Stafford Springs, CT — For the 2008 NASCAR Whelen All-American Series season, Stafford Motor Speedway will institute a tire rule for its SK Modified® and SK Light Modified divisions. The…
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Daytona Beach, FL — Today’s announcement that Speedway Motorsports Inc. has purchased New Hampshire International Speedway is yet another indication that the NASCAR industry continues to grow and thrive. Capitalizing on NASCAR’s national appeal and growth, the Bahre family created a passionate fan base and developed a valuable venue that has hosted the largest sporting events in New England including 26 consecutive sellouts.
The success of NHIS, and the desire of the Bahre family to sell, made the track very attractive to SMI and several other interested buyers. SMI has a highly regarded record for hosting some of the most successful and enjoyable race events in all of NASCAR, and there’s no doubt that will continue.
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Charlotte, NC — Speedway Motorsports, Inc. (NYSE:TRK) has agreed to purchase New Hampshire International Speedway from Bob and Gary Bahre for $340 million in cash. The agreement was announced today by O. Bruton Smith, founder, chairman and chief executive officer of Speedway Motorsports, Inc. The acquisition is expected to close in the first quarter of 2008.To align with other SMI-owned speedway brands, the track will be renamed New Hampshire Motor Speedway following completion of the acquisition.
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