Charlotte Motor Speedway
Motorsport track in the United States From Wikipedia, the free encyclopedia
Charlotte Motor Speedway (known as Lowe's Motor Speedway from 1999 to 2009 due to sponsorship reasons) is a 1.500-mile (2.414 km) quad-oval intermediate speedway in Concord, North Carolina. It has hosted various major races since its inaugural season of racing in 1960, including NASCAR, IndyCar, and IMSA SportsCar Championship races. The facility is currently owned by Speedway Motorsports, LLC (SMI), with Greg Walter serving as its general manager. Charlotte Motor Speedway is served by U.S. Route 29.
| America's Home for Racing | |
|---|---|
 | |
 Quad Oval (1960–present) | |
 NASCAR Road Course "Roval" (2024) | |
| Location | Concord, North Carolina |
| Time zone | UTC−5 (UTC−4 DST) |
| Coordinates | 35°21′09″N 80°40′57″W |
| Owner | Speedway Motorsports (1974, 1976–present) |
| Broke ground | July 28, 1959 |
| Opened | June 15, 1960 |
| Construction cost | US$2 million |
| Former names | Lowe's Motor Speedway (1999–2009) |
| Major events | Current: NASCAR Cup Series Coca-Cola 600 (1960–present) Bank of America Roval 400 (2018–present) Alsco Uniforms 500 (1960–2017, 2020) NASCAR All-Star Race (1985, 1987–2019) NASCAR Xfinity Series BetMGM 300 (1978–present) Drive for the Cure 250 (1973–present) NASCAR Craftsman Truck Series North Carolina Education Lottery 200 (2003–present) NASCAR Craftsman Truck Series Roval Race (2025) Future: IMSA SportsCar Championship Grand Prix of Charlotte (1971, 1974, 1982–1986, 2000, 2020) Pirelli World Challenge (2000, 2007) Indy Racing League VisionAire 500K (1997–1999) Trans-Am Series (1981, 2000, 2022) Can-Am (1978–1979) |
| Website | charlottemotorspeedway |
| Quad Oval (1960–present) | |
| Surface | Asphalt |
| Length | 1.500 miles (2.414 km) |
| Turns | 4 |
| Banking | Turns: 24° Straights: 5° |
| Race lap record | 0:24.735 ( Kenny Bräck, Dallara IR-7, 1998, IndyCar) |
| NASCAR Road Course "Roval" (2024) | |
| Surface | Asphalt |
| Length | 2.320 miles (3.734 km) |
| Turns | 17 |
| Banking | Oval turns: 24° Oval straights: 5° |
| Race lap record | 1:24.163 ( Austin Dillon, Chevrolet Camaro ZL1, 2024, NASCAR Cup) |
| NASCAR Road Course "Roval" (2019–2023)[a] | |
| Surface | Asphalt |
| Length | 2.280 miles (3.669 km) |
| Turns | 17 |
| Banking | Oval turns: 24° Oval straights: 5° |
| Race lap record | 1:18.188 ( Paul Menard, Chevrolet Camaro Trans-Am, 2022, TA1) |
| NASCAR Road Course "Roval" (2018)[a] | |
| Surface | Asphalt |
| Length | 2.280 miles (3.669 km) |
| Turns | 17 |
| Banking | Oval turns: 24° Oval straights: 5° |
| Race lap record | 1:18.078 ( Kyle Larson, Chevrolet Camaro ZL1, 2018, NASCAR Cup) |
| Roval (1971–2014) | |
| Surface | Asphalt |
| Length | 3.621 miles (2.250 km) |
| Turns | 18 |
| Banking | Oval turns: 24° Oval straights: 5° |
| Race lap record | 1:05.524 ( Jan Magnussen, Panoz LMP-1 Roadster-S, 2000, LMP900) |
The speedway has a capacity of 95,000 as of 2021. The track features numerous amenities, including a Speedway Club, condos, and a seven-story tower located on the complex for office space and souvenirs. In addition, the Charlotte Motor Speedway complex features numerous adjacent tracks, including a 1⁄5 mile (0.32 km) clay short track, a 2⁄5 mile (0.64 km) dirt track, and a 1⁄4 mile (0.40 km) long drag strip. The main track also features an infield road course that is used with the oval to make a "roval".
With the rise of popularity in stock car racing in the American Southeast that began in the late 1940s and stretched into the 1950s, racing promoter Bruton Smith sought to build a state-of-the-art facility. At the same time, driver and businessman Curtis Turner sought to do the same. After initially refusing, Turner eventually partnered with Smith after they agreed to sell shares needed for the track's construction. Charlotte Motor Speedway was constructed in less than 11 months. The facility immediately faced a litany of issues, particularly financial woes. Within the facility's first decade of existence, ownership changed hands numerous times, with Smith and Turner both leaving. After a period of stability under the ownership of Richard Howard from the mid-1960s to the mid-1970s, Smith and his new partner, racing promoter and eventual longtime track general manager Humpy Wheeler, completed a takeover of Charlotte Motor Speedway in 1976. Since then, the Smith family and their company, SMI, have directed the facility's expansion and growth into one of the largest sports facilities in the United States.
Configurations
Charlotte Motor Speedway (CMS) in its current form is measured at 1.5 miles (2.4 km), with 24 degrees of banking in the turns and five degrees of banking on the track's frontstretch and backstretch.[1] Within the main track's frontstretch, there is a 1⁄4 mile (0.40 km) oval that was built in 1991 and is primarily used for legends car racing.[2]
Numerous tracks exist in the track's infield. In 1970, track officials announced plans for an infield road course that was connected to the speedway's backstretch. According to then-general manager Richard Howard, original plans for the speedway included a road course, but this was cut due to budget issues.[3] The original road course's length has varied in reports, from as short as 1.75 miles (2.82 km) according to the Salisbury Post[4] to as long 1.9 miles (3.1 km) long according to The Charlotte Observer. The road course held its first races on May 22, 1971, as part of the 1971 World 600 race weekend.[5] By August 1974, the track was reconfigured to a length of 2.25 miles (3.62 km).[6] In 2018, the road course was modified to suit NASCAR racing, adding a backstretch chicane.[7] this was modified the following year In 2019, one of the speedway's chicanes, located on the backstretch, was modified.[8] In 2020, developers constructed a purpose-built go-kart track in the track's infield.[9] Further modifications to two of the road course's chicanes were announced in 2024.[10]
Amenities
CMS is located in Concord, North Carolina, directly next to U.S. Route 29.[11][12] At the time of CMS's initial construction, the complex covered 551 acres (223 ha) and had a capacity of around 30,000.[13] Over the span of several decades, CMS and its complex have been expanded and improved numerous times. Throughout the ownership of Bruton Smith, the facility oversaw capacity growth, seeing a peak of over 170,000 by the end of the 1980s.[14] However, since the 2000s, capacity has seen a decrease, with multiple grandstands being demolished in the 2010s;[15][16] as of 2021[update], the track is reported to have a capacity of 95,000.[17] The complex has also expanded to around 2,000 acres (810 ha) as of 2020[update].[18]
Numerous buildings, used for a variety of purposes, are located in the complex. In 1983, to celebrate the facility's 25th anniversary, officials announced the construction of 36 condominiums that were built to overlook CMS's first turn.[19] By the time the project was completed in mid-1984, the number of condos increased to 40, and all were sold by the end of 1983.[20][21] At the end of 1984, officials announced the construction of a mall underneath the condos.[22] Three years later, officials announced the construction of a members-only private club and restaurant named The Speedway Club, with annual membership starting at $6,500 (adjusted for inflation, $17,432).[23]
Adjacent tracks
The Charlotte Motor Speedway complex has two adjacent tracks and a drag strip near the main speedway. By July 1993, construction started on a 1⁄5 mile (0.32 km) clay short track that was made to conduct dirt legends car races.[24] On August 10, 1999, then-general manager Humpy Wheeler announced a new 3⁄8 mile (0.60 km) dirt track that was to be constructed across the main speedway.[25] By January 2000, the planned track had been extended to 2⁄5 mile (0.64 km).[26] The first races on this track, which featured a lighting system and a capacity of 15,000, were held on May 28, 2000.[26][27]
In August 2007, owner of Speedway Motorsports, Bruton Smith, announced plans to build a drag strip on the complex.[28] Although the plan initially faced heavy opposition from local politicians,[29] the drag strip was eventually built after Smith threatened to close down the speedway,[30] coercing the city to give him an incentive package of approximately $80 million by leveraging fears that a closure would cripple the Concord economy.[31][32] The drag strip, which cost $60 million to build,[33] held its first races in September 2008.[34]
Planning and construction
Stock car racing, which traces its roots to moonshiners during the Prohibition era, gained significant popularity across the American Southeast during the 1940s and 1950s. This surge in interest led to the construction of modern racetracks like Darlington Raceway.[35] In the late 1950s, promoter Bruton Smith, who had achieved success organizing races in the Carolinas, aspired to build his own racetrack. In 1956, he partnered with businessman John William Propst Jr. to pursue the project.[35][36] At the same time, driver and timber businessman Curtis Turner was also working with a group of investors to build a racetrack.[35][36] However, Propst suffered a heart attack in 1958 and withdrew from his partnership with Smith due to health concerns. Smith then sought a partnership with Turner. After initial discussions, Turner declined the offer during a meeting at the Barringer Hotel. Feeling betrayed and aware that Turner lacked the funds to start his track independently, Smith decided to bluff Turner's plans. On April 22, 1959, Smith announced his intention to build his own speedway—the same day Turner officially announced his track plans.[35][36] Turner's track was set to be built near U.S. Route 29 in Cabarrus County, North Carolina, with a proposed capacity of 30,000 spectators.[13] However, he struggled to sell the 300,000 shares needed to finance the project. Ultimately, Turner agreed to partner with Smith, who became the vice president of the project and successfully sold 100,000 shares.[36][37] Additional stocks were made available in December 1959 and April 1960 to continue funding the speedway's construction.[38][39]
Groundbreaking on the facility began on July 28, 1959, two months later than planned due to legal issues surrounding the land purchase.[40] Construction faced immediate challenges.[35] Crews discovered large granite veins beneath the soil shortly after breaking ground, forcing grading contractor W. Owen Flowe to use dynamite for removal, causing further delays. Aggressive hornets on-site led to multiple workers quitting,[41] and in March 1960, three snowstorms compounded the setbacks.[35] Despite the delays, the track's publicity director insisted construction was "still ahead of schedule."[42] By late March, developers considered scrapping plans for grandstands to save time.[43] The complications forced the track’s first major race, the NASCAR-sanctioned 1960 World 600, to be postponed from May 29 to June 19.[44] Longtime NASCAR mechanic Smokey Yunick criticized the location, remarking, "a giant mistake. If they'd have searched North Carolina for the worst possible place to build a racetrack, that's where they built it."[35] Smith blamed Turner for many of the delays, claiming Turner often hired workers while intoxicated, requiring Smith to dismiss them.[35] Despite these obstacles, the project secured additional funding, including a $300,000 (about $3,089,764 today) loan from Washington D.C. businessman James L. McIlvaine, who expressed confidence in its success, stating in The Charlotte Observer, "This is going to be one of the best investments I've ever made, and I've made some good ones."[45]
As construction of the facility neared completion, a contract dispute arose between Flowe and his workers over unpaid fees and bounced checks. On June 9, just days before the World 600, Flowe halted construction by parking several earthmovers on the track and threatened to sue CMS officials.[46] Accounts differ regarding what followed: Flowe claimed that multiple individuals, including Smith and Turner, threatened to shoot him and his workers if they did not resume work.[47] Smith, however, stated that only Turner showed up with a shotgun, "[act] like he was somebody" before a guard confiscated the weapon.[35] Construction eventually resumed and was barely completed in time for the start of activities for the 1960 World 600.[35][48][49] Smith later called it a "miracle" that CMS was finished, admitting to losing $150,000 during its construction.[36][50] According to McIlvaine, the project cost approximately two million dollars (about $20,598,425 today) with $74,000 (about $762,142 today)[51] in debts owed to Flowe at the time of its completion.[52]
Early track and financial troubles
CMS officially opened to cars for a practice session on June 15, 1960, but issues quickly emerged. The State reported incomplete facilities on the first day, while the track's asphalt surface developed holes due to cars reaching speeds of around 130 mph (210 km/h).[53] The Charlotte Observer writer George Cunningham described the scene, noting "four gravel-deep fox holes grew...out of the second turn. And practically the entire surface on the third and fourth turns resembled an old lady's wrinkled face."[54] Despite this, some, including driver Glenn "Fireball" Roberts, hoped the surface would improve at higher speeds.[55] Track officials ordered a hasty repaving, which mostly held up by the following day.[56] However, financial troubles followed on June 18, when officials were sued for $10,000 (about $102,992 today) by Roy E. Thomas, who claimed breach of contract after being fired from his role selling advertising space for souvenir programs.[57] On race day, promoter Bruton Smith prayed the race would surpass halfway, fearing he'd have to issue refunds otherwise.[58] During the race, surface problems returned. Drivers such as Tom Pistone, Doug Yates, and Ned Jarrett reported mechanical failures, including blown tires, broken axles, and suspensions due to the track's rough conditions. Emanuel Zervakis exclaimed, "It's rough as hell! All the cars will have to be rebuilt...there's no doubt about it." Asphalt broke apart in multiple areas, forcing drivers to dodge flying debris.[59][58] Max Muhlehurn of The Charlotte News summed it up: "The 600 will go down in history as the only race ever run in which drivers were forced to dodge track blemishes more often than other cars.".[60]
On July 17, McIlvaine spread rumors that the facility's board of directors intended to appoint new management, possibly under NASCAR president Bill France Sr. or Darlington Raceway president Bob Colvin.[51] Both Smith and Turner quickly denied the rumors, with Turner threatening legal action.[61] Over the next few months, multiple claims surfaced alleging that Smith and Turner owed significant sums to various organizations and companies, including $90,000 (about $926,929 today) to the Connecticut General Life Insurance Co., $40,200 (about $414,028 today) to the Internal Revenue Service, $65,000 (about $669,449 today) to Propst and his construction company, and $204,000 (about $2,101,039 today) to McDevitt Street and Co.[62][63] The facility had also defaulted on its initial mortgage.[64] By early August, only Propst had been paid, though additional track repaving was scheduled to address ongoing surface issues.[65] By November 22, reports indicated that CMS had accumulated approximately $1 million (about $10,299,213 today) in debt.[66] In January 1961, two more lawsuits were filed by excavating companies.[67]
On March 1, 1961, Flowe filed a civil lawsuit against the track, alleging breach of contract and seeking $138,155.28 (about $1,408,630 today) in reparations for construction costs.[68] Three months later, following McIlvaine's threat of foreclosure and the auction of CMS, Turner and Smith resigned from the board of directors, though Smith remained as the promotional director.[69] Duke Ellington, a board member, replaced Turner as the track's general manager. Turner later accused Smith and Ellington of conspiring to oust him and inflating the track's profits.[70] In July, Turner and his investor group announced plans to regain control of CMS by either purchasing the track in a public sale or acquiring a controlling amount of stock.[71] By August, despite an "unusually successful" 1961 World 600, the track warned stockholders that CMS was in "serious trouble" and could only achieve financial stability through immediate long-term financing.[72] By early October, the facility still faced $500,000 in debt, and foreclosure proceedings began, with plans to auction the track on October 30.[73] In a last-ditch effort to stop the foreclosure, several solutions were proposed, including securing a "miracle" loan and a plan for Smith to partner with investors to raise $600,000 to save the facility.[74][75] After the auction was delayed,[76] U.S. District Judge James Braxton Craven Jr. ruled on November 3 that the court would take over management of CMS. The track entered Chapter 10 bankruptcy, with all officers and directors removed from their positions. The facility was placed under court protection, shielding it from creditors and effectively becoming a ward of the court.[77][78]
Federal court control
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After Craven's ruling, he appointed Robert Nelson Robinson, a local Charlotte lawyer, to manage the track.[79] Several loan offers were made to help resolve the facility's financial troubles, including separate proposals from businessmen Roger D. Edwards and Dwight Cross.[80][81] On December 9, Craven ruled that the track's management could seek loans without immediate pressure from creditors, and he ordered Robinson to develop a plan to ensure a $900,000 (about $9,176,392 today) payment to various creditors.[82] By early January 1962, no progress had been made, prompting Craven to threaten liquidation of the track by March if a viable plan was not presented.[83] By the end of January, a shareholder committee led by A. C. Goines proposed a solution: asking the track's nearly 2,300 shareholders to purchase trustee certificates valued between $100 and $1,000, with the goal of raising $300,000—half of the $600,000 needed for reorganization.[84] Following a successful stockholder meeting on February 18, a final effort to raise an additional $50,000 took place six days later.[85][86] The committee succeeded in meeting the $300,000 goal, but a loan offer from Cross to cover the remaining debts was rejected.[87][88] By May, Craven ordered an investigation into Charlotte Motor Speedway (CMS).[89] By July, while Craven remained optimistic about saving the facility, preliminary findings of mismanagement and potential fraud led to the involvement of the Federal Bureau of Investigation (FBI).[90][91][92] Eventually, a reorganization plan hearing was scheduled for November 5.[93]
In October, a new $345,000 loan from McIlvaine was guaranteed, despite track officials already owing him over $300,000, alleviating some financial pressure.[94] The following month, Craven approved Robinson's proposal to allow stockholders and creditors to vote on a reorganization plan, scheduled to run through January 3, 1963.[95][96] While the plan initially lacked sufficient creditor support, it was eventually approved, and Craven granted final approval for a stock sale in February.[97][98][99] By April, the plan had achieved significant success, with the owners repaying over $740,000 in debt.[100] In mid-April, Craven approved the establishment of private ownership under an 11-person board of directors led by A.C. Goines, with the arrangement set to last for at least one year, effectively completing the reorganization process.[101] That same year, Bruton Smith left his position after being found guilty of failing to file tax returns for 1955 and 1956.[102][103]
Richard Howard era, stabilization
In December 1963, Goines declared while announcing a 10% stock dividend, "We've taken some bitter medicine, but the patient has been saved".[104] In February 1964, CMS saw a profit for the first time.[105] He resigned after the mandatory one-year period, with his position being filled by leading stockholder Richard Howard, a furniture store owner.[106] The track later oversaw numerous driver fatalities in the mid-1960s; longtime driver Fireball Roberts died on July 2, 1964, due to complications from a fiery crash at the 1964 World 600,[107] and Harold Kite, a World War II veteran, died on October 17, 1965, during the 1965 National 400 in a crash on the race's first lap.[108]
Under the leadership of Howard, CMS was able to pay off its mortgage three years early, finally ending the last of the track's financial woes.[109] Throughout Howard's tenure, he was seen as a "good ol' country boy" who spent conservatively on the track; however, he was willing to renovate parts of the track and increase its capacity.[110] In 1965, track officials opted to diversify their holdings, buying out the Rightway Investment Corporation, an insurance finance company.[111] In 1970, track management announced constructions of a new road course,[3] along with new grandstands according to tax records.[112] By 1972, CMS was increasing their profits year-by-year.[113]
Bruton Smith and Humpy Wheeler's takeover
In the mid-1970s, after a successful stint in the car dealership business, Smith began to believe that reacquiring CMS would be an highly profitable venture, with the R. J. Reynolds Tobacco Company and its subsidiary Winston introducing their sponsorship of the NASCAR Cup Series in 1970.[114] By 1973, Smith bought almost 500,000 shares – a more than tenfold increase from his initial amount of 40,000 – stating that he did not know why he bought this many.[115] In early 1974, despite an attempt to stop elections for the track's board of directors,[116] Smith was elected as chairman, effectively placing him back in charge. Howard was elected as the facility's president.[114][117] Later that year, Howard announced a $2.5 million (adjusted for inflation, $15,445,344) renovation of the track, aimed at improving the physical appearance of the track and adding seating.[118]
Throughout 1975, Howard and Smith had heated exchanges in the media, entering a fierce battle for control. In January, Howard regained control of the board of directors despite threatening to resign.[119] In early February, Howard stated that he was tired of the track being run from Illinois, where Smith lived. In response, Smith accused him of consolidating too much power along with financial irregularities.[120] In July, Smith bought around 80,000 shares from Howard's relatives, which was considered a major turning point in their battle for control.[121] On August 29, H. A. "Humpy" Wheeler, a former public relations representative for various companies, was hired as the track's development director.[122] With this, Howard felt his position was threatened, with local media predicting that Wheeler's hiring was the final piece needed for a total takeover by Smith.[110][123] On October 5, The Atlanta Constitution reported that the 1975 National 500 was to be Howard's final race with any ties with the facility, with a final decision to come on January 30, 1976, the day of the annual stockholders' meeting.[124] Although Howard initially denied these claims[125] and later professed interest in taking a consultant job with Smith, on October 23 Howard stated that he was "99% certain" of leaving.[126] On the day of the stockholders' meeting, a tearful Howard officially announced his resignation, essentially giving Smith full control over the facility, with Wheeler filling in as president.[127]
Humpy Wheeler era, promotions, failed NFL proposal
Under the leadership of Wheeler and Smith, CMS was extensively promoted and rapidly expanded and modernized. In Wheeler's first year as president, he announced a $3–5 million renovation that was to be completed in 1981.[128] Wheeler became known in the following years for pulling off elaborate and unique promotions. In 1976, he convinced Janet Guthrie to enter the 1976 World 600 to attract female spectators.[129][130] In 1977, to promote a rivalry between longtime driver Cale Yarborough and newcomer Darrell Waltrip, he created a contraption that poked fun at Waltrip's nickname, "Jaws", and Yarborough's sponsor, Holly Farms Poultry. Wheeler placed a dead chicken inside the mouth of a dead shark, attached it to a pickup truck's sling, and paraded it before first qualifying round of the 1977 NAPA National 500.[131] In 1980, officials announced further renovations worth $16 million, with a stated goal of bringing the speedway's capacity to 150,000.[132] In 1983, Bruton and Wheeler announced the construction of 36 condominiums;[19] the number later increased for 40, and despite initial mockery all were sold by the dwellings' completion in 1984.[20][21]
In 1985, the city of Charlotte sought to attract a professional football team. In March, Smith announced plans to build a stadium on the track's frontstretch,[133] with a capacity of 76,000, temporary endzone grandstands, and retractable grandstand seating behind the track's pit road.[134] Original plans for the track had included a football stadium, but this had been scrapped due to numerous construction issues.[135][136] During the official announcement on March 13, Smith stated that he would build the stadium if either the local government or investors gave him $10 million.[134] Competition for this bid came from fellow Charlotte businessman George Shinn, who wanted either a team for the National Football League (NFL) or the fledgling United States Football League (USFL); Smith, conversely, only wanted an NFL team.[137] The city refused to assist with construction costs, and all plans died by the end of the year;[136] however, Smith did state renewed interest of hosting an NFL team at the track two years later.[138]
Mass expansion and improvement, injury-riddled period
In 1987, construction began on a membership-exclusive club and restaurant named The Speedway Club.[23] By the end of the 1980s, CMS had a maximum capacity of 170,922.[14] In 1991, Smith directed the installation of lights at the track with the help of Iowa-based Musco Lighting. At the time, it was viewed as a major feat, as no oval track as large as the Charlotte Motor Speedway had ever implemented such a system.[139] The lights were completed in April 1992.[140] In 1994, the track renovated its garage area at a cost of around $1 million, drawing praise from driver Dale Jarrett.[141] In 1999, the track partnered with hardware retail chain Lowe's, which bought naming rights, the first time a corporate sponsor ever had such rights for a track.[142]
Throughout the 1990s and the early 2000s, numerous injuries and fatalities occurred at the track, involving both drivers and spectators. In 1989, Wheeler created the NASCAR Sportsman Division, a series that had the intended goal of giving short-track drivers experience on longer tracks. The track played host to numerous races.[143] The series immediately gained a reputation for danger due to a series of crashes at CMS. Three fatal crashes occurred within six years; David Gaines in 1990,[144] Gary Batson in 1992,[145] and Russell Phillips in 1995, with the third being decapitated when his head hit a caution light.[146][147] In late 1995, Wheeler gave control of the series to NASCAR, who ended it quickly afterward in 1996.[147][148] During the 1999 VisionAire 500K – an Indy Racing League race – an early accident involving Stan Wattles and John Paul Jr. occurred on the speedway's front stretch, resulting in heavy debris. Wattles' right rear wheel and tire assembly flew into the grandstands at high speeds, killing three people and injuring eight more, resulting in the cancellation of the race.[149] After the 2000 The Winston, a pedestrian bridge collapsed, injuring 107 people,[150] which was later blamed on the bridge's manufacturer using an improper additive.[151][152] In the next two years, two ARCA drivers died in accidents; Blaise Alexander in 2001,[153] and Eric Martin in 2002.[154]
In 2005, officials announced a repave, using a process called levigation to smooth out bumps on the track's surface.[155] This repave led to numerous problems for both of the facility's NASCAR race weekends in 2005, leading to another repave in 2006.[156][157] In 2007, Smith announced plans to construct a drag strip.[28] This plan was met with heavy criticism from the Concord City Council, which held a special legislative session to decide whether to block it.[29] Smith, in turn, decided to start preliminary grading work regardless of the council's decision.[158] On October 2, the council voted unanimously to block Smith's plans.[159] In response, Smith threatened to shut down the track or relegate it to a testing facility unless the decision was reversed, which would have significant financial repercussions for the Concord economy.[30] The council quickly backtracked, and tried to convince Smith to stay by offering him an incentive package of $80 million (adjusted for inflation, $117,554,165), a street named in his honor, and a tax break, along with letting him build the drag strip.[31] On November 26, Smith stated his final decision in letting the track continue as is, stating, "We're here forever".[32]
Retirement of Wheeler
Tensions between Smith and Wheeler had been documented since 1991, with the two being in "constant disagreement" over topics.[160] By 2008, Wheeler grew angry at several new developments directed by Smith, including the controversial drag strip.[161] On May 21, 2008, Wheeler announced his retirement, effective after the 2008 Coca-Cola 600, ending a tenure that had lasted since 1975.[162] Although Smith claimed that he offered Wheeler a consulting job and that Wheeler himself hoped for a part-time position,[163][164] Wheeler ultimately left all track duties related to CMS.[162] Wheeler was replaced by Marcus Smith, one of Smith's sons.[165] In 2009, corporate sponsor Lowe's ended its eleven-year partnership with the track, which reverted back to the "Charlotte Motor Speedway" name.[166]
Steady attendance declines, renovations
Throughout the 2010s, CMS oversaw steady attendance declines that correlated with overall reduced attendance within NASCAR. As a result, officials ordered the removal of 41,000 seats in 2014[15] and an unspecified amount of seats in 2017.[16] In 2017, the track was used for the filming of the movie Logan Lucky, a fictional tale about a group of people stealing $14 million from the facility.[167] In 2018, Marcus stepped down from general manager responsibilities to focus on running SMI as its CEO, handing the position over to the speedway's executive vice president at the time, Greg Walter. In interviews, Walter expressed a desire for expanding the CMS's uses for endeavors other than racing, along with further renovations.[168] In 2021, the NASCAR All-Star Race, which had been held at the track annually, with two exceptions in 1986 and 2020, was moved to the Texas Motor Speedway in an attempt to reverse sagging attendance at Texas.[169]
CMS has seen numerous renovations and additions since the 2010s. In 2011, Marcus directed the construction of a 200-by-800-foot (61 by 244 m) television screen on the track's backstretch, demolishing old seats in the process.[170] In 2015, the track's barriers were renovated in response to Kyle Busch's injury at the Daytona International Speedway in February.[171] In 2023, officials announced plans to build a dedicated road course.[172]
Racing events
NASCAR
Since 1960, Charlotte Motor Speedway has hosted two annual NASCAR Cup Series races: the Coca-Cola 600 (originally known as the World 600) and the Bank of America Roval 400. The Coca-Cola 600, introduced in 1960, quickly became one of the longest, most prestigious, and highest-paying motor races in the world.[173][174] It is now considered a "Crown Jewel" event on the NASCAR schedule.[175]
The Bank of America 500 was originally a 500 miles (800 km) race held in October, first run in 1960.[176] In 1966, the race distance was increased to 501 miles (806 km), a format that remained until 2018.[177] To address declining attendance, the 2018 race was shortened to 250 miles (400 km) and shifted to a specialized "Roval" course.[178][179] In 2020, a temporary third points paying race was held on the oval configuration, alongside the Coca-Cola 600 and the annual "roval" event.[180] In addition to its NASCAR Cup Series races, CMS also hosts NASCAR Xfinity Series and NASCAR Truck Series events on both the oval and roval layouts.[181]
In 1985, Wheeler and the R. J. Reynolds Tobacco Company introduced The Winston (now known as the NASCAR All-Star Race), a showcase event featuring race winners from the previous season.[182] From 1987 to 2020, Charlotte Motor Speedway hosted the event annually, with periodic changes to its format and eligibility rules.[183] In 2020, the race was relocated to Bristol Motor Speedway.[184]
Other racing events
In late 1979, the United States Auto Club (USAC) announced plans to run a 500 kilometres (310 mi) race in October 1980.[185] However, the race was canceled in April due to an agreement with USAC and Championship Auto Racing Teams (CART).[186] In December 1996, IndyCar announced plans for a race to be held in July 1997.[187] The race ran for three years; the last race was canceled after an accident caused flying debris that killed three spectators.[149]
Numerous runnings of the Grand Prix of Charlotte, a sports car event, have been run by various organizations. In 2000, the facility held a one-off Grand Prix of Charlotte that was sanctioned by the American Le Mans Series.[188] The race was last run in 2020 by the IMSA SportsCar Championship.[189]
Non-racing events
Festivals and shows
On August 10, 1974, CMS hosted the August Jam. Regarded as "Carolina's Woodstock", the festival drew over 200,000 people, more than double than what was expected due to a security breach. The festival unintentionally became the largest music festival in North Carolina history.[190][191] It soon gained a reputation for violence; Richard Howard, president of CMS, compared the actions of spectators to Japanese Army suicide attacks at the Battle of Okinawa, with damages totaling $50,000.[192]
From 2013 to 2018, the facility held the Carolina Rebellion festival.[193][194] Since 2021, CMS has hosted a branch of the touring Breakaway Festival.[195] In 2024, the organizers of the Breakaway Festival also planned a second show at the facility, tailored for EDM.[196] That same year, CMS officials also announced that the speedway would host the inaugural edition of the Lovin' Life Music Fest.[197]
CMS hosts an annual Christmas-themed drive-thru lights show, a tradition that started in 2010.[198] In the wake of the COVID-19 pandemic, the track hosted high school graduations for 10 high schools within the Cabarrus County area.[199]
Unrealized events
In February 1961, track officials wished to host a National Football League (NFL) exhibition game between the Washington Redskins and the Philadelphia Eagles;[200] however, the deal fell through when Smith found terms from Redskins owner George Preston Marshall to be unreasonable.[201]
As of October 2024, the fastest official race lap records at the Charlotte Motor Speedway are listed as:
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