SportBusiness.com

SPEEDWAY SET FOR MULTI-MILLION MAKEOVER

Dover International Speedway is set to undergo a multi-million dollar refurbishment programme.

Owner Dover Motorsports confirmed this week plans for a new five-year capital improvement project at the track to provide new offerings and upgraded amenities for fans, competitors and the media.

Construction on the project will begin after the upcoming June 2-4, NASCAR weekend.
Said Denis McGlynn, CEO and president of Dover Motorsports: “The renovations and new offerings will modernise our facility, help us provide a greatly improved experience for all fans and the NASCAR teams who have put on such a great show in Dover for the past 37 years, and provide new revenue opportunities for the company.”
McGlynn added that the capital projects will be funded from existing cash flow and the company would continue to reduce its overall debt during this period.