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 [...]
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 reported a first-quarter net loss of $1.5 million, or 4 cents per diluted share, compared with net income of $9 million, or 21 cents per diluted share, in the same quarter last year. Among other things, the company blamed the results on a drop in consumer and corporate spending and higher fuel [...]
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.