When Allen Craven’s father moved to the city of Concord, Hotel Concord was his home for months. It was around the 1950s, and Craven’s dad, who has since died, lived there while setting up a medical practice across the street. “He paid $3.50 a week for a furnished room, and that included breakfast, dinner and [...]
Charlotte’s next big competitor for skilled workers might be coming from deep in the heart of Texas. When it comes to cities economic developers here are paying attention to, Austin, more than 1,100 miles away, is on the list as the Queen City tries to lure skilled workers. But going head to head with Austin [...]
Concord-based Speedway Motorsports, which owns Charlotte Motor Speedway, today declared a quarterly cash dividend of 10 cents per share of its common stock. The dividend will be payable Sept. 9 to shareholders of record by the close of business Aug. 19. The company also produces and broadcasts syndicated motorsports programming to radio stations nationwide through [...]
Age: 48 Lives in: Rock Hill, S.C. Family: wife, Marie; children, Jesse, 7, Jake, 5 Education: bachelor’s degree in electrical engineering technology, University of North Carolina at Charlotte Joel Matthews likes to blow stuff up. He’s been doing it for about 30 years, and as event producer for East Coast Pyrotechnics in Catawba, S.C., he [...]
Summer in Charlotte is in full swing, and that could mean good business for arenas and venues that offer a concert and a cool reprieve from the heat or just a way to unwind. But in these days of economic recovery, consumers are also watching their wallets. Big shows can bring big price tags for [...]
For those who haven’t noticed, there are a few extra NASCAR fans in town this week. With Charlotte Motor Speedway hosting the All-Star Race last weekend and the Coca-Cola 600 set for Sunday, hotels are packed, roads are jammed and checkered flags are waving throughout the region. It’s a sign that racing is still a [...]
Speedway Motorsports today declared a quarterly cash dividend of 10 cents per share of common stock. The Concord-based company said the dividend will be payable June 10 to shareholders of record at the close of business May 20. Speedway Motorsports markets motorsports entertainment. It owns and operates Charlotte Motor Speedway, among other facilities.
The steel frame for what Charlotte Motor Speedway calls the world’s largest high-definition video board is going up. An event to “top out” the frame is set for Thursday at the speedway’s backstretch. When a construction project is topped out, it means the highest point of a project has been built. The final, 40-foot beam is slated [...]
Morgan Ramsey’s longtime love affair with NASCAR ended badly. He grew up in Ridgeway, Va., just a few miles from the Martinsville Speedway and started going to races when he was 8. Family outings often consisted of traveling to regional races, including several at North Carolina speedways in Rockingham, North Wilkesboro and Charlotte. For one [...]