Dover Motorsports

Dover Motorsports, Inc. (formerly Dover Downs Entertainment) is a company that owns two auto racing circuits in the United States. The company is based in Dover, Delaware, United States, the home of its flagship track Dover International Speedway, a 1-mile (1.6 km) concrete oval with a seating capacity of 95,500 that opened in 1969. The company formerly owned the Dover Downs harness racing track adjacent to the Dover speedway. Dover Motorsports also operates Nashville Superspeedway, a 1.333-mile concrete oval track in Lebanon, Tennessee.

Dover Motorsports Incorporated
TypePublic
NYSE: DVD
Russell Microcap Index component
IndustryMotorsports
HeadquartersDover, DE
ProductsSporting events
Websitedovermotorsports.com

Dover Motorsports owned Memphis Motorsports Park, a 0.75-mile tri-oval asphalt short track in Millington, Tennessee, but closed the track in October 2009 to competition. It was later sold to Palm Beach International Raceway after sitting unused for over a year. Dover also owned Gateway International Raceway, a 1.25-mile egg-shaped asphalt oval track in Madison, Illinois, which was sold in 2011. After attempts to sale Nashville Superspeedway, the venue reopened in 2021 and hosted a NASCAR race weekend, replacing one of the race weekends at Dover International Speedway.[1]

On November 8, 2021, Speedway Motorsports agreed to purchase Dover Motorsports for $3.61 per share in cash for an approximate total equity value of $131.5 million. The close of the deal is subject to certain conditions.[2]

Dover International Speedway

Dover Motorsports Incorporated tracks

Current
Track Name Location Length Seating Year Opened Year Closed Reopened
Dover International Speedway Dover, Delaware 1 mile (1.6 km) 95,500 1969 open N/A
Nashville Superspeedway Lebanon, Tennessee 1.333 miles (2.145 km) 50,000 2001 2012 2021

Former
Track Name Location Length Seating Year Opened Year Closed Reopened Current Owners
Gateway International Raceway Madison, Illinois 1.25 miles (2.01 km) 78,000 1996 2010 2012 Curtis Francois
Memphis Motorsports Park Millington, Tennessee 0.75 miles (1.21 km) 28,000 1998 2009 2011 Moroso Investment Partners

References
  1. Humbles, Andy (June 2, 2020). "2021 NASCAR Cup Series race to be scheduled at Wilson County's Nashville Superspeedway". The Tennesseean. Retrieved June 2, 2020.
  2. "Speedway Motorsports to Acquire Dover Motorsports, Inc". www.businesswire.com. 2021-11-08. Retrieved 2021-11-09.
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