Announced
Financials
Tags
Friendly
Pending
Acquisition
Entertainment
NASCAR venue
Public
Majority
United States
Domestic
Single Bidder
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.