Added Cup and XFINITY Series Races Create
Triple-Event Fall Weekend
Las Vegas Motor Speedway will hold a pair of aces next year as
the 1.5-mile superspeedway doubles down with a second Monster
Energy NASCAR Cup Series race for the 2018 season and beyond.
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The speedway made the announcement at a joint news conference
with the Las Vegas Convention and Visitors Authority at Cashman
Center Wednesday, just two days before the green flag drops on its
2017 NASCAR weekend. LVMS will host the new Monster Energy Cup race
beginning in the fall of 2018 in addition to its customary March
NASCAR weekend.
LVMS also will welcome a second NASCAR XFINITY Series race
beginning in the fall of 2018 and an additional NASCAR Camping
World Truck Series race beginning in the spring of 2018, meaning
both of the speedway’s NASCAR weekends will include races from each
of NASCAR’s top three series – the Camping World Truck Series,
XFINITY Series and Monster Energy Cup Series.
Las Vegas Motor Speedway will become the first facility on the
NASCAR schedule to host two annual event weekends with all three
national touring series. Official race dates will be announced
later by NASCAR as part of the full 2018 schedules.
“This is a tremendous opportunity for Speedway Motorsports and
Las Vegas Motor Speedway to create a NASCAR spectacle worthy of the
greatest racing in the world and the Entertainment Capital of the
World,” said Speedway Motorsports, Inc. President and Chief
Executive Officer Marcus Smith.
“It’s taken a tremendous amount of work to make this happen, and
we are very thankful to the Las Vegas Convention and Visitors
Authority and NASCAR for their support in our endeavor to create a
triple-header NASCAR weekend in such a world-class
destination.”
In 2018, Speedway Motorsports (NYSE: TRK) will realign the
September Monster Energy NASCAR Cup Series and NASCAR Camping World
Truck Series races from New Hampshire Motor Speedway and the
September NASCAR XFINITY Series race from Kentucky Speedway to
create the two triple-header weekends in Las Vegas.
“Fans and tourism officials in New Hampshire and Kentucky should
know that we are still very committed to creating motorsports
entertainment in those regions,” Smith added.
“We will work hard to make sure the July NASCAR race weekends
that we will continue to host in New Hampshire and Kentucky are
bigger and better than ever before for our fans, sponsors and
stakeholders.”
LVMS first hosted a NASCAR Camping World Truck Series race in
1996, added a NASCAR XFINITY Series race in 1997 and will host its
20th Monster Energy NASCAR Cup Series event, the Kobalt 400, this
Sunday. The first race held at the 1.5-mile oval was the Indy
Racing League’s Las Vegas 500K in 1996.
“We’re honored that NASCAR has entrusted us with a second NASCAR
weekend,” LVMS President Chris Powell said. “We’ve pursued a second
NASCAR premier-series race weekend for quite some time, so this
news is monumental for everyone at Las Vegas Motor Speedway as well
as everyone in our wonderful city.”
“Las Vegas and Las Vegas Motor Speedway have become great
destinations for NASCAR fans,” NASCAR Executive Vice President and
Chief Racing Development Officer Steve O’Donnell said. “The
experience is unique to any other in our sport. We look forward to
having NASCAR racing there for two race weekends in 2018.”
The addition of a second NASCAR weekend in Las Vegas will be a
big boost for the “Entertainment Capital of the World,” and the
news was welcomed by the Las Vegas Convention and Visitor’s
Authority Board of Directors at a meeting earlier today.
“We have outstanding support from the LVCVA and other Las Vegas
leaders, and we’re supremely confident that we’ll host two
top-notch race weekends,” Powell added. “Today’s news will create
lasting memories for our fans and will provide immeasurable
economic impact for Southern Nevada.
“Over the years, Las Vegas has become a major sports city as a
popular destination for a variety of championship and professional
sports events, and today we are proud to add a second NASCAR Cup
race to that roster. Las Vegas, NASCAR and Las Vegas Motor Speedway
(LVMS) have developed a strong and successful partnership, and we
are certain this second race will prove to be another great
success,” said Rossi Ralenkotter, president and CEO of the Las
Vegas Convention and Visitors Authority.
“Last year’s March race attracted more than 115,000 fans, with
more than 96,000 coming from out-of-town, and generated nearly $140
million in economic impact. We have worked with LVMS and NASCAR for
years to bring a second Cup race to Las Vegas, and now we are
committed to making the fall race just as successful for all of
us.”
“Las Vegas is the ideal destination for a second NASCAR Cup
race, and this addition will delight the thousands of fans who love
visiting Southern Nevada to watch their favorite drivers in
action,” said Lawrence Weekly, chairman of the Las Vegas Convention
and Visitors Authority and Clark County commissioner. “As a city,
we are uniquely positioned to provide sports fans with a top-notch
experience, and our energy and passion are the perfect complement
to NASCAR.”
LVMS’ 2017 NASCAR Weekend begins with the Stratosphere Pole Day
on Friday, March 10 with Monster Energy NASCAR Cup Series
qualifying beginning at 4:45 p.m. Pacific Time. The XFINITY Series’
Boyd Gaming 300 takes place at 1 p.m. on Saturday, March 11, and
the weekend’s racing culminates on Sunday, March 12, with the
Kobalt 400 at 12:30 p.m.
For tickets to all 2017 LVMS events, fans should call
1-800-644-4444 or log on to LVMS.com.
About Speedway Motorsports, Inc.
Speedway Motorsports, Inc. is a leading marketer, promoter and
sponsor of motorsports entertainment in the United States. The
Company, through its subsidiaries, owns and operates the following
premier facilities: Atlanta Motor Speedway, Bristol Motor Speedway,
Charlotte Motor Speedway, Kentucky Speedway, Las Vegas Motor
Speedway, New Hampshire Motor Speedway, Sonoma Raceway and Texas
Motor Speedway. The Company provides souvenir merchandising
services through its SMI Properties subsidiaries; manufactures and
distributes smaller-scale, modified racing cars and parts through
its U.S. Legend Cars International subsidiary; and produces and
broadcasts syndicated motorsports programming to radio stations
nationwide through its Performance Racing Network subsidiary. For
more information about the company, please visit the Speedway
Motorsports website.
This news release contains forward-looking statements,
particularly statements with regard to our future operations and
financial results. There are many factors that affect future events
and trends of our business including, but not limited to, economic
factors, geopolitical conditions, weather, the success of NASCAR
and others as sanctioning bodies, capital projects and expansion,
financing needs, and a host of other factors both within and
outside of management control. These factors and other factors,
including those contained in our Annual Report on Form 10-K and
subsequently filed Quarterly Reports on Form 10-Q, involve certain
risks and uncertainties that could cause actual results or events
to differ materially from management's views and expectations.
Inclusion of any information or statement in this news release does
not necessarily imply that such information or statement is
material. The Company does not undertake any obligation to release
publicly revised or updated forward-looking information, and such
information included in this news release is based on information
currently available and may not be reliable after this date.
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version on businesswire.com: http://www.businesswire.com/news/home/20170308006445/en/
Speedway Motorsports, Inc.Scott Cooper,
704-455-3209scooper@smicorporate.comorLas Vegas Motor SpeedwayJeff
Motley, 702-632-8266jmotley@lvms.com
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