| Business Summary | | Speedway
Motorsports,
Inc.
is
the
owner
and
operator
of
Atlanta
Motor
Speedway,
Bristol
Motor
Speedway,
Lowe's
Motor
Speedway
at
Charlotte,
Las
Vegas
Motor
Speedway,
Sears
Point
Raceway
and
Texas
Motor
Speedway,
and
is
a
promoter,
marketer
and
sponsor
of
motorsports
activities
in
the
United
States.
The
Company
also
provides
event
food,
beverage
and
souvenir
merchandising
services
through
its
Finish
Line
Events
subsidiary,
and
manufactures
and
distributes
smaller-scale,
modified
racing
cars
and
parts
through
its
600
Racing
subsidiary.
As
of
December
31,
2000,
the
Company's
total
permanent
speedway
seating
capacity
was
approximately
712,000. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Speedway
Motorsports,
Inc.
promotes,
markets
and
sponsors
motorsports
activities
in
the
U.S.
TRK
owns
and
operates
several
motorspeedway
throughout
the
U.S.
and
also
provides
food,
beverage
and
souvenir
merchandising
services.
For
the
six
months
ended
6/30/01,
total
revenues
rose
7%
to
$242.4
million.
Net
income
before
acct.
change
rose
8%
to
$49.3
million.
Results
reflect
higher
admissions
for
the
NASCAR-sanctioned
racing
events
and
decreased
direct-response
advertising
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| O. Bruton Smith, 74 Chairman,
CEO | $445K | -- | H. Wheeler, 62 Pres,
COO, Director | 1.5M | $776K | William Brooks, 51 CFO,
VP, Treasurer, Director | 503K | -- | Edwin Clark, 46 Exec.
VP | 310K | 155K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|