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Speedway Motorsports Announces 13,000 New Seats At Bristol Motor Speedway

26 August 1999

Speedway Motorsports Announces 13,000 New Seats At Bristol Motor Speedway

    CONCORD, N.C., Aug. 26 --  Speedway Motorsports
today announced that Bristol Motor Speedway will add approximately 13,000
seats to the existing 134,000-seat facility.
    "Our engineers worked extra hours to design an innovative double-decker
grandstand to accommodate additional demand for NASCAR Winston Cup and Busch
Series events at Bristol," stated Bruton Smith, chairman and chief executive
officer of Speedway Motorsports.  The grandstand addition will be completed
for the 2000 spring Winston Cup and Busch Series weekend at Bristol.
    Bristol Motor Speedway, located in Bristol, Tennessee, will host the
Goody's Headache Powder 500 NASCAR Winston Cup Series and Food City 250 NASCAR
Busch Series events on August 27 - 28.
    "Things are looking great for this weekend," stated Jeff Byrd, vice
president and general manager of Bristol Motor Speedway.
    "We are sold-out for the Goody's 500 this Saturday and we expect a record
crowd for the Food City 250 Friday."
    Speedway Motorsports purchased Bristol Motor Speedway in January 1996 for
approximately $27 million.  At that time, the facility had 71,000 permanent
seats. Seizing upon the demand for tickets at Bristol, Speedway Motorsports
embarked upon a capital improvement plan, which refurbished the entire
facility.  Seating doubled and the new stands and improvements provide better
sight lines, easier access to restrooms and concession stands and a unique
mezzanine level concourse."
    "This Bristol acquisition has proved to be a phenomenal success," stated
H.A. "Humpy" Wheeler, chief operating officer and president of Speedway
Motorsports.
    "The remainder of our event calendar looks good.  Strong ticket sales
continue for the UAW-GM Quality 500 NASCAR Winston Cup and Busch Series
weekend at Lowe's Motor Speedway on October 9-10 and the NAPA 500 NASCAR
Winston Cup weekend at Atlanta Motor Speedway on November 20-21."
    Speedway Motorsports is a leading marketer and promoter of motorsports
entertainment in the United States.  SMI owns and operates the following
premiere facilities: Atlanta Motor Speedway, Bristol Motor Speedway, Lowe's
Motor Speedway at Charlotte, Las Vegas Motor Speedway, Sears Point Raceway and
Texas Motor Speedway.  SMI also provides event food, beverage, and souvenir
merchandising services through its Finish Line Events subsidiary.