Baltimore Sun (Free subscription) | 20/11/2009
Season-ending race needs tight Chase, not a new venue The crowd of reporters grew around Speedway Motorsports Inc. owner and CEO Bruton Smith in March at Atlanta Motor Speedway as he opined about what's wrong with NASCAR's championship weekend.
GuruFocus Updates (Free subscription) | 05/11/2009
By 10qk. Speedway Motorsports Inc. ( TRK ) filed Quarterly Report for the period ended 2009-09-30. Read more » »
Charlotte Observer: Breaking News (Free subscription) | 04/11/2009
“The protracted tough economic conditions continue to significantly impact our operating results,” company president Marcus Smith said in a statement. “… (Our financial) results position us favorably relative to other destination-based entertainment and industry peers.”
The Business Journal of the Greater Triad Aera (Free subscription) | 04/11/2009
Speedway Motorsports Inc. reports third-quarter net income of $7.9 million, or 19 cents per diluted share. In the same period last year, the Concord-based company earned $7 million, or 16 cents per diluted share. (ISCA) (TRK)
Business Wire (Free subscription) | 04/11/2009
CONCORD, N.C.--(BUSINESS WIRE)--Speedway Motorsports, Inc. (SMI) (NYSE:TRK) today reported total revenues of $134.6 million and income from continuing operations of $9.1 million or $0.21 per diluted share for the third quarter 2009. Excluding equity investee losses from Motorsports Authentics, the Company’s merchandising joint venture with International Speedway Corporation, the Company’s...
Auto Channel (Free subscription) | 22/10/2009
Speedway Motorsports, Inc. Declares Quarterly Cash Dividend of 9 Cents Per ShareCONCORD, N.C.--Speedway Motorsports, Inc. (SMI) today declared a quarterly cash dividend of 9 cents per share of common stock. The quarterly dividend will be payable on December 11, 2009, to shareholders of record at the close of business on November 20, 2009. Speedway Motorsports is a leading marketer and promoter of motorsports...
The Charlotte Business Journal (Free subscription) | 07/10/2009
Motorsports Authentics needs extensions to pay off royalties and to renegotiate contracts with various teams or it could end up in bankruptcy, according to a Speedway Motorsports Inc. filing with the U.S. Securities and Exchange Commission on Wednesday morning. (TRK) (ISCA)
The Charlotte Business Journal (Free subscription) | 18/09/2009
Bruton Smith’s Speedway Motorsports Inc. filed suit Thursday against the city of Concord and Cabarrus County claiming they have failed to follow through on incentive agreements related to improvements at Lowe’s Motor Speedway and a nearby drag strip. (TRK)
Charlotte Observer: Breaking News (Free subscription) | 27/08/2009
(By Kirsten Valle, kvalle@charlotteobserver.com) Motorsports mogul Humpy Wheeler is helping to bring a world-class tire-testing facility to the Charlotte region, sources involved with the project said Wednesday. According to a news release, Wheeler, Charlotte Regional Partnership President Ronnie Bryant and James Cuttino, director of the N.C. Motorsports and Automotive Research Center at UNC Charlotte,...
BloggingStocks (Free subscription) | 07/08/2009
Filed under: Earnings reports , Lowe's Cos (LOW) On Thursday, Aug. 6, Speedway Motorsports (NYSE: TRK ) crossed its Q2 earnings finish line. The company reported a profit of 82 cents per share in the second three months of the year, well above consensus Wall Street estimates for a profit of 79 cents per share. Now, you might think that TRK took the trading day's checkered flag with a win after its...
Fox News (Free subscription) | 06/08/2009
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...
Charlotte Observer: Breaking News (Free subscription) | 06/08/2009
Speedway Motorsports posts $23.4 million lossThatsRacin.com
The Business Journal of the Greater Triad Aera (Free subscription) | 06/08/2009
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)
Business Wire (Free subscription) | 06/08/2009
CONCORD, N.C.--(BUSINESS WIRE)--Speedway Motorsports, Inc. (SMI) (NYSE:TRK) today reported total revenues of $191.9 million and a loss from continuing operations of $22.1 million or $0.52 per diluted share for the
The Business Insider (Free subscription) | 06/08/2009
Macro 8:30 AM: Initial Claims Earnings Comcast Corporation (CMCSA) (Before Market) Grubb & Ellis (GBE) (Before Market) IMAX Corporation (IMAX) (Before Market) K-Swiss Inc. (KSWS) (Before Market) Scripps Networks Interactive Inc. ( SNI) (Before Market) THOMPSON REUTERS PLC (TRI) (Before Market) Warner Music Group (WMG) (Before Market) Wendy's / Arby's Group, Inc. (WEN) (Before Market) Williams...
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