Announced

Speedway Motorsports to acquire Dover Motorsports for $132m.

Synopsis

Speedway Motorsports, a marketer, promoter and sponsor of motorsports entertainment, agreed to acquire Dover Motorsports, one of the most unique venues on the NASCAR circuit, for $132m. “While this marks the end of our 52 years as an independent operator in NASCAR, our future advancement is best secured by joining forces with a major player in the sport and we are happy to be able to become part of the Speedway Motorsports family and to be able to work with Marcus Smith as NASCAR embraces its future,” Denis McGlynn, Dover Motorsports President and CEO.

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