 1, 2018 is 8. The pillar scores are Audit: 2; Board: 8; Shareholder Rights: 9; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.