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Speedway Motorsports Eyes Atlantic City

10 September 1997

Speedway Motorsports Eyes Atlantic City

    ATLANTIC CITY, N.J., Sept. 10 -- Speedway Motorsports, Inc.
, Chairman O. Bruton Smith today announced his intention to build a
motorsports facility in the Atlantic City area.
    According to Smith, three potential sites are being considered for
construction of the facility.  Because of ongoing negotiations, Smith declined
to identify the sites.
    "This is a great market with more than 62 million people in a 300-mile
radius," said Smith.  "The enthusiasm from state and local governmental
agencies has convinced me to pursue this project."
    Smith said he is studying "several" facility plans, but emphasized he
would construct an oval speedway.  He said size of the oval and seating
capacity would be announced after a site selection is made.  The facility will
be built to accommodate various forms of motorsports entertainment including
NASCAR stock cars and Indy cars along with automobile shows, concerts and
other events.
    "We have worked hard to earn an excellent reputation for building and
operating first-class motorsports facilities," said Smith.  "This project has
great potential and will be part of that same successful modus operandi."
    Under Smith's direction, Speedway Motorsports opened the newly constructed
Texas Motor Speedway in the Fort Worth-Dallas market in April.  The facility,
which features a 1.5-mile superspeedway, is the second largest motorsports
facility in the United States with more than 150,000 seats.
    Speedway Motorsports also owns and operates Atlanta Motor Speedway,
Bristol (TN) Motor Speedway, Charlotte Motor Speedway and Sears Point Raceway
in Sonoma, California.
    The last major speedway to operate in New Jersey was the old Trenton
International Speedway, a one-mile speedway located at the fairgrounds.  It
closed in 1979.

SOURCE  Speedway Motorsports, Inc.