N.H. exec angered by IRL 2009 schedule

SYLVANIA, N.H., July 30 (UPI) -- New Hampshire Motor Speedway executive Jerry Gappens is angry that the venue will not be the site of an Indy Racing League event next season.
Report: Wheeler resigned early

Report: Wheeler resigned early

CONCORD, N.C., May 22 (UPI) -- ESPN reported Thursday Lowe's Motor Speedway President and General Manager H.A. "Humpy" Wheeler is resigning a week before he had planned.

Bruton Smith buys New Hampshire track

FORT WORTH, Texas, Nov. 2 (UPI) -- Bruton Smith, who owns six of the U.S. tracks on which Nextel Cup races are contested, bought a seventh Friday.

Vickers to get extra security at Concord

CONCORD, N.C., Oct. 11 (UPI) -- Brian Vickers will get added security Saturday when he drives at the Nextel Cup's Bank of America 500 in Concord, N.C.

In Sports from United Press International

A roundup of top sports stories

In Sports from United Press International

A roundup of top sports stories

Changes possssssible for NASCAR races

CONCORD, N.C., Jan. 21 (UPI) -- The uneasy alliance between Bruton Smith and NASCAR took an unusual twist Tuesday when NASCAR chairman Bill France Jr. said if Texas Motor Speedway wants an add

The Vegas Guy: Big Wayne and Big Oscar

LAS VEGAS, Feb. 5 (UPI) -- So I'm hanging out with Wayne Newton, the very icon of Vegas, and Wayne is maneuvering his Rolls Corniche through snarled freeway traffic on his way to see the
JOE BOB BRIGGS, 'The Vegas Guy'

Executive Business Briefing

Here is a look at more of Tuesday's top business stories:

CART, speedway settle lawsuit

FORT WORTH, Texas, Oct. 16 (UPI) -- Texas Motor Speedway on Tuesday settled a lawsuit filed against CART due to the cancelation of the Firehawk 600 on April 29.
Bruton Smith
Tennessee Governor Phil Bredesen was in East Tennessee today to dedicate the new Bruton Smith Building at Bristol Motor Speedway. (UPI Photo/David Allio)

Ollen Bruton Smith (born 1927 in Oakboro, North Carolina) is a promoter and owner/CEO of NASCAR track owner Speedway Motorsports, Inc. The billionaire was ranked #207 on the Forbes 400 list with an estimated worth of $1.5 billion in 2005, and fell to #278 (worth an estimated $1.4 billion) in 2006. He is divorced with four children. He was inducted in the International Motorsports Hall of Fame in 2007.

Bruton Smith watched his first race as an eight year old. He bought his first race car at 17. He began promoting stock car event as an 18 year old at Midland, North Carolina. He claims that he beat NASCAR legends Buck Baker and Joe Weatherly. He quit racing because his mother wanted him to quit.

Smith built Charlotte Motor Speedway (now Lowe's Motor Speedway) in 1959 for $1.5 million, with financing from his wealthy brother-in-law. Well-known racer Curtis Turner helped with promoting the track. Smith went bankrupt two years later. The track was turned over by Judge J.B. Craven to local furniture store owner Richard Howard, who ran the track and worked it out of its debts (the mortgage was burned publicly in 1967) while Smith moved to Illinois, eventually buying out other shares of stock in the track to regain control in the early 1970s.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Bruton Smith."
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