Charlotte Motor Speedway

Charlotte Motor Speedway (CMS) in its current form is measured at {{Convert|1.5|mi|km}}, with 24 degrees of banking in the turns and five degrees of banking on the track's frontstretch and backstretch.{{Cite web |date=December 13, 2018 |title=Charlotte Motor Speedway |url=https://www.espn.com/jayski/tracks/story/_/id/18670441/charlotte-motor-speedway |access-date=January 31, 2024 |website=ESPN |language=en |archive-date=January 31, 2024 |archive-url=https://web.archive.org/web/20240131161813/https://www.espn.com/jayski/tracks/story/_/id/18670441/charlotte-motor-speedway |url-status=live }} Within the main track's frontstretch, there is a {{Convert|1/4|mi|km}} oval that was built in 1991 and is primarily used for legends car racing.{{Cite news |last=Higgins |first=Tom |date=March 17, 1991 |title=Legends race set for Charlotte |url=https://www.newspapers.com/article/the-charlotte-observer-legends-race-set/140030081/ |archive-url=https://web.archive.org/web/20240201210925/https://www.newspapers.com/article/the-charlotte-observer-legends-race-set/140030081/ |archive-date=February 1, 2024 |access-date=February 1, 2024 |work=The Charlotte Observer |pages=11B |via=Newspapers.com |url-status=live }}

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.{{Cite news |date=May 15, 1970 |title=CMS officials plan road course in near future |url=https://www.newspapers.com/article/the-charlotte-observer-cms-officials-pla/139957488/ |url-status=live |archive-url=https://web.archive.org/web/20240131161813/https://www.newspapers.com/article/the-charlotte-observer-cms-officials-pla/139957488/ |archive-date=January 31, 2024 |access-date=January 31, 2024 |work=The Charlotte Observer |pages=17D |via=Newspapers.com}} The original road course's length has varied in reports, from as short as {{Convert|1.75|mi|km}} according to the Salisbury Post{{Cite news |date=May 16, 1971 |title=Two road races open '600' slate |url=https://www.newspapers.com/article/salisbury-evening-post-two-road-races-op/139960899/ |url-status=live |archive-url=https://web.archive.org/web/20240201011613/https://www.newspapers.com/article/salisbury-evening-post-two-road-races-op/139960899/ |archive-date=February 1, 2024 |access-date=January 31, 2024 |work=Salisbury Post |pages=5D |via=Newspapers.com}} to as long {{Convert|1.9|mi|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.{{Cite news |date=May 21, 1971 |title=New road course opening at CMS |url=https://www.newspapers.com/article/the-charlotte-observer-new-road-course-o/139961054/ |url-status=live |archive-url=https://web.archive.org/web/20240201013118/https://www.newspapers.com/article/the-charlotte-observer-new-road-course-o/139961054/ |archive-date=February 1, 2024 |access-date=January 31, 2024 |work=The Charlotte Observer |pages=4E |via=Newspapers.com}} By August 1974, the track was reconfigured to a length of {{Convert|2.25|mi|km}}.{{Cite news |last=Myers |first=Bob |date=August 17, 1974 |title=Stockers battle sports car set at the speedway |url=https://www.newspapers.com/article/the-charlotte-news-stockers-battle-sport/140288928/ |url-status=live |archive-url=https://web.archive.org/web/20240205051613/https://www.newspapers.com/article/the-charlotte-news-stockers-battle-sport/140288928/ |archive-date=February 5, 2024 |access-date=February 4, 2024 |work=The Charlotte News |pages=1C |via=Newspapers.com}} In 2018, the road course was modified to suit NASCAR racing, adding a backstretch chicane.{{Cite web |last=Kiser |first=Jesse |date=February 8, 2018 |title=Road Course+Speedway Oval=Roval: NASCAR's New Late-Season Road Course |url=https://www.thedrive.com/accelerator/18344/road-coursespeedway-ovalroval-nascars-new-late-season-road-course |access-date=February 4, 2024 |website=The Drive |language=en |archive-date=February 5, 2024 |archive-url=https://web.archive.org/web/20240205051610/https://www.thedrive.com/accelerator/18344/road-coursespeedway-ovalroval-nascars-new-late-season-road-course |url-status=live }} this was modified the following year In 2019, one of the speedway's chicanes, located on the backstretch, was modified.{{Cite web |last=Crandall |first=Kelly |date=June 23, 2019 |title=Charlotte announces 'Roval' changes |url=https://racer.com/2019/06/23/charlotte-announces-roval-changes/ |access-date=February 4, 2024 |website=Racer |language=en-US |archive-date=February 5, 2024 |archive-url=https://web.archive.org/web/20240205051610/https://racer.com/2019/06/23/charlotte-announces-roval-changes/ |url-status=live }} In 2020, developers constructed a purpose-built go-kart track in the track's infield.{{Cite news |last=Andrejev |first=Alex |date=January 28, 2020 |title=Track plans changes for 2020 season |url=https://www.newspapers.com/article/the-charlotte-observer-track-plans-chang/140028157/ |access-date=February 1, 2024 |work=The Charlotte Observer |pages=1B, [https://www.newspapers.com/article/the-charlotte-observer-track-plans-chang/140028174/ 2B] |via=Newspapers.com |archive-date=February 1, 2024 |archive-url=https://web.archive.org/web/20240201210923/https://www.newspapers.com/article/the-charlotte-observer-track-plans-chang/140028157/ |url-status=live }} Further modifications to two of the road course's chicanes were announced in 2024.{{Cite web |last=Reed |first=Steve |date=May 26, 2024 |title=Charlotte Motor Speedway changing its roval course for playoffs to create more passing opportunities |url=https://apnews.com/article/nascar-cocacola-600-855f0ccd87fb5fba5d94345949c3ea8b |access-date=May 26, 2024 |website=Associated Press |language=en}}

CMS is located in Concord, North Carolina, directly next to U.S. Route 29.{{Cite web |last=Whisenant |first=David |date=May 19, 2017 |title=Traffic to be heavy around Charlotte Motor Speedway for next ten days |url=https://www.wbtv.com/story/35472735/traffic-to-be-heavy-around-charlotte-motor-speedway-for-next-ten-days |access-date=February 3, 2024 |website=WBTV |language=en |archive-date=February 6, 2024 |archive-url=https://web.archive.org/web/20240206212345/https://www.wbtv.com/story/35472735/traffic-to-be-heavy-around-charlotte-motor-speedway-for-next-ten-days/ |url-status=live }}{{Cite web |last=Hagwood |first=Kayland |date=July 26, 2023 |title='It could've been me' {{!}} Charlotteans express concern about speeding drivers after deadly crash near Charlotte Motor Speedway |url=https://www.wcnc.com/article/news/local/charlotteans-express-concern-over-speeding-drivers-after-deadly-crash-near-charlotte-motor-speedway/275-712374ef-7c5e-4a16-9008-c4c8bb3b6494 |access-date=February 3, 2024 |website=WCNC-TV |language=en-US |archive-date=July 27, 2023 |archive-url=https://web.archive.org/web/20230727003331/https://www.wcnc.com/article/news/local/charlotteans-express-concern-over-speeding-drivers-after-deadly-crash-near-charlotte-motor-speedway/275-712374ef-7c5e-4a16-9008-c4c8bb3b6494 |url-status=live }} At the time of CMS's initial construction, the complex covered {{convert|551|acres}} and had a capacity of around 30,000.{{Cite news |last=Muhleman |first=Max |date=May 8, 1959 |title=Million-dollar race track to be built north of city |url=https://www.newspapers.com/article/the-charlotte-news-million-dollar-race-t/140095648/ |url-status=live |archive-url=https://web.archive.org/web/20240202163557/https://www.newspapers.com/article/the-charlotte-news-million-dollar-race-t/140095648/ |archive-date=February 2, 2024 |access-date=February 2, 2024 |work=The Charlotte Observer |pages=1A, [https://www.newspapers.com/article/the-charlotte-news-million-dollar-race-t/140095672/ 2A] |via=Newspapers.com}} 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.{{Cite news |last=McKee |first=Sandra |date=July 7, 1989 |title=Charlotte sets standard for motor speedways |url=https://www.newspapers.com/article/press-enterprise-charlotte-sets-standard/129490434/ |archive-url=https://web.archive.org/web/20230807235355/https://www.newspapers.com/article/press-enterprise-charlotte-sets-standard/129490434/ |archive-date=August 7, 2023 |access-date=August 5, 2023 |work=Press Enterprise |pages=23 |via=Newspapers.com |agency=The Washington Post |url-status=live }} However, since the 2000s, capacity has seen a decrease, with multiple grandstands being demolished in the 2010s; {{as of|2021|lc=y}}, the track is reported to have a capacity of 95,000.{{Cite web |last=Hauser |first=Jeff |date=May 14, 2021 |title=Charlotte Motor Speedway to reopen at full capacity for Coca-Cola 600 |url=https://wbt.com/49561/charlotte-motor-speedway-to-reopen-at-full-capacity-for-coca-cola-600/ |access-date=February 4, 2024 |website=WBT |language=en-US |archive-date=February 5, 2024 |archive-url=https://web.archive.org/web/20240205015818/https://wbt.com/49561/charlotte-motor-speedway-to-reopen-at-full-capacity-for-coca-cola-600/ |url-status=live }} The complex has also expanded to around {{convert|2,000|acres}} {{as of|2020|lc=y}}.{{Cite news |last=Andrejev |first=Alex |date=June 5, 2020 |title=All-Star race at Charlotte is in July on updated schedule |url=https://www.newspapers.com/article/the-charlotte-observer-all-star-race-at/140279037/ |archive-url=https://web.archive.org/web/20240205015838/https://www.newspapers.com/article/the-charlotte-observer-all-star-race-at/140279037/ |archive-date=February 5, 2024 |access-date=February 4, 2024 |work=The Charlotte Observer |pages=1B, [https://www.newspapers.com/article/the-charlotte-observer-all-star-race-at/140279059/ 2B] |via=Newspapers.com |url-status=live }}

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.{{Cite news |last=Fletman |first=Abbe |date=June 24, 1983 |title=Speedway to go condo |url=https://www.newspapers.com/article/the-charlotte-observer-speedway-to-go-co/129465657/ |url-status=live |archive-url=https://web.archive.org/web/20230807231147/https://www.newspapers.com/article/the-charlotte-observer-speedway-to-go-co/129465657/ |archive-date=August 7, 2023 |access-date=August 4, 2023 |work=The Charlotte Observer |pages=1C, [https://www.newspapers.com/article/the-charlotte-observer-speedway-to-go-co/129465664/ 5C] |via=Newspapers.com}} 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.{{Cite news |last=Fletman |first=Abbe |date=October 9, 1983 |title=Living room, bedrooms... and a view of the race |url=https://www.newspapers.com/article/the-charlotte-observer-living-room-bedr/129465729/ |url-status=live |archive-url=https://web.archive.org/web/20230807232324/https://www.newspapers.com/article/the-charlotte-observer-living-room-bedr/129465729/ |archive-date=August 7, 2023 |access-date=August 4, 2023 |work=The Charlotte Observer |pages=13B |via=Newspapers.com}}{{Cite news |last=Heffner |first=Earl |date=May 25, 1984 |title='Speedways' in ancient Rome |url=https://www.newspapers.com/article/the-charlotte-observer-speedways-in-an/140057755/ |url-status=live |archive-url=https://web.archive.org/web/20240202004716/https://www.newspapers.com/article/the-charlotte-observer-speedways-in-an/140057755/ |archive-date=February 2, 2024 |access-date=February 1, 2024 |work=The Charlotte Observer |pages=18A |via=Newspapers.com}} At the end of 1984, officials announced the construction of a mall underneath the condos.{{Cite news |date=November 26, 1984 |title=Charlotte Motor Speedway adding stores under condos |url=https://www.newspapers.com/article/the-charlotte-news-charlotte-motor-speed/140057780/ |access-date=February 1, 2024 |work=The Charlotte News |pages=9A |via=Newspapers.com |archive-date=February 2, 2024 |archive-url=https://web.archive.org/web/20240202010225/https://www.newspapers.com/article/the-charlotte-news-charlotte-motor-speed/140057780/ |url-status=live }} 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, ${{Inflation|index=USD|value=6500|start_year=1987|fmt=c}}).{{Cite news |last=Powell |first=Lew |date=August 25, 1987 |title=Puttin' on the Ritz high above the pits |url=https://www.newspapers.com/article/the-charlotte-observer-puttin-on-the-ri/129488108/ |url-status=live |archive-url=https://web.archive.org/web/20230808010922/https://www.newspapers.com/article/the-charlotte-observer-puttin-on-the-ri/129488108/ |archive-date=August 8, 2023 |access-date=August 5, 2023 |work=The Charlotte Observer |pages=10A, [https://www.newspapers.com/article/the-charlotte-observer-puttin-on-the-ri/129488126/ 11A] |via=Newspapers.com}}

The Charlotte Motor Speedway complex has two adjacent tracks and a drag strip near the main speedway. By July 1993, construction started on a {{Convert|1/5|mi|km}} clay short track that was made to conduct dirt legends car races.{{Cite news |last=Cain |first=Woody |date=July 25, 1993 |title=Legends racing: Same skills, cheaper thrills |url=https://www.newspapers.com/article/the-charlotte-observer-legends-racing-s/140140010/ |access-date=February 2, 2024 |work=The Charlotte Observer |pages=18 |via=Newspapers.com |archive-date=February 3, 2024 |archive-url=https://web.archive.org/web/20240203032634/https://www.newspapers.com/article/the-charlotte-observer-legends-racing-s/140140010/ |url-status=live }} On August 10, 1999, then-general manager Humpy Wheeler announced a new {{Convert|3/8|mi|km}} dirt track that was to be constructed across the main speedway.{{Cite news |last=Poole |first=David |date=August 11, 1999 |title=Wheeler kicks up dirt again |url=https://www.newspapers.com/article/the-charlotte-observer-wheeler-kicks-up/139991800/ |archive-url=https://web.archive.org/web/20240201011610/https://www.newspapers.com/article/the-charlotte-observer-wheeler-kicks-up/139991800/ |archive-date=February 1, 2024 |access-date=January 31, 2024 |work=The Charlotte Observer |pages=1B, [https://www.newspapers.com/article/the-charlotte-observer-wheeler-kicks-up/139991817/ 5B] |via=Newspapers.com |url-status=live }} By January 2000, the planned track had been extended to {{Convert|2/5|mi|km}}.{{Cite news |last1=Poole |first1=David |last2=Utter |first2=Jim |date=January 13, 2000 |title=Earnhardt not quite ready to put repaired back to test |url=https://www.newspapers.com/article/the-charlotte-observer-earnhardt-not-qui/139992047/ |archive-url=https://web.archive.org/web/20240201011614/https://www.newspapers.com/article/the-charlotte-observer-earnhardt-not-qui/139992047/ |archive-date=February 1, 2024 |access-date=January 31, 2024 |work=The Charlotte Observer |pages=3C |via=Newspapers.com |url-status=live }} The first races on this track, which featured a lighting system and a capacity of 15,000, were held on May 28, 2000.{{Cite news |last=Scott |first=David |date=May 29, 2000 |title=Lighting innovators shine at speedway |url=https://www.newspapers.com/article/the-charlotte-observer-lighting-innovato/139991850/ |archive-url=https://web.archive.org/web/20240201011611/https://www.newspapers.com/article/the-charlotte-observer-lighting-innovato/139991850/ |archive-date=February 1, 2024 |access-date=January 31, 2024 |work=The Charlotte Observer |pages=7D |via=Newspapers.com |url-status=live }}

In August 2007, owner of Speedway Motorsports, Bruton Smith, announced plans to build a drag strip on the complex.{{Cite news |last1=Bell |first1=Adam |last2=Poole |first2=David |date=August 31, 2007 |title=LMS considering adding drag strip |url=https://www.newspapers.com/article/the-charlotte-observer-lms-considering-a/127770910/ |url-status=live |archive-url=https://web.archive.org/web/20230708013332/https://www.newspapers.com/article/the-charlotte-observer-lms-considering-a/127770910/ |archive-date=July 8, 2023 |access-date=July 6, 2023 |work=The Charlotte Observer |pages=10C |via=Newspapers.com}} Although the plan initially faced heavy opposition from local politicians,{{Cite news |last=Durhams |first=Sharif |date=September 27, 2007 |title=Concord hitting brakes on drag strip plan? |url=https://www.newspapers.com/article/the-charlotte-observer-concord-hitting-b/127771360/ |url-status=live |archive-url=https://web.archive.org/web/20230708024903/https://www.newspapers.com/article/the-charlotte-observer-concord-hitting-b/127771360/ |archive-date=July 8, 2023 |access-date=July 6, 2023 |work=The Charlotte Observer |pages=1B, [https://www.newspapers.com/article/the-charlotte-observer-concord-hitting-b/127771381/ 6B] |via=Newspapers.com}} the drag strip was eventually built after Smith threatened to close down the speedway,{{Cite news |last1=Durhams |first1=Sharif |last2=Poole |first2=David |date=October 3, 2007 |title=Smith: My way or no speedway |url=https://www.newspapers.com/article/the-charlotte-observer-smith-my-way-or/127772299/ |url-status=live |archive-url=https://web.archive.org/web/20230708002052/https://www.newspapers.com/article/the-charlotte-observer-smith-my-way-or/127772299/ |archive-date=July 8, 2023 |access-date=July 7, 2023 |work=The Charlotte Observer |pages=1A, [https://www.newspapers.com/article/the-charlotte-observer-smith-my-way-or/127772317/ 16A] |via=Newspapers.com}} coercing the city to give him an incentive package of approximately $80 million by leveraging fears that a closure would cripple the Concord economy.{{Cite news |last=Durhams |first=Sharif |date=October 25, 2007 |title=Where the street has his name? |url=https://www.newspapers.com/article/the-charlotte-observer-where-the-street/127772926/ |url-status=live |archive-url=https://web.archive.org/web/20230708030954/https://www.newspapers.com/article/the-charlotte-observer-where-the-street/127772926/ |archive-date=July 8, 2023 |access-date=July 7, 2023 |work=The Charlotte Observer |pages=1A, [https://www.newspapers.com/article/the-charlotte-observer-where-the-street/127772932/ 14A] |via=Newspapers.com}}{{Cite news |last1=George |first1=Jefferson |last2=Bell |first2=Adam |date=November 27, 2007 |title='We're here forever.' |url=https://www.newspapers.com/article/the-charlotte-observer-were-here-forev/127773487/ |url-status=live |archive-url=https://web.archive.org/web/20230708030407/https://www.newspapers.com/article/the-charlotte-observer-were-here-forev/127773487/ |archive-date=July 8, 2023 |access-date=July 7, 2023 |work=The Charlotte Observer |pages=1A, [https://www.newspapers.com/article/the-charlotte-observer-were-here-forev/127773495/ 9A] |via=Newspapers.com}} The drag strip, which cost $60 million to build,{{Cite news |last=Poole |first=David |date=January 25, 2008 |title=New drag strip to provide region vroom to grow |url=https://www.newspapers.com/article/the-charlotte-observer-new-drag-strip-to/139994180/ |archive-url=https://web.archive.org/web/20240201013120/https://www.newspapers.com/article/the-charlotte-observer-new-drag-strip-to/139994180/ |archive-date=February 1, 2024 |access-date=January 31, 2024 |work=The Charlotte Observer |pages=1C, [https://www.newspapers.com/article/the-charlotte-observer-new-drag-strip-to/139994208/ 8C] |via=Newspapers.com |url-status=live }} held its first races in September 2008.{{Cite news |last=George |first=Jefferson |date=September 11, 2008 |title=Revving economic engine |url=https://www.newspapers.com/article/the-charlotte-observer-revving-economic/139994317/ |access-date=January 31, 2024 |work=The Charlotte Observer |pages=1D, [https://www.newspapers.com/article/the-charlotte-observer-revving-economic/139994335/ 2D] |via=Newspapers.com |archive-date=February 1, 2024 |archive-url=https://web.archive.org/web/20240201011612/https://www.newspapers.com/article/the-charlotte-observer-revving-economic/139994317/ |url-status=live }}

{{See also|Bruton Smith|Curtis Turner}}

File:Bruton Smith Texas 2005.jpg (pictured in 2005) partnered with driver Curtis Turner to build the Charlotte Motor Speedway.]]

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.{{Cite news |last1=Poole |first1=David |last2=St. Onge |first2=Peter |date=May 24, 2009 |title=A wild ride for everybody |url=https://www.newspapers.com/article/the-charlotte-observer-a-wild-ride-for-e/139991546/ |url-status=live |archive-url=https://web.archive.org/web/20240201210929/https://www.newspapers.com/article/the-charlotte-observer-a-wild-ride-for-e/139991546/ |archive-date=February 1, 2024 |access-date=July 17, 2023 |work=The Charlotte Observer |pages=13C, [https://www.newspapers.com/article/the-charlotte-observer-a-wild-ride-for-e/139991554/ 14C], [https://www.newspapers.com/article/the-charlotte-observer-a-wild-ride-for-e/139991570/ 15C] |via=Newspapers.com}} 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.{{Cite news |last=Mildenburg |first=David |date=October 1, 1995 |title=Risk at every turn |url=https://www.newspapers.com/article/the-charlotte-observer-risk-at-every-tur/127621623/ |url-status=live |archive-url=https://web.archive.org/web/20230716170624/https://www.newspapers.com/article/the-charlotte-observer-risk-at-every-tur/127621623/ |archive-date=July 16, 2023 |access-date=July 4, 2023 |work=The Charlotte Observer |pages=1A, [https://www.newspapers.com/article/the-charlotte-observer-risk-at-every-tur/127621646/ 14A],[https://www.newspapers.com/article/the-charlotte-observer-risk-at-every-tur/127621685/ 15A] |via=Newspapers.com}} At the same time, driver and timber businessman Curtis Turner was also working with a group of investors to build a racetrack. 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. 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. 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.{{Cite news |last=Harding |first=Larry |date=June 5, 1959 |title=Speedway elects Bruton Smith VP |url=https://www.newspapers.com/article/the-charlotte-observer-speedway-elects-b/140311652/ |url-status=live |archive-url=https://web.archive.org/web/20240205174239/https://www.newspapers.com/article/the-charlotte-observer-speedway-elects-b/140311652/ |archive-date=February 5, 2024 |access-date=February 5, 2024 |work=The Charlotte Observer |pages=11B |via=Newspapers.com}} Additional stocks were made available in December 1959 and April 1960 to continue funding the speedway's construction.{{Cite news |date=December 1, 1959 |title=Charlotte Speedway to issue more stock |url=https://www.newspapers.com/article/the-charlotte-news-charlotte-speedway-to/140311688/ |url-status=live |archive-url=https://web.archive.org/web/20240205174238/https://www.newspapers.com/article/the-charlotte-news-charlotte-speedway-to/140311688/ |archive-date=February 5, 2024 |access-date=February 5, 2024 |work=The Charlotte News |pages=5A |via=Newspapers.com}}{{Cite news |last=Muhleman |first=Max |date=April 14, 1960 |title=The 600 sandwich |url=https://www.newspapers.com/article/the-charlotte-news-the-600-sandwich/140218063/ |url-status=live |archive-url=https://web.archive.org/web/20240205174240/https://www.newspapers.com/article/the-charlotte-news-the-600-sandwich/140218063/ |archive-date=February 5, 2024 |access-date=February 5, 2024 |work=The Charlotte News |pages=14A |via=Newspapers.com}}

Groundbreaking on the facility began on July 28, 1959, two months later than planned due to legal issues surrounding the land purchase.{{Cite news |last=Muhleman |first=Max |date=July 28, 1959 |title=Turner's track in gear now with ground-breaking |url=https://www.newspapers.com/article/the-charlotte-news-turners-track-in-gea/140031139/ |url-status=live |archive-url=https://web.archive.org/web/20240201210926/https://www.newspapers.com/article/the-charlotte-news-turners-track-in-gea/140031139/ |archive-date=February 1, 2024 |access-date=July 16, 2023 |work=The Charlotte News |pages=2B |via=Newspapers.com}} Construction faced immediate challenges. 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,{{Cite news |last=Crissman |first=Bob |date=January 24, 1960 |title=Track an earth-moving project |url=https://www.newspapers.com/article/the-charlotte-observer-track-an-earth-mo/140217763/ |url-status=live |archive-url=https://web.archive.org/web/20240204061754/https://www.newspapers.com/article/the-charlotte-observer-track-an-earth-mo/140217763/ |archive-date=February 4, 2024 |access-date=February 3, 2024 |work=The Charlotte Observer |pages=3D |via=Newspapers.com}} and in March 1960, three snowstorms compounded the setbacks. Despite the delays, the track's publicity director insisted construction was "still ahead of schedule."{{Cite news |last=Crissman |first=Bob |date=March 18, 1960 |title=Driving Flocks plan 25,000 mile marathon |url=https://www.newspapers.com/article/the-charlotte-observer-driving-flocks-pl/140036896/ |url-status=live |archive-url=https://web.archive.org/web/20240201210922/https://www.newspapers.com/article/the-charlotte-observer-driving-flocks-pl/140036896/ |archive-date=February 1, 2024 |access-date=February 1, 2024 |work=The Charlotte Observer |pages=12B |via=Newspapers.com}} By late March, developers considered scrapping plans for grandstands to save time.{{Cite news |last=Muhleman |first=Max |date=March 26, 1960 |title=Battle of the bog |url=https://www.newspapers.com/article/the-charlotte-news-battle-of-the-bog/140059755/ |url-status=live |archive-url=https://web.archive.org/web/20240202004719/https://www.newspapers.com/article/the-charlotte-news-battle-of-the-bog/140059755/ |archive-date=February 2, 2024 |access-date=February 1, 2024 |work=The Charlotte Observer |pages=3A |via=Newspapers.com}} The complications forced the track’s first major race, the NASCAR-sanctioned 1960 World 600, to be postponed from May 29 to June 19.{{Cite news |last=Cunningham |first=George |date=May 19, 1960 |title=Weather blamed for delay of 'World 600' to June 19 |url=https://www.newspapers.com/article/the-charlotte-observer-weather-blamed-fo/140059986/ |url-status=live |archive-url=https://web.archive.org/web/20240202004718/https://www.newspapers.com/article/the-charlotte-observer-weather-blamed-fo/140059986/ |archive-date=February 2, 2024 |access-date=February 1, 2024 |work=The Charlotte Observer |pages=1D |via=Newspapers.com}} 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." Smith blamed Turner for many of the delays, claiming Turner often hired workers while intoxicated, requiring Smith to dismiss them. Despite these obstacles, the project secured additional funding, including a $300,000 (about ${{Inflation|index=US|value=300,000|start_year=1960|r=0|fmt=C|cursign=$}} 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."{{Cite news |last=Neill |first=Rolfe |date=June 12, 1960 |title=Sugar Daddy |url=https://www.newspapers.com/article/the-charlotte-observer-sugar-daddy/140093158/ |url-status=live |archive-url=https://web.archive.org/web/20240203031125/https://www.newspapers.com/article/the-charlotte-observer-sugar-daddy/140093158/ |archive-date=February 3, 2024 |access-date=February 2, 2024 |work=The Charlotte Observer |pages=2D |via=Newspapers.com}}

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.{{Cite news |last=Muhleman |first=Max |date=June 10, 1960 |title=Speedway checks bad, angry contractor says |url=https://www.newspapers.com/article/the-charlotte-news-speedway-checks-bad/140038457/ |url-status=live |archive-url=https://web.archive.org/web/20240201210924/https://www.newspapers.com/article/the-charlotte-news-speedway-checks-bad/140038457/ |archive-date=February 1, 2024 |access-date=February 1, 2024 |work=The Charlotte News |pages=1B, [https://www.newspapers.com/article/the-charlotte-news-speedway-checks-bad/140038609/ 5B] |via=Newspapers.com}} 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.{{Cite news |last=Munn |first=Porter |date=June 10, 1960 |title=Speedway, contractor fuss |url=https://www.newspapers.com/article/the-charlotte-observer-speedway-contrac/140038517/ |url-status=live |archive-url=https://web.archive.org/web/20240201210930/https://www.newspapers.com/article/the-charlotte-observer-speedway-contrac/140038517/ |archive-date=February 1, 2024 |access-date=February 1, 2024 |work=The Charlotte Observer |pages=1B |via=Newspapers.com}} Smith, however, stated that only Turner showed up with a shotgun, "[act] like he was somebody" before a guard confiscated the weapon. Construction eventually resumed and was barely completed in time for the start of activities for the 1960 World 600.{{Cite news |last=Cunningham |first=George |date=June 15, 1960 |title=Are stock drivers honest? |url=https://www.newspapers.com/article/the-charlotte-observer-are-stock-drivers/128307341/ |url-status=live |archive-url=https://web.archive.org/web/20230716170541/https://www.newspapers.com/article/the-charlotte-observer-are-stock-drivers/128307341/ |archive-date=July 16, 2023 |access-date=July 16, 2023 |work=The Charlotte Observer |pages=8C |via=Newspapers.com}}{{Cite news |last=Muhleman |first=Max |date=June 20, 1960 |title=The show won't be forgotten |url=https://www.newspapers.com/article/the-charlotte-news-the-show-wont-be-for/135093052/ |url-status=live |archive-url=https://web.archive.org/web/20231112233412/https://www.newspapers.com/article/the-charlotte-news-the-show-wont-be-for/135093052/ |archive-date=November 12, 2023 |access-date=November 12, 2023 |work=The Charlotte News |pages=2B |via=Newspapers.com}} Smith later called it a "miracle" that CMS was finished, admitting to losing $150,000 during its construction.{{Cite news |last=Kennedy |first=John W. |date=October 7, 1979 |title=Concord's Smith helped build Charlotte Speedway |url=https://www.newspapers.com/article/rocky-mount-telegram-concords-smith-hel/127582217/ |url-status=live |archive-url=https://web.archive.org/web/20230704212147/https://www.newspapers.com/article/rocky-mount-telegram-concords-smith-hel/127582217/ |archive-date=July 4, 2023 |access-date=July 4, 2023 |work=Rocky Mount Telegram |pages=39 |via=Newspapers.com}} According to McIlvaine, the project cost approximately two million dollars (about ${{Inflation|index=USD|value=2,000,000|start_year=1960|r=0|fmt=c}} today) with $74,000 (about ${{Inflation|index=USD|value=74,000|start_year=1960|r=0|fmt=c}} today){{Cite news |last=Cunningham |first=George |date=July 17, 1960 |title=Speedway's management to change |url=https://www.newspapers.com/article/the-charlotte-observer-speedways-manage/140061424/ |url-status=live |archive-url=https://web.archive.org/web/20240202010226/https://www.newspapers.com/article/the-charlotte-observer-speedways-manage/140061424/ |archive-date=February 2, 2024 |access-date=February 1, 2024 |work=The Charlotte Observer |pages=1D |via=Newspapers.com}} in debts owed to Flowe at the time of its completion.{{Cite news |last=Neill |first=Rolfe |date=June 11, 1960 |title=Speedway spokesman says current debts will be paid |url=https://www.newspapers.com/article/the-charlotte-observer-speedway-spokesma/140259093/ |url-status=live |archive-url=https://web.archive.org/web/20240204215005/https://www.newspapers.com/article/the-charlotte-observer-speedway-spokesma/140259093/ |archive-date=February 4, 2024 |access-date=February 4, 2024 |work=The Charlotte Observer |pages=1B |via=Newspapers.com}}

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 {{Convert|130|mph|abbr=on}}.{{Cite news |last=Talbert |first=Bob |date=June 15, 1960 |title='600' officials take issue |url=https://www.newspapers.com/article/the-state-600-officials-take-issue/127827366/ |url-status=live |archive-url=https://web.archive.org/web/20230708083330/https://www.newspapers.com/article/the-state-600-officials-take-issue/127827366/ |archive-date=July 8, 2023 |access-date=July 7, 2023 |work=The State |pages=4B |via=Newspapers.com}} 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."{{Cite news |last=Cunningham |first=George |date=June 16, 1960 |title=130-plus speeds rip holes in '600' track |url=https://www.newspapers.com/article/the-charlotte-observer-130-plus-speeds-r/140093507/ |url-status=live |archive-url=https://web.archive.org/web/20240202163556/https://www.newspapers.com/article/the-charlotte-observer-130-plus-speeds-r/140093507/ |archive-date=February 2, 2024 |access-date=February 2, 2024 |work=The Charlotte Observer |pages=7C |via=Newspapers.com}} Despite this, some, including driver Glenn "Fireball" Roberts, hoped the surface would improve at higher speeds.{{Cite news |last=Muhleman |first=Max |date=June 16, 1960 |title=Speedway – big test, big problem |url=https://www.newspapers.com/article/the-charlotte-news-speedway-big-test/140093984/ |url-status=live |archive-url=https://web.archive.org/web/20240202163555/https://www.newspapers.com/article/the-charlotte-news-speedway-big-test/140093984/ |archive-date=February 2, 2024 |access-date=February 2, 2024 |work=The Charlotte News |pages=4B |via=Newspapers.com}} Track officials ordered a hasty repaving, which mostly held up by the following day.{{Cite news |last=Cunningham |first=George |date=June 17, 1960 |title=Roberts (Who else?) wins pole position |url=https://www.newspapers.com/article/the-charlotte-observer-roberts-who-else/140094485/ |url-status=live |archive-url=https://web.archive.org/web/20240202163559/https://www.newspapers.com/article/the-charlotte-observer-roberts-who-else/140094485/ |archive-date=February 2, 2024 |access-date=February 2, 2024 |work=The Charlotte Observer |pages=1D, [https://www.newspapers.com/article/the-charlotte-observer-roberts-who-else/140094530/ 5D] |via=Newspapers.com}} However, financial troubles followed on June 18, when officials were sued for $10,000 (about ${{Inflation|index=USD|value=10,000|start_year=1960|fmt=c}} today) by Roy E. Thomas, who claimed breach of contract after being fired from his role selling advertising space for souvenir programs.{{Cite news |last=Clark |first=Ken |date=June 18, 1960 |title=Speedway sued; race still on |url=https://www.newspapers.com/article/the-charlotte-observer-speedway-sued-ra/140101115/ |url-status=live |archive-url=https://web.archive.org/web/20240203032629/https://www.newspapers.com/article/the-charlotte-observer-speedway-sued-ra/140101115/ |archive-date=February 3, 2024 |access-date=February 2, 2024 |work=The Charlotte Observer |pages=1A |via=Newspapers.com}} On race day, promoter Bruton Smith prayed the race would surpass halfway, fearing he'd have to issue refunds otherwise.{{Cite news |last1=Poole |first1=David |last2=St. Onge |first2=Peter |date=May 24, 2009 |title=A wild ride for everybody |url=https://www.newspapers.com/article/the-charlotte-observer-a-wild-ride-for-e/139991546/ |url-status=live |archive-url=https://web.archive.org/web/20240201210929/https://www.newspapers.com/article/the-charlotte-observer-a-wild-ride-for-e/139991546/ |archive-date=February 1, 2024 |access-date=July 17, 2023 |work=The Charlotte Observer |pages=13C, [https://www.newspapers.com/article/the-charlotte-observer-a-wild-ride-for-e/139991554/ 14C], [https://www.newspapers.com/article/the-charlotte-observer-a-wild-ride-for-e/139991570/ 15C] |via=Newspapers.com}} 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.{{Cite news |last=Helms |first=Herman |date=June 20, 1960 |title='Demolition derby' takes heavy toll on big field |url=https://www.newspapers.com/article/the-charlotte-observer-demolition-derby/140147785/ |url-status=live |archive-url=https://web.archive.org/web/20240203163915/https://www.newspapers.com/article/the-charlotte-observer-demolition-derby/140147785/ |archive-date=February 3, 2024 |access-date=February 2, 2024 |work=The Charlotte Observer |pages=4B |via=Newspapers.com}} 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.".{{Cite news |last=Muhleman |first=Max |date=July 19, 1960 |title=Repair job begins |url=https://www.newspapers.com/article/the-charlotte-news-repair-job-begins/140147537/ |url-status=live |archive-url=https://web.archive.org/web/20240203163916/https://www.newspapers.com/article/the-charlotte-news-repair-job-begins/140147537/ |archive-date=February 3, 2024 |access-date=February 2, 2024 |work=The Charlotte News |pages=4B |via=Newspapers.com}}

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. Both Smith and Turner quickly denied the rumors, with Turner threatening legal action.{{Cite news |last=Muhleman |first=Max |date=July 18, 1960 |title=Turner, Smith call rumor 'wishful thinking' |url=https://www.newspapers.com/article/the-charlotte-news-turner-smith-call-ru/140061256/ |url-status=live |archive-url=https://web.archive.org/web/20240202010224/https://www.newspapers.com/article/the-charlotte-news-turner-smith-call-ru/140061256/ |archive-date=February 2, 2024 |access-date=February 1, 2024 |work=The Charlotte News |pages=3B |via=Newspapers.com}} 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 ${{Inflation|index=USD|value=90,000|start_year=1960|r=0|fmt=c}} today) to the Connecticut General Life Insurance Co., $40,200 (about ${{Inflation|index=USD|value=40,200|start_year=1960|r=0|fmt=c}} today) to the Internal Revenue Service, $65,000 (about ${{Inflation|index=USD|value=65,000|start_year=1960|r=0|fmt=c}} today) to Propst and his construction company, and $204,000 (about ${{Inflation|index=USD|value=204,000|start_year=1960|r=0|fmt=c}} today) to McDevitt Street and Co.{{Cite news |last=Munn |first=Porter |date=July 1, 1960 |title=Turner, others are facing claim |url=https://www.newspapers.com/article/the-charlotte-observer-turner-others-ar/140147353/ |url-status=live |archive-url=https://web.archive.org/web/20240205174236/https://www.newspapers.com/article/the-charlotte-observer-turner-others-ar/140147353/ |archive-date=February 5, 2024 |access-date=February 5, 2024 |work=The Charlotte Observer |pages=10A |via=Newspapers.com}}{{Cite news |last=Claiborne |first=Jack |date=August 19, 1960 |title=Speedway president disputes tax claim |url=https://www.newspapers.com/article/the-charlotte-observer-speedway-presiden/140311353/ |url-status=live |archive-url=https://web.archive.org/web/20240205174242/https://www.newspapers.com/article/the-charlotte-observer-speedway-presiden/140311353/ |archive-date=February 5, 2024 |access-date=February 5, 2024 |work=The Charlotte Observer |pages=13A |via=Newspapers.com}} The facility had also defaulted on its initial mortgage.{{Cite news |last=Neill |first=Rolfe |date=September 8, 1960 |title=Speedway fee disputed by Turner, Smith |url=https://www.newspapers.com/article/the-charlotte-observer-speedway-fee-disp/140311369/ |url-status=live |archive-url=https://web.archive.org/web/20240205174243/https://www.newspapers.com/article/the-charlotte-observer-speedway-fee-disp/140311369/ |archive-date=February 5, 2024 |access-date=February 5, 2024 |work=The Charlotte Observer |pages=4A |via=Newspapers.com}} By early August, only Propst had been paid, though additional track repaving was scheduled to address ongoing surface issues.{{Cite news |date=August 5, 1960 |title=Speedway, contractor now settled; repaving begins |url=https://www.newspapers.com/article/the-charlotte-news-speedway-contractor/140313918/ |url-status=live |archive-url=https://web.archive.org/web/20240205174241/https://www.newspapers.com/article/the-charlotte-news-speedway-contractor/140313918/ |archive-date=February 5, 2024 |access-date=February 5, 2024 |work=The Charlotte News |pages=9A |via=Newspapers.com}} By November 22, reports indicated that CMS had accumulated approximately $1 million (about ${{Inflation|index=USD|value=1,000,000|start_year=1960|r=0|fmt=c}} today) in debt.{{Cite news |last=Neill |first=Rolfe |date=November 22, 1960 |title=Speedway planning new issue |url=https://www.newspapers.com/article/the-charlotte-observer-speedway-planning/140313579/ |url-status=live |archive-url=https://web.archive.org/web/20240205174237/https://www.newspapers.com/article/the-charlotte-observer-speedway-planning/140313579/ |archive-date=February 5, 2024 |access-date=February 5, 2024 |work=The Charlotte Observer |pages=17A |via=Newspapers.com}} In January 1961, two more lawsuits were filed by excavating companies.{{Cite news |date=January 22, 1961 |title=2 suits filed against Motor Speedway here |url=https://www.newspapers.com/article/the-charlotte-observer-2-suits-filed-aga/140327329/ |url-status=live |archive-url=https://web.archive.org/web/20240205205752/https://www.newspapers.com/article/the-charlotte-observer-2-suits-filed-aga/140327329/ |archive-date=February 5, 2024 |access-date=February 5, 2024 |work=The Charlotte Observer |pages=16A |via=Newspapers.com}}

On March 1, 1961, Flowe filed a civil lawsuit against the track, alleging breach of contract and seeking $138,155.28 (about ${{Inflation|index=USD|value=138,155.28|start_year=1961|r=0|fmt=c}} today) in reparations for construction costs.{{Cite news |date=March 1, 1961 |title=$138,155 suit filed in Cabarrus court against speedway |url=https://www.newspapers.com/article/the-charlotte-observer-138155-suit-fil/140328305/ |url-status=live |archive-url=https://web.archive.org/web/20240205205753/https://www.newspapers.com/article/the-charlotte-observer-138155-suit-fil/140328305/ |archive-date=February 5, 2024 |access-date=February 5, 2024 |work=The Charlotte Observer |pages=7B |via=Newspapers.com}} 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.{{Cite news |last=Murleman |first=Max |date=June 9, 1961 |title=Foreclosure threat led to quittings |url=https://www.newspapers.com/article/the-charlotte-news-foreclosure-threat-le/127830133/ |url-status=live |archive-url=https://web.archive.org/web/20230708080720/https://www.newspapers.com/article/the-charlotte-news-foreclosure-threat-le/127830133/ |archive-date=July 8, 2023 |access-date=July 7, 2023 |work=The Charlotte News |pages=2B |via=Newspapers.com}} 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.{{Cite news |last=Muhleman |first=Max |date=June 15, 1961 |title=Ellington: 'This is no time to comment' |url=https://www.newspapers.com/article/the-charlotte-news-ellington-this-is-n/140329279/ |url-status=live |archive-url=https://web.archive.org/web/20240205205758/https://www.newspapers.com/article/the-charlotte-news-ellington-this-is-n/140329279/ |archive-date=February 5, 2024 |access-date=February 5, 2024 |work=The Charlotte News |pages=1B, [https://www.newspapers.com/article/the-charlotte-news-ellington-this-is-n/140329337/ 4B] |via=Newspapers.com}} 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.{{Cite news |last=Cunningham |first=George |date=July 13, 1961 |title=CMS, betting at races sought by Turner? |url=https://www.newspapers.com/article/the-charlotte-observer-cms-betting-at-r/140330502/ |url-status=live |archive-url=https://web.archive.org/web/20240206055600/https://www.newspapers.com/article/the-charlotte-observer-cms-betting-at-r/140330502/ |archive-date=February 6, 2024 |access-date=February 5, 2024 |work=The Charlotte Observer |pages=8B, [https://www.newspapers.com/article/the-charlotte-observer-cms-betting-at-r/140330553/ 9B] |via=Newspapers.com}} 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.{{Cite news |last=Cunningham |first=George |date=August 31, 1961 |title=CMS life hinges on '400'; World 600 grossed $398,042 |url=https://www.newspapers.com/article/the-charlotte-observer-cms-life-hinges-o/140330715/ |url-status=live |archive-url=https://web.archive.org/web/20240206055553/https://www.newspapers.com/article/the-charlotte-observer-cms-life-hinges-o/140330715/ |archive-date=February 6, 2024 |access-date=February 5, 2024 |work=The Charlotte Observer |pages=5B |via=Newspapers.com}} By early October, the facility still faced $500,000 in debt, and foreclosure proceedings began, with plans to auction the track on October 30.{{Cite news |last=Cunningham |first=George |date=October 2, 1961 |title=Creditors crack down on track |url=https://www.newspapers.com/article/the-charlotte-observer-creditors-crack-d/140350104/ |url-status=live |archive-url=https://web.archive.org/web/20240206055556/https://www.newspapers.com/article/the-charlotte-observer-creditors-crack-d/140350104/ |archive-date=February 6, 2024 |access-date=February 5, 2024 |work=The Charlotte Observer |pages=1B |via=Newspapers.com}} 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.{{Cite news |last=Shinn |first=Jerry |date=October 28, 1961 |title=No 'miracle' yet for speedway |url=https://www.newspapers.com/article/the-charlotte-observer-no-miracle-yet/140362919/ |url-status=live |archive-url=https://web.archive.org/web/20240206055555/https://www.newspapers.com/article/the-charlotte-observer-no-miracle-yet/140362919/ |archive-date=February 6, 2024 |access-date=February 5, 2024 |work=The Charlotte Observer |pages=1B, [https://www.newspapers.com/article/the-charlotte-observer-no-miracle-yet/140362939/ 4B] |via=Newspapers.com}}{{Cite news |last=Hughes |first=Bill |date=October 4, 1961 |title=Bruton Smith offers proposal to save track |url=https://www.newspapers.com/article/the-charlotte-news-bruton-smith-offers-p/127829995/ |url-status=live |archive-url=https://web.archive.org/web/20240206055559/https://www.newspapers.com/article/the-charlotte-news-bruton-smith-offers-p/127829995/ |archive-date=February 6, 2024 |access-date=February 5, 2024 |work=The Charlotte News |pages=1C |via=Newspapers.com}} After the auction was delayed,{{Cite news |last=McElheny |first=Victor K. |date=October 29, 1961 |title=Raceway auction delayed |url=https://www.newspapers.com/article/the-charlotte-observer-raceway-auction-d/140363901/ |url-status=live |archive-url=https://web.archive.org/web/20240206055559/https://www.newspapers.com/article/the-charlotte-observer-raceway-auction-d/140363901/ |archive-date=February 6, 2024 |access-date=February 5, 2024 |work=The Charlotte Observer |pages=1C |via=Newspapers.com}} 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.{{Cite news |last=Hughes |first=Bill |date=November 3, 1961 |title=Judge puts off speedway sale |url=https://www.newspapers.com/article/the-charlotte-news-judge-puts-off-speedw/140350637/ |url-status=live |archive-url=https://web.archive.org/web/20240206055557/https://www.newspapers.com/article/the-charlotte-news-judge-puts-off-speedw/140350637/ |archive-date=February 6, 2024 |access-date=February 5, 2024 |work=The Charlotte News |pages=1A, [https://www.newspapers.com/article/the-charlotte-news-judge-puts-off-speedw/140350676/ 6A] |via=Newspapers.com}}{{Cite news |last=Martin |first=Gerald |date=February 2, 1976 |title=Track's new owner has costly dream |url=https://www.newspapers.com/article/the-news-and-observer-tracks-new-owner/127746971/ |url-status=live |archive-url=https://web.archive.org/web/20230708083333/https://www.newspapers.com/article/the-news-and-observer-tracks-new-owner/127746971/ |archive-date=July 8, 2023 |access-date=July 7, 2023 |work=The News & Observer |pages=18 |via=Newspapers.com}}

File:J. Braxton Craven (cropped).jpg (pictured above) oversaw CMS' financial restructuring.|alt=refer to caption]]

After Craven's ruling, he appointed Robert Nelson Robinson, a local Charlotte lawyer, to manage the track.{{Cite news |last=Munn |first=Porter |date=November 4, 1961 |title=Speedway trustee is named |url=https://www.newspapers.com/article/the-charlotte-observer-speedway-trustee/140363419/ |url-status=live |archive-url=https://web.archive.org/web/20240206055551/https://www.newspapers.com/article/the-charlotte-observer-speedway-trustee/140363419/ |archive-date=February 6, 2024 |access-date=February 5, 2024 |work=The Charlotte Observer |pages=1B, [https://www.newspapers.com/article/the-charlotte-observer-speedway-trustee/140363433/ 12B] |via=Newspapers.com}} Several loan offers were made to help resolve the facility's financial troubles, including separate proposals from businessmen Roger D. Edwards and Dwight Cross.{{Cite news |last=Hughes |first=Bill |date=November 15, 1961 |title=NC financier offers to save speedway |url=https://www.newspapers.com/article/the-charlotte-news-nc-financier-offers-t/140363066/ |url-status=live |archive-url=https://web.archive.org/web/20240206070857/https://www.newspapers.com/article/the-charlotte-news-nc-financier-offers-t/140363066/ |archive-date=February 6, 2024 |access-date=February 5, 2024 |work=The Charlotte News |pages=1A}}{{Cite news |last=Hughes |first=Bill |date=December 8, 1961 |title=$650,000 offered to ailing raceway |url=https://www.newspapers.com/article/the-charlotte-news-650000-offered-to-a/140365561/ |url-status=live |archive-url=https://web.archive.org/web/20240206070900/https://www.newspapers.com/article/the-charlotte-news-650000-offered-to-a/140365561/ |archive-date=February 6, 2024 |access-date=February 5, 2024 |work=The Charlotte News |pages=1A, [https://www.newspapers.com/article/the-charlotte-news-650000-offered-to-a/140365575/ 5A]}} 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 ${{Inflation|index=USD|value=900,000|start_year=1961|r=0|fmt=c}} today) payment to various creditors.{{Cite news |last=Hughes |first=Bill |date=December 9, 1961 |title=Speedway gets stay, race okay |url=https://www.newspapers.com/article/the-charlotte-news-speedway-gets-stay-r/140365407/ |url-status=live |archive-url=https://web.archive.org/web/20240206070901/https://www.newspapers.com/article/the-charlotte-news-speedway-gets-stay-r/140365407/ |archive-date=February 6, 2024 |access-date=February 5, 2024 |work=The Charlotte News |pages=1A, [https://www.newspapers.com/article/the-charlotte-news-speedway-gets-stay-r/140365432/ 6A]}} 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.{{Cite news |last=Hughes |first=Bill |date=January 4, 1962 |title=U.S. judge tells speedway to act or quit business |url=https://www.newspapers.com/article/the-charlotte-news-us-judge-tells-spee/140366040/ |url-status=live |archive-url=https://web.archive.org/web/20240206070858/https://www.newspapers.com/article/the-charlotte-news-us-judge-tells-spee/140366040/ |archive-date=February 6, 2024 |access-date=February 5, 2024 |work=The Charlotte News |pages=1B |via=Newspapers.com}} 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.{{Cite news |last=Hughes |first=Bill |date=January 24, 1962 |title=Race track stockholders asked for 'faith' money |url=https://www.newspapers.com/article/the-charlotte-news-race-track-stockholde/140366429/ |url-status=live |archive-url=https://web.archive.org/web/20240206164730/https://www.newspapers.com/article/the-charlotte-news-race-track-stockholde/140366429/ |archive-date=February 6, 2024 |access-date=February 6, 2024 |work=The Charlotte News |pages=8A}} Following a successful stockholder meeting on February 18, a final effort to raise an additional $50,000 took place six days later.{{Cite news |date=February 19, 1962 |title=Track needs $50,000 more |url=https://www.newspapers.com/article/the-charlotte-news-track-needs-50000-m/140376118/ |url-status=live |archive-url=https://web.archive.org/web/20240206164732/https://www.newspapers.com/article/the-charlotte-news-track-needs-50000-m/140376118/ |archive-date=February 6, 2024 |access-date=February 6, 2024 |work=The Charlotte News |pages=6A}}{{Cite news |last=Hughes |first=Bill |date=February 23, 1962 |title=Track sets do-or-die stockholders' meeting |url=https://www.newspapers.com/article/the-charlotte-news-track-sets-do-or-die/140366537/ |url-status=live |archive-url=https://web.archive.org/web/20240206164842/https://www.newspapers.com/article/the-charlotte-news-track-sets-do-or-die/140366537/ |archive-date=February 6, 2024 |access-date=February 7, 2024 |work=The Charlotte News |pages=8B}} The committee succeeded in meeting the $300,000 goal, but a loan offer from Cross to cover the remaining debts was rejected.{{Cite news |last=Munn |first=Porter |date=February 25, 1962 |title=Speedway goal of $300,000 is met in time |url=https://www.newspapers.com/article/the-charlotte-observer-speedway-goal-of/140366489/ |url-status=live |archive-url=https://web.archive.org/web/20240206164725/https://www.newspapers.com/article/the-charlotte-observer-speedway-goal-of/140366489/ |archive-date=February 6, 2024 |access-date=February 6, 2024 |work=The Charlotte Observer |pages=1B, [https://www.newspapers.com/article/the-charlotte-observer-speedway-goal-of/140366494/ 6B] |via=Newspapers.com}}{{Cite news |last=Cunningham |first=George |date=March 21, 1962 |title=Cross' loan not acceptable |url=https://www.newspapers.com/article/the-charlotte-observer-cross-loan-not-a/140377687/ |url-status=live |archive-url=https://web.archive.org/web/20240206164727/https://www.newspapers.com/article/the-charlotte-observer-cross-loan-not-a/140377687/ |archive-date=February 6, 2024 |access-date=February 6, 2024 |work=The Charlotte Observer |pages=4B |via=Newspapers.com}} By May, Craven ordered an investigation into Charlotte Motor Speedway (CMS).{{Cite news |last=Munn |first=Porter |date=May 19, 1962 |title=Judge orders 111 questioned on speedway |url=https://www.newspapers.com/article/the-charlotte-observer-judge-orders-111/140378216/ |url-status=live |archive-url=https://web.archive.org/web/20240206164734/https://www.newspapers.com/article/the-charlotte-observer-judge-orders-111/140378216/ |archive-date=February 6, 2024 |access-date=February 6, 2024 |work=The Charlotte Observer |pages=1B |via=Newspapers.com}} 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).{{Cite news |last=Munn |first=Porter |date=July 6, 1962 |title=Judge: Track can be saved |url=https://www.newspapers.com/article/the-charlotte-observer-judge-track-can/140379695/ |url-status=live |archive-url=https://web.archive.org/web/20240206164726/https://www.newspapers.com/article/the-charlotte-observer-judge-track-can/140379695/ |archive-date=February 6, 2024 |access-date=February 6, 2024 |work=The Charlotte Observer |pages=4A |via=Newspapers.com}}{{Cite news |last=Munn |first=Porter |date=July 6, 1962 |title=Track wrongs hinted |url=https://www.newspapers.com/article/the-charlotte-observer-track-wrongs-hint/140379619/ |url-status=live |archive-url=https://web.archive.org/web/20240206164734/https://www.newspapers.com/article/the-charlotte-observer-track-wrongs-hint/140379619/ |archive-date=February 6, 2024 |access-date=February 6, 2024 |work=The Charlotte Observer |pages=1B |via=Newspapers.com}}{{Cite news |last=Munn |first=Porter |date=July 7, 1962 |title=Judge: Probe speedway, if... |url=https://www.newspapers.com/article/the-charlotte-observer-judge-probe-spee/140380074/ |url-status=live |archive-url=https://web.archive.org/web/20240206164728/https://www.newspapers.com/article/the-charlotte-observer-judge-probe-spee/140380074/ |archive-date=February 6, 2024 |access-date=February 6, 2024 |work=The Charlotte Observer |pages=1B |via=Newspapers.com}} Eventually, a reorganization plan hearing was scheduled for November 5.{{Cite news |last=Murphy |first=Harry |date=July 18, 1962 |title=Speedway hearing scheduled Nov. 5 |url=https://www.newspapers.com/article/the-charlotte-news-speedway-hearing-sche/140381211/ |url-status=live |archive-url=https://web.archive.org/web/20240206164737/https://www.newspapers.com/article/the-charlotte-news-speedway-hearing-sche/140381211/ |archive-date=February 6, 2024 |access-date=February 6, 2024 |work=The Charlotte News |pages=7B |via=Newspapers.com}}

In October, a new $345,000 loan from McIlvaine was guaranteed, despite track officials already owing him over $300,000, alleviating some financial pressure.{{Cite news |last=Hughes |first=Bill |date=October 20, 1962 |title='No-strings' loan to let speedway pay off debts |url=https://www.newspapers.com/article/the-charlotte-news-no-strings-loan-to/140378591/ |url-status=live |archive-url=https://web.archive.org/web/20240206173557/https://www.newspapers.com/article/the-charlotte-news-no-strings-loan-to/140378591/ |archive-date=February 6, 2024 |access-date=February 6, 2024 |work=The Charlotte News |pages=1B, [https://www.newspapers.com/article/the-charlotte-news-no-strings-loan-to/140378619/ 12B] |via=Newspapers.com}} 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.{{Cite news |date=November 29, 1962 |title=Speedway plan ballots will be sent |url=https://www.newspapers.com/article/the-charlotte-observer-speedway-plan-bal/140383043/ |url-status=live |archive-url=https://web.archive.org/web/20240206173556/https://www.newspapers.com/article/the-charlotte-observer-speedway-plan-bal/140383043/ |archive-date=February 6, 2024 |access-date=February 6, 2024 |work=The Charlotte Observer |pages=1C |via=Newspapers.com}}{{Cite news |date=December 21, 1962 |title=Speedway granted more voting time |url=https://www.newspapers.com/article/the-charlotte-news-speedway-granted-more/140383236/ |url-status=live |archive-url=https://web.archive.org/web/20240206173600/https://www.newspapers.com/article/the-charlotte-news-speedway-granted-more/140383236/ |archive-date=February 6, 2024 |access-date=February 6, 2024 |work=The Charlotte News |pages=4A |via=Newspapers.com}} While the plan initially lacked sufficient creditor support, it was eventually approved, and Craven granted final approval for a stock sale in February.{{Cite news |last=Munn |first=Porter |date=January 4, 1963 |title=Speedway in trouble again; creditors foil reorganization |url=https://www.newspapers.com/article/the-charlotte-observer-speedway-in-troub/140384922/ |url-status=live |archive-url=https://web.archive.org/web/20240206173559/https://www.newspapers.com/article/the-charlotte-observer-speedway-in-troub/140384922/ |archive-date=February 6, 2024 |access-date=February 6, 2024 |work=The Charlotte Observer |pages=8A |via=Newspapers.com}}{{Cite news |last=Munn |first=Porter |date=January 5, 1963 |title=Creditors okay reorganization of racetrack |url=https://www.newspapers.com/article/the-charlotte-observer-creditors-okay-re/140385034/ |url-status=live |archive-url=https://web.archive.org/web/20240206235748/https://www.newspapers.com/article/the-charlotte-observer-creditors-okay-re/140385034/ |archive-date=February 6, 2024 |access-date=February 6, 2024 |work=The Charlotte Observer |pages=1B |via=Newspapers.com}}{{Cite news |last=Hughes |first=Bill |date=January 5, 1963 |title=Court confirms speedway's plan |url=https://www.newspapers.com/article/the-charlotte-news-court-confirms-speedw/140384624/ |url-status=live |archive-url=https://web.archive.org/web/20240206235746/https://www.newspapers.com/article/the-charlotte-news-court-confirms-speedw/140384624/ |archive-date=February 6, 2024 |access-date=February 6, 2024 |work=The Charlotte News |pages=1B. [https://www.newspapers.com/article/the-charlotte-news-court-confirms-speedw/140384650/ 12B] |via=Newspapers.com}} By April, the plan had achieved significant success, with the owners repaying over $740,000 in debt.{{Cite news |date=April 2, 1963 |title=Speedway's debts cut by $740,376 |url=https://www.newspapers.com/article/the-charlotte-observer-speedways-debts/140409054/ |url-status=live |archive-url=https://web.archive.org/web/20240206235747/https://www.newspapers.com/article/the-charlotte-observer-speedways-debts/140409054/ |archive-date=February 6, 2024 |access-date=February 6, 2024 |work=The Charlotte Observer |pages=5B |via=Newspapers.com}} 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.{{Cite news |last=Hughes |first=Bill |date=April 15, 1963 |title=Goines to head raceway |url=https://www.newspapers.com/article/the-charlotte-news-goines-to-head-racewa/140410646/ |url-status=live |archive-url=https://web.archive.org/web/20240206235749/https://www.newspapers.com/article/the-charlotte-news-goines-to-head-racewa/140410646/ |archive-date=February 6, 2024 |access-date=February 6, 2024 |work=The Charlotte News |pages=1B, [https://www.newspapers.com/article/the-charlotte-news-goines-to-head-racewa/140410683/ 9B] |via=Newspapers.com}} That same year, Bruton Smith left his position after being found guilty of failing to file tax returns for 1955 and 1956.{{Cite news |last=Wildman |first=John |date=November 28, 1990 |title=Smith rode love of cars to the top |url=https://www.newspapers.com/article/the-charlotte-observer-smith-rode-love-o/127617038/ |url-status=live |archive-url=https://web.archive.org/web/20230708080723/https://www.newspapers.com/article/the-charlotte-observer-smith-rode-love-o/127617038/ |archive-date=July 8, 2023 |access-date=July 7, 2023 |work=The Charlotte Observer |pages=10A |via=Newspapers.com}}{{Cite news |last=Covington |first=Roy |date=February 3, 1974 |title=After 9 years, the boos changed to votes |url=https://www.newspapers.com/article/the-charlotte-observer-after-9-years-th/127720246/ |url-status=live |archive-url=https://web.archive.org/web/20230707171459/https://www.newspapers.com/article/the-charlotte-observer-after-9-years-th/127720246/ |archive-date=July 7, 2023 |access-date=July 6, 2023 |work=The Charlotte Observer |pages=6D |via=Newspapers.com}}

In December 1963, Goines announced a 10% stock dividend, stating, "We've taken some bitter medicine, but the patient has been saved." By February 1964, CMS reported its first profit.{{Cite news |date=February 11, 1964 |title=Charlotte Motor Speedway in the black now |url=https://www.newspapers.com/article/the-charlotte-news-charlotte-motor-speed/140413118/ |url-status=live |archive-url=https://web.archive.org/web/20240206235750/https://www.newspapers.com/article/the-charlotte-news-charlotte-motor-speed/140413118/ |archive-date=February 6, 2024 |access-date=February 6, 2024 |work=The Charlotte News |pages=43C |via=Newspapers.com}}{{Cite news |last=Hughes |first=Bill |date=December 4, 1963 |title=Speedway board declares dividend |url=https://www.newspapers.com/article/the-charlotte-news-speedway-board-declar/140412987/ |url-status=live |archive-url=https://web.archive.org/web/20240206235752/https://www.newspapers.com/article/the-charlotte-news-speedway-board-declar/140412987/ |archive-date=February 6, 2024 |access-date=February 6, 2024 |work=The Charlotte News |pages=17A |via=Newspapers.com}} Goines stepped down after the mandatory one-year period, and Richard Howard, a leading stockholder and furniture store owner, took over.{{Cite news |date=April 16, 1964 |title=Speedway tabs Richard Howard as acting GM |url=https://www.newspapers.com/article/the-charlotte-observer-speedway-tabs-ric/140410878/ |url-status=live |archive-url=https://web.archive.org/web/20240206235751/https://www.newspapers.com/article/the-charlotte-observer-speedway-tabs-ric/140410878/ |archive-date=February 6, 2024 |access-date=February 6, 2024 |work=The Charlotte Observer |pages=28A |via=Newspapers.com}} The track faced several tragedies in the mid-1960s. Veteran driver Fireball Roberts died on July 2, 1964, from complications following a fiery crash at the 1964 World 600.{{Cite news |date=July 2, 1964 |title=Death of Roberts stuns racing |url=https://www.newspapers.com/article/the-charlotte-news-death-of-roberts-stun/140412070/ |url-status=live |archive-url=https://web.archive.org/web/20240206235754/https://www.newspapers.com/article/the-charlotte-news-death-of-roberts-stun/140412070/ |archive-date=February 6, 2024 |access-date=February 6, 2024 |work=The Charlotte News |pages=6A |via=Newspapers.com}} Another fatality occurred on October 17, 1965, when Harold Kite, a World War II veteran, was killed in a crash during the first lap of the 1965 National 400.{{Cite news |last=Lloyd |first=Harry |date=October 18, 1965 |title=Kite survived wars, died at high speed |url=https://www.newspapers.com/article/the-charlotte-observer-kite-survived-war/140412013/ |url-status=live |archive-url=https://web.archive.org/web/20240206235751/https://www.newspapers.com/article/the-charlotte-observer-kite-survived-war/140412013/ |archive-date=February 6, 2024 |access-date=February 6, 2024 |work=The Charlotte Observer |pages=10A, [https://www.newspapers.com/article/the-charlotte-observer-kite-survived-war/140412041/ 14A] |via=Newspapers.com}}

Under Howard's leadership, CMS paid off its mortgage three years ahead of schedule, finally resolving the track's financial challenges.{{Cite news |last=Myers |first=Bob |date=June 10, 1967 |title=The burning of the mortgage |url=https://www.newspapers.com/article/the-charlotte-news-the-burning-of-the-mo/140432110/ |url-status=live |archive-url=https://web.archive.org/web/20240207054508/https://www.newspapers.com/article/the-charlotte-news-the-burning-of-the-mo/140432110/ |archive-date=February 7, 2024 |access-date=February 6, 2024 |work=The Charlotte News |pages=4A |via=Newspapers.com}} Known as a "good ol' country boy," Howard was conservative with spending but invested strategically in renovations and capacity expansions.{{Cite news |last=Myers |first=Bob |date=October 8, 1975 |title=Track needs Howard |url=https://www.newspapers.com/article/the-charlotte-news-track-needs-howard-p/127747399/ |url-status=live |archive-url=https://web.archive.org/web/20230708004738/https://www.newspapers.com/article/the-charlotte-news-track-needs-howard-p/127747399/ |archive-date=July 8, 2023 |access-date=July 6, 2023 |work=The Charlotte News |pages=1C, [https://www.newspapers.com/article/the-charlotte-news-track-needs-howard-p/127747436/ 4C] |via=Newspapers.com}} In 1965, track officials diversified their holdings by acquiring the Rightway Investment Corporation, an insurance finance company.{{Cite news |date=September 22, 1965 |title=Speedway acquires Rightway |url=https://www.newspapers.com/article/the-charlotte-observer-speedway-acquires/140432967/ |url-status=live |archive-url=https://web.archive.org/web/20240207060013/https://www.newspapers.com/article/the-charlotte-observer-speedway-acquires/140432967/ |archive-date=February 7, 2024 |access-date=February 6, 2024 |work=The Charlotte Observer |pages=1D, [https://www.newspapers.com/article/the-charlotte-observer-speedway-acquires/140432984/ 4D] |via=Newspapers.com}} In 1970, management announced plans to construct a new road course and additional grandstands, as indicated by tax records.{{Cite news |last=Myers |first=Bob |date=January 14, 1970 |title=Assessment by IRS cuts into profits of speedway |url=https://www.newspapers.com/article/the-charlotte-news-assessment-by-irs-cut/140433565/ |url-status=live |archive-url=https://web.archive.org/web/20240207060014/https://www.newspapers.com/article/the-charlotte-news-assessment-by-irs-cut/140433565/ |archive-date=February 7, 2024 |access-date=February 6, 2024 |work=The Charlotte News |pages=14B |via=Newspapers.com}} By 1972, CMS was achieving consistent year-over-year profit growth.{{Cite news |last=Myers |first=Bob |date=January 7, 1972 |title=Speedway's year most profitable |url=https://www.newspapers.com/article/the-charlotte-news-speedways-year-most/140433748/ |url-status=live |archive-url=https://web.archive.org/web/20240207054507/https://www.newspapers.com/article/the-charlotte-news-speedways-year-most/140433748/ |archive-date=February 7, 2024 |access-date=February 6, 2024 |work=The Charlotte News |pages=12A |via=Newspapers.com}}

{{See also|Humpy Wheeler}}

In the mid-1970s, after a successful career in the car dealership business, Smith saw the potential profitability of reacquiring CMS, particularly with the R. J. Reynolds Tobacco Company and its subsidiary Winston sponsoring the NASCAR Cup Series starting in 1970.{{Cite news |last=Covington |first=Roy |date=February 3, 1974 |title=After 9 years, the boos changed to votes |url=https://www.newspapers.com/article/the-charlotte-observer-after-9-years-th/127720246/ |url-status=live |archive-url=https://web.archive.org/web/20230707171459/https://www.newspapers.com/article/the-charlotte-observer-after-9-years-th/127720246/ |archive-date=July 7, 2023 |access-date=July 6, 2023 |work=The Charlotte Observer |pages=6D |via=Newspapers.com}} By 1973, Smith had purchased nearly 500,000 shares—a significant increase from his initial 40,000 shares—remarking that he wasn't sure why he acquired so many.{{Cite news |last=Myers |first=Bob |date=May 26, 1973 |title=Bruton Smith's return |url=https://www.newspapers.com/article/the-charlotte-news-bruton-smiths-return/127719905/ |url-status=live |archive-url=https://web.archive.org/web/20230708015246/https://www.newspapers.com/article/the-charlotte-news-bruton-smiths-return/127719905/ |archive-date=July 8, 2023 |access-date=July 6, 2023 |work=The Charlotte News |pages=9A |via=Newspapers.com}} In early 1974, despite efforts to block board elections, Smith was elected chairman of the track's board of directors, effectively returning him to a leadership role.{{Cite news |last=Covington |first=Roy |date=January 31, 1974 |title=Speedway election in doubt |url=https://www.newspapers.com/article/the-charlotte-observer-speedway-election/140275821/ |url-status=live |archive-url=https://web.archive.org/web/20240205015834/https://www.newspapers.com/article/the-charlotte-observer-speedway-election/140275821/ |archive-date=February 5, 2024 |access-date=February 4, 2024 |work=The Charlotte Observer |pages=1C |via=Newspapers.com}} Howard was appointed as the facility's president, and later that year, he announced a $2.5 million (about ${{Inflation|index=USD|value=2,500,000|start_year=1974|r=0|fmt=c}} today) renovation project to enhance the track's appearance and expand seating capacity.{{Cite news |last=Covington |first=Roy |date=February 1, 1974 |title=Deposed speedway official regains spot on board |url=https://www.newspapers.com/article/the-charlotte-observer-deposed-speedway/140276197/ |url-status=live |archive-url=https://web.archive.org/web/20240205015833/https://www.newspapers.com/article/the-charlotte-observer-deposed-speedway/140276197/ |archive-date=February 5, 2024 |access-date=February 4, 2024 |work=The Charlotte Observer |pages=20A |via=Newspapers.com}}{{Cite news |last=Laye |first=Leonard |date=May 2, 1974 |title=Speedway expansion to cost $2 million |url=https://www.newspapers.com/article/the-charlotte-news-speedway-expansion-to/140288314/ |url-status=live |archive-url=https://web.archive.org/web/20240205070408/https://www.newspapers.com/article/the-charlotte-news-speedway-expansion-to/140288314/ |archive-date=February 5, 2024 |access-date=February 4, 2024 |work=The Charlotte News |pages=1B, [https://www.newspapers.com/article/the-charlotte-news-speedway-expansion-to/140288344/ 3B] |via=Newspapers.com}}

File:HumpyWheeler2010NMPA.jpg (pictured in 2010) partnered with Bruton Smith to takeover control of Charlotte Motor Speedway from Richard Howard.]]

Throughout 1975, Howard and Smith engaged in a heated battle for control of the organization, exchanging sharp criticisms in the media. In January, Howard regained control of the board of directors despite initially threatening to resign.{{Cite news |last=Moore |first=Bob |date=January 31, 1975 |title=Howard group regains CMS control |url=https://www.newspapers.com/article/the-charlotte-observer-howard-group-rega/140281817/ |url-status=live |archive-url=https://web.archive.org/web/20240205051609/https://www.newspapers.com/article/the-charlotte-observer-howard-group-rega/140281817/ |archive-date=February 5, 2024 |access-date=February 4, 2024 |work=The Charlotte Observer |pages=1D, [https://www.newspapers.com/article/the-charlotte-observer-howard-group-rega/140281844/ 3D] |via=Newspapers.com}} By February, Howard criticized Smith for managing the track from Illinois, prompting Smith to accuse him of consolidating power and financial misconduct.{{Cite news |last=Myers |first=Bob |date=February 1, 1975 |title=The speedway shootout |url=https://www.newspapers.com/article/the-charlotte-news-the-speedway-shootout/127750435/ |url-status=live |archive-url=https://web.archive.org/web/20230708013331/https://www.newspapers.com/article/the-charlotte-news-the-speedway-shootout/127750435/ |archive-date=July 8, 2023 |access-date=July 6, 2023 |work=The Charlotte News |pages=7A, [https://www.newspapers.com/article/the-charlotte-news-the-speedway-shootout/127750603/ 8A] |via=Newspapers.com}} A major turning point came in July when Smith purchased approximately 80,000 shares from Howard's relatives.{{Cite news |last=Covington |first=Roy |date=October 12, 1975 |title=Bruton Smith simply outran speedway's Richard Howard |url=https://www.newspapers.com/article/the-charlotte-observer-bruton-smith-simp/140287079/ |url-status=live |archive-url=https://web.archive.org/web/20240205051611/https://www.newspapers.com/article/the-charlotte-observer-bruton-smith-simp/140287079/ |archive-date=February 5, 2024 |access-date=February 4, 2024 |work=The Charlotte Observer |pages=9B |via=Newspapers.com}} On August 29, Smith hired H. A. "Humpy" Wheeler, a former public relations executive, as the track's development director.{{Cite news |date=August 29, 1975 |title=Ervin's Wheeler takes position at speedway |url=https://www.newspapers.com/article/the-charlotte-news-ervins-wheeler-takes/129221907/ |url-status=live |archive-url=https://web.archive.org/web/20230802075553/https://www.newspapers.com/article/the-charlotte-news-ervins-wheeler-takes/129221907/ |archive-date=August 2, 2023 |access-date=July 31, 2023 |work=The Charlotte News |pages=4C |via=Newspapers.com |agency=Associated Press}} Local media speculated that Wheeler’s hiring signaled Smith’s impending takeover.{{Cite news |last=Mulhurn |first=Mike |date=October 2, 1975 |title=Howard's Charlotte reign appears over |url=https://www.newspapers.com/article/winston-salem-journal-howards-charlotte/129222251/ |url-status=live |archive-url=https://web.archive.org/web/20230802071036/https://www.newspapers.com/article/winston-salem-journal-howards-charlotte/129222251/ |archive-date=August 2, 2023 |access-date=July 31, 2023 |work=Winston-Salem Journal |pages=63 |via=Newspapers.com}} On October 5, The Atlanta Journal-Constitution reported that the upcoming National 500 would likely be Howard's last race associated with the facility, with a final decision expected at the annual stockholders' meeting on January 30, 1976.{{Cite news |last=Hunter |first=Jim |date=October 5, 1975 |title=National 500 race last for Howard? |url=https://www.newspapers.com/article/the-atlanta-constitution-national-500-ra/127749265/ |url-status=live |archive-url=https://web.archive.org/web/20230708013330/https://www.newspapers.com/article/the-atlanta-constitution-national-500-ra/127749265/ |archive-date=July 8, 2023 |access-date=July 6, 2023 |work=The Atlanta Constitution |pages=10D |via=Newspapers.com}} Although Howard initially denied these claims and expressed interest in working as a consultant for Smith, he later admitted on October 23 that he was "99% certain" of leaving.{{Cite news |last=Myers |first=Bob |date=October 7, 1975 |title=Howard report called premature |url=https://www.newspapers.com/article/the-charlotte-news-howard-report-called/140280836/ |url-status=live |archive-url=https://web.archive.org/web/20240205051610/https://www.newspapers.com/article/the-charlotte-news-howard-report-called/140280836/ |archive-date=February 5, 2024 |access-date=February 4, 2024 |work=The Charlotte News |pages=1B, [https://www.newspapers.com/article/the-charlotte-news-howard-report-called/140280858/ 3B] |via=Newspapers.com}}{{Cite news |last=Mulhurn |first=Mike |date=October 23, 1975 |title=Car builders may challenge France's rule |url=https://www.newspapers.com/article/winston-salem-journal-car-builders-may-c/127749512/ |url-status=live |archive-url=https://web.archive.org/web/20230707223350/https://www.newspapers.com/article/winston-salem-journal-car-builders-may-c/127749512/ |archive-date=July 7, 2023 |access-date=July 6, 2023 |work=Winston-Salem Journal |pages=53 |via=Newspapers.com}} At the stockholders' meeting, a tearful Howard officially announced his resignation, giving Smith full control of the facility. Wheeler subsequently assumed the role of president.{{Cite news |last=Myers |first=Bob |date=January 31, 1976 |title=Wheeler: Speedway's new dealer |url=https://www.newspapers.com/article/the-charlotte-news-wheeler-speedways-n/127748720/ |url-status=live |archive-url=https://web.archive.org/web/20230709021500/https://www.newspapers.com/article/the-charlotte-news-wheeler-speedways-n/127748720/ |archive-date=July 9, 2023 |access-date=July 6, 2023 |work=The Charlotte News |pages=1B |via=Newspapers.com}}

Under the leadership of Wheeler and Smith, CMS underwent significant promotion, expansion, and modernization. In Wheeler's first year as president, he announced a $3–5 million renovation project slated for completion in 1981.{{Cite news |last=Myers |first=Bob |date=May 22, 1976 |title=Speedway getting major face-lift |url=https://www.newspapers.com/article/the-charlotte-news-speedway-getting-majo/129267835/ |url-status=live |archive-url=https://web.archive.org/web/20230802214622/https://www.newspapers.com/article/the-charlotte-news-speedway-getting-majo/129267835/ |archive-date=August 2, 2023 |access-date=August 1, 2023 |work=The Charlotte News |pages=1B, [https://www.newspapers.com/article/the-charlotte-news-speedway-getting-majo/129267867/ 3B] |via=Newspapers.com}} Wheeler became known for his creative and elaborate promotional efforts. In 1976, he attracted female spectators by convincing Janet Guthrie to enter the World 600.{{Cite news |last=King |first=Randy |date=May 27, 1990 |title=Call him 'Humpy,' the Wheeler dealer |url=https://www.newspapers.com/article/the-roanoke-times-call-him-humpy-the/128821111/ |url-status=live |archive-url=https://web.archive.org/web/20230726054229/https://www.newspapers.com/article/the-roanoke-times-call-him-humpy-the/128821111/ |archive-date=July 26, 2023 |access-date=July 24, 2023 |work=The Roanoke Times |pages=B1, [https://www.newspapers.com/article/the-roanoke-times-call-him-humpy-the/128821135/ B8],[https://www.newspapers.com/article/the-roanoke-times-call-him-humpy-the/128821153/ B9] |via=Newspapers.com}}{{Cite news |last=Nixon |first=Kathy |date=January 18, 1987 |title=Message: 'Hang in there' |url=https://www.newspapers.com/article/the-charlotte-observer-message-hang-in/129298294/ |url-status=live |archive-url=https://web.archive.org/web/20230802210941/https://www.newspapers.com/article/the-charlotte-observer-message-hang-in/129298294/ |archive-date=August 2, 2023 |access-date=August 2, 2023 |work=The Charlotte Observer |pages=192 |via=Newspapers.com}} The following year, he fueled the rivalry between veteran driver Cale Yarborough and newcomer Darrell Waltrip by creating a spectacle involving Waltrip's nickname, "Jaws," and Yarborough's sponsor, Holly Farms Poultry. Wheeler placed a dead chicken inside the mouth of a dead shark, mounted it on a pickup truck's sling, and paraded it before the first qualifying round of the 1977 NAPA National 500.{{Cite news |last=Mulhurn |first=Mike |date=October 6, 1977 |title=Pearson edges Allison |url=https://www.newspapers.com/article/winston-salem-journal-pearson-edges-alli/129504867/ |url-status=live |archive-url=https://web.archive.org/web/20230807235357/https://www.newspapers.com/article/winston-salem-journal-pearson-edges-alli/129504867/ |archive-date=August 7, 2023 |access-date=August 5, 2023 |work=Winston-Salem Journal |pages=51, [https://www.newspapers.com/article/winston-salem-journal-pearson-edges-alli/129504888/ 58] |via=Newspapers.com}} By 1980, officials announced additional renovations worth $16 million, aiming to increase the speedway's capacity to 150,000.{{Cite news |last=Hinkle |first=Jane |date=February 7, 1980 |title=Motor Speedway moving soon to new headquarters |url=https://www.newspapers.com/article/the-charlotte-news-motor-speedway-moving/140295005/ |url-status=live |archive-url=https://web.archive.org/web/20240205070407/https://www.newspapers.com/article/the-charlotte-news-motor-speedway-moving/140295005/ |archive-date=February 5, 2024 |access-date=February 4, 2024 |work=The Charlotte News |pages=9A |via=Newspapers.com}} In 1983, Bruton and Wheeler unveiled plans for the construction of 36 condominiums, later expanded to 40. Despite initial skepticism, all units sold out by their completion in 1984.

In 1985, the city of Charlotte made efforts to attract a professional football team. In March, Bruton Smith announced plans to construct a 76,000-seat stadium on the frontstretch of CMS.{{Cite news |last1=Higgins |first1=Tom |last2=Lohwasser |first2=Don |date=March 12, 1985 |title=Speedway plans to develop stadium |url=https://www.newspapers.com/article/the-charlotte-news-speedway-plans-to-dev/140293076/ |url-status=live |archive-url=https://web.archive.org/web/20240205071059/https://www.newspapers.com/article/the-charlotte-news-speedway-plans-to-dev/140293076/ |archive-date=February 5, 2024 |access-date=February 4, 2024 |work=The Charlotte News |pages=1C |via=Newspapers.com}} The proposed stadium would feature temporary endzone grandstands and retractable seating behind the track's pit road.{{Cite news |last=Lohwasser |first=Don |date=March 14, 1985 |title=Speedway would build, not pay for, stadium |url=https://www.newspapers.com/article/the-charlotte-observer-speedway-would-bu/140293191/ |url-status=live |archive-url=https://web.archive.org/web/20240205071101/https://www.newspapers.com/article/the-charlotte-observer-speedway-would-bu/140293191/ |archive-date=February 5, 2024 |access-date=February 4, 2024 |work=The Charlotte Observer |pages=1B, [https://www.newspapers.com/article/the-charlotte-observer-speedway-would-bu/140293208/ 4B] |via=Newspapers.com}} While the original track plans had included a football stadium, those plans were abandoned due to construction challenges.{{Cite news |last=Claiborne |first=Jack |date=December 9, 1959 |title=New grid 'stadium' promised |url=https://www.newspapers.com/article/the-charlotte-observer-new-grid-stadium/140312727/ |url-status=live |archive-url=https://web.archive.org/web/20240205174235/https://www.newspapers.com/article/the-charlotte-observer-new-grid-stadium/140312727/ |archive-date=February 5, 2024 |access-date=February 5, 2024 |work=The Charlotte Observer |pages=10A |via=Newspapers.com}}{{Cite web |last=nascarman |date=September 15, 2016 |title=Football at Charlotte Motor Speedway |url=http://racing-reference.info/showblog?id=2727 |url-status=dead |archive-url=https://web.archive.org/web/20180204124123/http://racing-reference.info/showblog?id=2727 |archive-date=February 4, 2018 |access-date=February 4, 2024 |website=Racing Reference}} During the official announcement on March 13, Smith declared he would move forward with the stadium project if the local government or private investors contributed $10 million. Meanwhile, George Shinn, another Charlotte businessman, also pursued a professional football team, expressing interest in acquiring either a National Football League (NFL) franchise or a United States Football League (USFL) team. Smith, however, was focused solely on securing an NFL team.{{Cite news |last=Lohwasser |first=Don |date=March 17, 1985 |title=Smith, Shinn share football goals, not methods |url=https://www.newspapers.com/article/the-charlotte-observer-smith-shinn-shar/140293421/ |url-status=live |archive-url=https://web.archive.org/web/20240205071100/https://www.newspapers.com/article/the-charlotte-observer-smith-shinn-shar/140293421/ |archive-date=February 5, 2024 |access-date=February 4, 2024 |work=The Charlotte Observer |pages=8B |via=Newspapers.com}} The city ultimately declined to provide financial support for the stadium, and the plans were abandoned by the end of the year. Despite this, Smith expressed renewed interest in hosting an NFL team at the track two years later.{{Cite news |last=Sorenson |first=Tom |date=October 19, 1987 |title=NFL talk is not a laughing matter |url=https://www.newspapers.com/article/the-charlotte-observer-nfl-talk-is-not-a/140293086/ |url-status=live |archive-url=https://web.archive.org/web/20240205071056/https://www.newspapers.com/article/the-charlotte-observer-nfl-talk-is-not-a/140293086/ |archive-date=February 5, 2024 |access-date=February 4, 2024 |work=The Charlotte Observer |pages=1B |via=Newspapers.com}}

File:Lowe's Motor Speedway.jpg; in 1992, the track installed lights to accommodate night racing, the first track of its size to do so.|alt=refer to caption]]

In 1987, construction began on a membership-exclusive club and restaurant named The Speedway Club. By the end of the 1980s, CMS had a maximum capacity of 170,922. 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.{{Cite news |last=Mulhurn |first=Mike |date=October 16, 1991 |title=Prime time: The Winston will be held under lights |url=https://www.newspapers.com/article/winston-salem-journal-prime-time-the-wi/129465295/ |url-status=live |archive-url=https://web.archive.org/web/20230808010924/https://www.newspapers.com/article/winston-salem-journal-prime-time-the-wi/129465295/ |archive-date=August 8, 2023 |access-date=August 4, 2023 |work=Winston-Salem Journal |pages=41 |via=Newspapers.com}} The lights were completed in April 1992.{{Cite news |last=Higgins |first=Tom |date=April 16, 1992 |title=Speedway test is ablaze in glory |url=https://www.newspapers.com/article/the-charlotte-observer-speedway-test-is/127876310/ |url-status=live |archive-url=https://web.archive.org/web/20230709010524/https://www.newspapers.com/article/the-charlotte-observer-speedway-test-is/127876310/ |archive-date=July 9, 2023 |access-date=July 8, 2023 |work=The Charlotte Observer |pages=1B, [https://www.newspapers.com/article/the-charlotte-observer-speedway-test-is/127876440/ 2B] |via=Newspapers.com}} In 1994, the track renovated its garage area at a cost of around $1 million, drawing praise from driver Dale Jarrett.{{Cite news |last=Green Jr. |first=Ron |date=May 22, 1994 |title=Indy folks drop in on speedway |url=https://www.newspapers.com/article/the-charlotte-observer-indy-folks-drop-i/140295154/ |access-date=February 4, 2024 |work=The Charlotte Observer |pages=12G |via=Newspapers.com |archive-date=February 5, 2024 |archive-url=https://web.archive.org/web/20240205064904/https://www.newspapers.com/article/the-charlotte-observer-indy-folks-drop-i/140295154/ |url-status=live }} 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.{{Cite news |last=Postman |first=Lore |date=February 10, 1999 |title=Lowe's raises its stake in racing |url=https://www.newspapers.com/article/the-charlotte-observer-lowes-raises-its/129513805/ |archive-url=https://web.archive.org/web/20230807234221/https://www.newspapers.com/article/the-charlotte-observer-lowes-raises-its/129513805/ |archive-date=August 7, 2023 |access-date=August 5, 2023 |work=The Charlotte Observer |pages=1D, [https://www.newspapers.com/article/the-charlotte-observer-lowes-raises-its/129513833/ 6D] |via=Newspapers.com |url-status=live }}

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.{{Cite news |last=Cooper |first=Ray |date=January 17, 1989 |title=Sportsman Division to debut in Charlotte |url=https://www.newspapers.com/article/news-and-record-sportsman-division-to-de/129267791/ |url-status=live |archive-url=https://web.archive.org/web/20230802075555/https://www.newspapers.com/article/news-and-record-sportsman-division-to-de/129267791/ |archive-date=August 2, 2023 |access-date=August 1, 2023 |work=News & Record |pages=B4, [https://www.newspapers.com/article/news-and-record-sportsman-division-to-de/129267809/ B7] |via=Newspapers.com}} 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,{{Cite news |last=Mulhurn |first=Mike |date=May 17, 1990 |title=Driver dies in speedway accident |url=https://www.newspapers.com/article/winston-salem-journal-driver-dies-in-spe/129287364/ |url-status=live |archive-url=https://web.archive.org/web/20230802065529/https://www.newspapers.com/article/winston-salem-journal-driver-dies-in-spe/129287364/ |archive-date=August 2, 2023 |access-date=August 1, 2023 |work=Winston-Salem Journal |pages=34, [https://www.newspapers.com/article/winston-salem-journal-driver-dies-in-spe/129287389/ 37] |via=Newspapers.com}} Gary Batson in 1992,{{Cite news |last=Chandler |first=Charles |date=May 17, 1992 |title=Car's path ends again in Charlotte |url=https://www.newspapers.com/article/the-charlotte-observer-cars-path-ends-a/129287472/ |archive-url=https://web.archive.org/web/20230802071039/https://www.newspapers.com/article/the-charlotte-observer-cars-path-ends-a/129287472/ |archive-date=August 2, 2023 |access-date=August 1, 2023 |work=The Charlotte Observer |pages=9C |via=Newspapers.com |url-status=live }} and Russell Phillips in 1995, with the third being decapitated when his head hit a caution light.{{Cite news |last1=Clarke |first1=Liz |last2=Higgins |first2=Tom |date=October 7, 1995 |title=Tragedy at the race track |url=https://www.newspapers.com/article/the-charlotte-observer-tragedy-at-the-ra/129287926/ |archive-url=https://web.archive.org/web/20230802071033/https://www.newspapers.com/article/the-charlotte-observer-tragedy-at-the-ra/129287926/ |archive-date=August 2, 2023 |access-date=August 1, 2023 |work=The Charlotte Observer |pages=1A, [https://www.newspapers.com/article/the-charlotte-observer-tragedy-at-the-ra/129287948/ 8A] |via=Newspapers.com |url-status=live }}{{Cite web |last=nascarman |date=October 6, 2016 |title=The History of the NASCAR Sportsman Division |url=http://www.racing-reference.info/showblog?id=2769 |url-status=dead |archive-url=https://web.archive.org/web/20161231075643/https://www.racing-reference.info/showblog?id=2769 |archive-date=December 31, 2016 |access-date=August 1, 2023 |website=Racing Reference}} In late 1995, Wheeler gave control of the series to NASCAR, who ended it quickly afterward in 1996.{{Cite news |last=Green Jr. |first=Ron |date=November 29, 1995 |title=Speedway will pass on Sportsman races |url=https://www.newspapers.com/article/the-charlotte-observer-speedway-will-pas/129289283/ |archive-url=https://web.archive.org/web/20230802072533/https://www.newspapers.com/article/the-charlotte-observer-speedway-will-pas/129289283/ |archive-date=August 2, 2023 |access-date=August 1, 2023 |work=The Charlotte Observer |pages=1B, [https://www.newspapers.com/article/the-charlotte-observer-speedway-will-pas/129289303/ 2B] |via=Newspapers.com |url-status=live }} 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.{{Cite news |last=Green Jr. |first=Ron |date=May 2, 1999 |title=3 race fans killed, 8 hurt by flying tire, debris |url=https://www.newspapers.com/article/the-charlotte-observer-3-race-fans-kille/128942961/ |archive-url=https://web.archive.org/web/20230728203441/https://www.newspapers.com/article/the-charlotte-observer-3-race-fans-kille/128942961/ |archive-date=July 28, 2023 |access-date=July 26, 2023 |work=The Charlotte Observer |pages=1A, [https://www.newspapers.com/article/the-charlotte-observer-3-race-fans-kille/128942988/ 18A] |via=Newspapers.com |url-status=live }} After the 2000 The Winston, a pedestrian bridge collapsed, injuring 107 people,{{Cite news |last1=Alexander |first1=Ames |last2=Chandler |first2=Liz |last3=Cimino |first3=Karen |last4=Dodd |first4=Scott |last5=Frazier |first5=Eric |last6=Henderson |first6=Bruce |last7=Johnson |first7=Mark |last8=Moore |first8=Robert F. |last9=Paynter |first9=Marion |date=May 22, 2000 |title=Corroded cables draw investigator's attention |url=https://www.newspapers.com/article/the-charlotte-observer-corroded-cables-d/128994034/ |archive-url=https://web.archive.org/web/20230728194929/https://www.newspapers.com/article/the-charlotte-observer-corroded-cables-d/128994034/ |archive-date=July 28, 2023 |access-date=July 27, 2023 |work=The Charlotte Observer |pages=1A, [https://www.newspapers.com/article/the-charlotte-observer-corroded-cables-d/128994048/ 6A] |via=Newspapers.com |last10=St. Onge |first10=Courtney |url-status=live }} which was later blamed on the bridge's manufacturer using an improper additive.{{Cite news |last=Whitmare |first=Tim |date=March 21, 2003 |title=Couple awarded $4 million |url=https://www.newspapers.com/article/the-herald-sun-couple-awarded-4-million/129180023/ |access-date=July 30, 2023 |work=The Herald-Sun |pages=B8 |via=Newspapers.com |agency=Associated Press |archive-date=July 31, 2023 |archive-url=https://web.archive.org/web/20230731055530/https://www.newspapers.com/article/the-herald-sun-couple-awarded-4-million/129180023/ |url-status=live }}{{Cite news |last=Marusak |first=Joe |date=March 16, 2018 |title=Bridge collapse revives memories of 'horrible night' at Charlotte speedway |url=https://www.newspapers.com/article/the-charlotte-observer-bridge-collapse-r/129179112/ |access-date=July 30, 2023 |work=The Charlotte Observer |pages=1A |via=Newspapers.com |archive-date=July 31, 2023 |archive-url=https://web.archive.org/web/20230731054032/https://www.newspapers.com/article/the-charlotte-observer-bridge-collapse-r/129179112/ |url-status=live }} In the next two years, two ARCA drivers died in accidents; Blaise Alexander in 2001,{{Cite news |last1=Poole |first1=David |last2=Utter |first2=Jim |last3=Wolken |first3=Dan |date=October 5, 2001 |title=ARCA race ends with death |url=https://www.newspapers.com/article/the-charlotte-observer-arca-race-ends-wi/140492215/ |url-status=live |archive-url=https://web.archive.org/web/20240208024451/https://www.newspapers.com/article/the-charlotte-observer-arca-race-ends-wi/140492215/ |archive-date=February 8, 2024 |access-date=February 7, 2024 |work=The Charlotte Observer |pages=1C, [https://www.newspapers.com/article/the-charlotte-observer-arca-race-ends-wi/140492235/ 6C] |via=Newspapers.com}} and Eric Martin in 2002.{{Cite news |last=Utter |first=Jim |date=October 10, 2002 |title=Race driver killed in speedway wreck |url=https://www.newspapers.com/article/the-charlotte-observer-race-driver-kille/140492281/ |access-date=February 7, 2024 |work=The Charlotte Observer |pages=1A, [https://www.newspapers.com/article/the-charlotte-observer-race-driver-kille/140492385/ 9A] |via=Newspapers.com |archive-date=February 8, 2024 |archive-url=https://web.archive.org/web/20240208024454/https://www.newspapers.com/article/the-charlotte-observer-race-driver-kille/140492281/ |url-status=live }}

File:Lowe's_Motor_Speedway_zMax_Drag_Strip.jpgIn 2005, officials announced a repave, using a process called levigation to smooth out bumps on the track's surface.{{Cite news |last=Poole |first=David |date=March 12, 2005 |title=Wheeler: Smoothing of track finished |url=https://www.newspapers.com/article/the-charlotte-observer-wheeler-smoothin/140293864/ |archive-url=https://web.archive.org/web/20240205064902/https://www.newspapers.com/article/the-charlotte-observer-wheeler-smoothin/140293864/ |archive-date=February 5, 2024 |access-date=February 4, 2024 |work=The Charlotte Observer |pages=5C |via=Newspapers.com |url-status=live }} This repave led to numerous problems for both of the facility's NASCAR race weekends in 2005, leading to another repave in 2006.{{Cite news |last=Newton |first=David |date=October 14, 2005 |title=Magical Humpy |url=https://www.newspapers.com/article/the-state-magical-humpy-part-1/129513326/ |archive-url=https://web.archive.org/web/20230807231154/https://www.newspapers.com/article/the-state-magical-humpy-part-1/129513326/ |archive-date=August 7, 2023 |access-date=August 5, 2023 |work=The State |pages=C3, [https://www.newspapers.com/article/the-state-magical-humpy-part-2/129513353/ C12] |via=Newspapers.com |url-status=live }}{{Cite web |last=Newton |first=David |date=July 12, 2011 |title=NASCAR: Five embarrassing moments |url=https://www.espn.com/racing/nascar/cup/story/_/id/6763341/nascar-five-embarrassing-moments |access-date=February 4, 2024 |website=ESPN |language=en |archive-date=February 5, 2024 |archive-url=https://web.archive.org/web/20240205064902/https://www.espn.com/racing/nascar/cup/story/_/id/6763341/nascar-five-embarrassing-moments |url-status=live }} In 2007, Smith announced plans to construct a drag strip. This plan was met with heavy criticism from the Concord City Council, which held a special legislative session to decide whether to block it. Smith, in turn, decided to start preliminary grading work regardless of the council's decision.{{Cite news |last=Durhams |first=Sharif |date=September 29, 2007 |title=Work continues at drag strip site |url=https://www.newspapers.com/article/the-charlotte-observer-work-continues-at/127771598/ |url-status=live |archive-url=https://web.archive.org/web/20230707211609/https://www.newspapers.com/article/the-charlotte-observer-work-continues-at/127771598/ |archive-date=July 7, 2023 |access-date=July 7, 2023 |work=The Charlotte Observer |pages=1B, [https://www.newspapers.com/article/the-charlotte-observer-work-continues-at/127771640/ 6B] |via=Newspapers.com}} On October 2, the council voted unanimously to block Smith's plans.{{Cite news |last=Durhams |first=Sharif |date=October 2, 2007 |title=Council orders halt to work on drag strip |url=https://www.newspapers.com/article/the-charlotte-observer-council-orders-ha/127772019/ |url-status=live |archive-url=https://web.archive.org/web/20230708004739/https://www.newspapers.com/article/the-charlotte-observer-council-orders-ha/127772019/ |archive-date=July 8, 2023 |access-date=July 7, 2023 |work=The Charlotte Observer |pages=1B, [https://www.newspapers.com/article/the-charlotte-observer-council-orders-ha/127772026/ 2B] |via=Newspapers.com}} 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. The council quickly backtracked, and tried to convince Smith to stay by offering him an incentive package of $80 million (adjusted for inflation, ${{Inflation|index=USD|value=80,000,000|start_year=2007|r=0|fmt=c}}), a street named in his honor, and a tax break, along with letting him build the drag strip. On November 26, Smith stated his final decision in letting the track continue as is, stating, "We're here forever".

Tensions between Smith and Wheeler had been documented since 1991, with the two being in "constant disagreement" over topics.{{Cite news |last=Zeller |first=Bob |date=October 13, 1991 |title=Speedway owner lives in fast lane |url=https://www.newspapers.com/article/news-and-record-speedway-owner-lives-in/127614781/ |url-status=live |archive-url=https://web.archive.org/web/20230704211024/https://www.newspapers.com/article/news-and-record-speedway-owner-lives-in/127614781/ |archive-date=July 4, 2023 |access-date=July 4, 2023 |work=News & Record |pages=C1, [https://www.newspapers.com/article/news-and-record-speedway-owner-lives-in/127614820/ C2] |via=Newspapers.com}} By 2008, Wheeler grew angry at several new developments directed by Smith, including the controversial drag strip.{{Cite news |last=Utter |first=Jim |date=May 19, 2010 |title=Wheeler: Increasing secrecy led to his exit |url=https://www.newspapers.com/article/the-charlotte-observer-wheeler-increasi/129165478/ |archive-url=https://web.archive.org/web/20230731020536/https://www.newspapers.com/article/the-charlotte-observer-wheeler-increasi/129165478/ |archive-date=July 31, 2023 |access-date=July 30, 2023 |work=The Charlotte Observer |pages=7C |via=Newspapers.com |url-status=live }} On May 21, 2008, Wheeler announced his retirement, effective after the 2008 Coca-Cola 600, ending a tenure that had lasted since 1975.{{Cite news |last=Poole |first=David |date=May 21, 2008 |title=Checkered flag for 'Humpy' |url=https://www.newspapers.com/article/the-charlotte-observer-checkered-flag-fo/129119552/ |url-status=live |archive-url=https://web.archive.org/web/20230731013638/https://www.newspapers.com/article/the-charlotte-observer-checkered-flag-fo/129119552/ |archive-date=July 31, 2023 |access-date=July 30, 2023 |work=The Charlotte Observer |pages=1A, [https://www.newspapers.com/article/the-charlotte-observer-checkered-flag-fo/129119865/ 8A] |via=Newspapers.com}} Although Smith claimed that he offered Wheeler a consulting job and that Wheeler himself hoped for a part-time position,{{Cite web |last=Newton |first=David |date=May 21, 2008 |title=Humpy Wheeler kicked out before his time was really up |url=https://www.espn.com/racing/nascar/cup/columns/story?columnist=newton_david&id=3406569 |access-date=July 30, 2023 |website=ESPN |language=en |archive-date=July 31, 2023 |archive-url=https://web.archive.org/web/20230731011139/https://www.espn.com/racing/nascar/cup/columns/story?columnist=newton_david&id=3406569 |url-status=live }}{{Cite web |last=Bonkowski |first=Jerry |date=May 21, 2008 |title=Humpy's sad farewell |url=https://sports.yahoo.com/news/humpys-sad-farewell-200400114--nascar.html |access-date=July 30, 2023 |website=Yahoo! Sports |language=en-US |archive-date=July 31, 2023 |archive-url=https://web.archive.org/web/20230731011140/https://sports.yahoo.com/news/humpys-sad-farewell-200400114--nascar.html |url-status=live }} Wheeler ultimately left all track duties related to CMS. Wheeler was replaced by Marcus Smith, one of Smith's sons.{{Cite news |last=Poole |first=David |date=May 29, 2008 |title=Smith picks son to lead speedway, firm |url=https://www.newspapers.com/article/the-charlotte-observer-smith-picks-son-t/138289848/ |access-date=January 7, 2024 |work=The Charlotte Observer |pages=1D, [https://www.newspapers.com/article/the-charlotte-observer-smith-picks-son-t/138289863/ 2D] |via=Newspapers.com |archive-date=January 8, 2024 |archive-url=https://web.archive.org/web/20240108062843/https://www.newspapers.com/article/the-charlotte-observer-smith-picks-son-t/138289848/ |url-status=live }} In 2009, corporate sponsor Lowe's ended its eleven-year partnership with the track, which reverted back to the "Charlotte Motor Speedway" name.{{Cite news |last=Valle |first=Kirsten |date=August 7, 2009 |title=Concord track will be renamed – but what? |url=https://www.newspapers.com/article/the-charlotte-observer-concord-track-wil/138576257/ |access-date=January 12, 2024 |work=The Charlotte Observer |pages=1D, [https://www.newspapers.com/article/the-charlotte-observer-concord-track-wil/138576273/ 4D] |via=Newspapers.com |archive-date=January 12, 2024 |archive-url=https://web.archive.org/web/20240112165700/https://www.newspapers.com/article/the-charlotte-observer-concord-track-wil/138576257/ |url-status=live }}

File:Roval Backstretch Pace Lap 2018.jpg

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{{Cite web |last=Whisenant |first=David |date=December 12, 2015 |title=Charlotte Motor Speedway pulling out 41,000 seats, eliminating Diamond Tower Terrace |url=https://www.wbtv.com/story/27608015/charlotte-motor-speedway-pulling-out-41000-seats-eliminating-diamond-tower-terrace |access-date=February 3, 2024 |website=WBTV |language=en |archive-date=February 7, 2024 |archive-url=https://web.archive.org/web/20240207003150/https://www.wbtv.com/story/27608015/charlotte-motor-speedway-pulling-out-41000-seats-eliminating-diamond-tower-terrace/ |url-status=live }} and an unspecified amount of seats in 2017.{{Cite web |last=Peralta |first=Katherine |date=March 20, 2017 |title=NASCAR fans may notice some changes soon at Charlotte Motor Speedway |url=https://www.charlotteobserver.com/news/business/article139596993.html |url-access=subscription |access-date=February 3, 2024 |website=The Charlotte Observer |archive-date=July 25, 2019 |archive-url=https://web.archive.org/web/20190725000426/https://www.charlotteobserver.com/news/business/article139596993.html |url-status=live }} 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.{{Cite news |last=Janes |first=Théoden |date=August 13, 2017 |title=The true story behind the fictional movie about the Charlotte Motor Speedway heist |url=https://www.newspapers.com/article/the-charlotte-observer-the-true-story-be/140216718/ |access-date=February 3, 2024 |work=The Charlotte Observer |pages=1C, [https://www.newspapers.com/article/the-charlotte-observer-the-true-story-be/140216734/ 2C] |via=Newspapers.com |archive-date=February 4, 2024 |archive-url=https://web.archive.org/web/20240204061759/https://www.newspapers.com/article/the-charlotte-observer-the-true-story-be/140216718/ |url-status=live }} 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.{{Cite web |last=Spanberg |first=Erik |date=September 13, 2019 |title=How he's building Charlotte Motor Speedway for the future |url=https://www.bizjournals.com/charlotte/news/2019/09/13/how-he-s-building-charlotte-motor-speedway-for-the.html |access-date=February 2, 2024 |website=Charlotte Business Journal}} 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.{{Cite news |last=Davison |first=Drew |date=October 1, 2020 |title=Texas Motor Speedway to host NASCAR All-Star Race in 2021 |url=https://www.newspapers.com/article/fort-worth-star-telegram-texas-motor-spe/138458366/ |archive-url=https://web.archive.org/web/20240119161110/https://www.newspapers.com/article/fort-worth-star-telegram-texas-motor-spe/138458366/ |archive-date=January 19, 2024 |access-date=January 19, 2024 |work=Fort Worth Star-Telegram |pages=1B, [https://www.newspapers.com/article/fort-worth-star-telegram-texas-motor-spe/138458393/ 3B] |via=Newspapers.com |url-status=live }}

CMS has seen numerous renovations and additions since the 2010s. In 2011, Marcus directed the construction of a {{convert|200|by|800|ft|adj=on}} television screen on the track's backstretch, demolishing old seats in the process.{{Cite news |last=Fowler |first=Scott |date=May 11, 2011 |title=Speedway's hi-def TV a def must-see |url=https://www.newspapers.com/article/the-charlotte-observer-speedways-hi-def/138578385/ |access-date=January 12, 2024 |work=The Charlotte Observer |pages=1C, [https://www.newspapers.com/article/the-charlotte-observer-speedways-hi-def/138578418/ 2C] |via=Newspapers.com |archive-date=January 12, 2024 |archive-url=https://web.archive.org/web/20240112165651/https://www.newspapers.com/article/the-charlotte-observer-speedways-hi-def/138578385/ |url-status=live }} In 2015, the track's barriers were renovated in response to Kyle Busch's injury at the Daytona International Speedway in February.{{Cite news |last=Person |first=Joesph |date=May 24, 2015 |title=Charlotte adding safety measures |url=https://www.newspapers.com/article/the-charlotte-observer-charlotte-adding/139995763/ |access-date=February 4, 2024 |work=The Charlotte Observer |pages=8B |via=Newspapers.com |archive-date=February 4, 2024 |archive-url=https://web.archive.org/web/20240204205329/https://www.newspapers.com/article/the-charlotte-observer-charlotte-adding/139995763/ |url-status=live }} In 2023, officials announced plans to build a dedicated road course.{{Cite web |last=Ackley |first=J. A. |date=April 19, 2023 |title=Plans for a new road course at Charlotte Motor Speedway |url=https://grassrootsmotorsports.com/news/plans-for-a-new-road-course-at-charlotte-motor-speedway/ |access-date=February 4, 2024 |website=Grassroots Motorsports |archive-date=February 5, 2024 |archive-url=https://web.archive.org/web/20240205051612/https://grassrootsmotorsports.com/news/plans-for-a-new-road-course-at-charlotte-motor-speedway/ |url-status=live }}

{{See also|Coca-Cola 600|Bank of America Roval 400|NASCAR All-Star Race}}

File:2024 Coca-Cola 600 third stage from frontstretch.jpegAs of 2025, Charlotte Motor Speedway hosts two annual NASCAR weekends: 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.{{Cite news |last=Einstein |first=Tom |date=June 19, 1960 |title=Grueling World 600 set at Charlotte Speedway today |url=https://www.newspapers.com/article/news-and-record-grueling-world-600-set-a/140137480/ |url-status=live |archive-url=https://web.archive.org/web/20240203032630/https://www.newspapers.com/article/news-and-record-grueling-world-600-set-a/140137480/ |archive-date=February 3, 2024 |access-date=February 2, 2024 |work=News & Record |pages=B2, [https://www.newspapers.com/article/news-and-record-grueling-world-600-set-a/140137544/ B5] |via=Newspapers.com}}{{Cite news |last=Cunningham |first=George |date=June 19, 1960 |title=600 reality today, if track holds |url=https://www.newspapers.com/article/the-charlotte-observer-600-reality-today/140138122/ |url-status=live |archive-url=https://web.archive.org/web/20240203032628/https://www.newspapers.com/article/the-charlotte-observer-600-reality-today/140138122/ |archive-date=February 3, 2024 |access-date=February 2, 2024 |work=The Charlotte Observer |pages=1B, [https://www.newspapers.com/article/the-charlotte-observer-600-reality-today/140138160/ 6B] |via=Newspapers.com}} It is now considered a "Crown Jewel" event on the NASCAR schedule.{{Cite web |last=Martin |first=Ken |date=May 27, 2021 |title=How the Coca-Cola 600 became a crown jewel event for NASCAR |url=https://www.nascar.com/news-media/2021/05/27/how-the-coca-cola-600-became-a-crown-jewel-event-for-nascar/ |url-status=live |archive-url=https://web.archive.org/web/20240203031126/https://www.nascar.com/news-media/2021/05/27/how-the-coca-cola-600-became-a-crown-jewel-event-for-nascar/ |archive-date=February 3, 2024 |access-date=February 2, 2024 |website=NASCAR}}

The Bank of America 500 was originally a {{Convert|500|mi}} race held in October, first run in 1960.{{Cite news |last=Cunningham |first=George |date=June 29, 1960 |title=Speedway slates October 400-miler |url=https://www.newspapers.com/article/the-charlotte-observer-speedway-slates-o/140218002/ |url-status=live |archive-url=https://web.archive.org/web/20240204061753/https://www.newspapers.com/article/the-charlotte-observer-speedway-slates-o/140218002/ |archive-date=February 4, 2024 |access-date=February 3, 2024 |work=The Charlotte Observer |pages=4B |via=Newspapers.com}} In 1966, the race distance was increased to {{Convert|501|mi}}, a format that remained until 2018.{{Cite news |last=Moore |first=Bob |date=December 19, 1965 |title=National 400 race goes to 500 miles |url=https://www.newspapers.com/article/the-charlotte-observer-national-400-race/140218622/ |url-status=live |archive-url=https://web.archive.org/web/20240204061758/https://www.newspapers.com/article/the-charlotte-observer-national-400-race/140218622/ |archive-date=February 4, 2024 |access-date=February 3, 2024 |work=The Charlotte Observer |pages=1D, [https://www.newspapers.com/article/the-charlotte-observer-national-400-race/140218645/ 4D] |via=Newspapers.com}} To address declining attendance, the 2018 race was shortened to {{Convert|250|mi}} and shifted to a specialized "Roval" course.{{cite web |last=Utter |first=Jim |date=July 4, 2018 |title=NASCAR Cup race on Charlotte Roval to see length reduced |url=http://www.motorsport.com/nascar-cup/news/nascar-cup-race-on-charlotte-roval-to-see-length-reduced-1055709/ |url-status=dead |archive-url=https://web.archive.org/web/20180705094314/https://www.motorsport.com/nascar-cup/news/nascar-cup-race-on-charlotte-roval-to-see-length-reduced-1055709/ |archive-date=July 5, 2018 |access-date=July 8, 2018 |website=Motorsport.com}}{{Cite web |last=Fryer |first=Jenna |date=October 4, 2018 |title='Roval' a smashing success for all except Johnson |url=https://www.statesman.com/story/sports/nascar/2018/10/05/roval-smashing-success-for-all-except-johnson/9701841007/ |url-status=live |archive-url=https://web.archive.org/web/20240108010336/https://www.statesman.com/story/sports/nascar/2018/10/05/roval-smashing-success-for-all-except-johnson/9701841007/ |archive-date=January 8, 2024 |access-date=January 7, 2024 |website=Austin American-Statesman |language=en-US |agency=Associated Press}} In 2020, a one-off third points paying race was held on the oval configuration, alongside the Coca-Cola 600 and the annual "roval" event.{{cite web |last1=Norris |first1=Brad |title=NASCAR realigns 2020 schedule, shifts events from Chicagoland, Richmond, Sonoma |url=https://www.nascar.com/news-media/2020/05/08/nascar-2020-schedule-realignment-chicagoland-richmond-sonoma/ |accessdate=May 18, 2020 |website=NASCAR.com}} In addition to its NASCAR Cup Series races, CMS also hosts lower-tier NASCAR Xfinity Series and NASCAR Truck Series events on both the oval and roval layouts as support races for the Cup Series.{{cite web |date=September 29, 2021 |title=Back to the Future: New venues, return of familiar locations highlight 2022 NASCAR Xfinity Series, NASCAR Camping World Truck Series slates |url=https://www.nascar.com/news-media/2021/09/29/back-to-the-future-new-venues-return-of-familiar-locations-highlight-2022-nascar-xfinity-series-nascar-camping-world-truck-series-slates/ |access-date=May 27, 2022 |website=NASCAR}}

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.{{Cite news |last=Higgins |first=Tom |date=January 15, 1985 |title=Charlotte to host $500,000 race |url=https://www.newspapers.com/article/the-charlotte-observer-charlotte-to-host/129465972/ |url-status=live |archive-url=https://web.archive.org/web/20230807233846/https://www.newspapers.com/article/the-charlotte-observer-charlotte-to-host/129465972/ |archive-date=August 7, 2023 |access-date=August 5, 2023 |work=The Charlotte Observer |pages=3B, [https://www.newspapers.com/article/the-charlotte-observer-charlotte-to-host/129465979/ 4B] |via=Newspapers.com}} From 1987 to 2020, Charlotte Motor Speedway hosted the event annually, with periodic changes to its format and eligibility rules.{{Cite web |last=Pearce |first=Al |date=May 18, 2023 |title=NASCAR All-Star Race format, history, and what's right (and wrong) with All-Star concept |url=https://www.autoweek.com/racing/nascar/a43922408/nascar-all-star-race-format-history-whats-right-and-wrong-with-the-all-star-concept/ |url-status=live |archive-url=https://web.archive.org/web/20240204061753/https://www.autoweek.com/racing/nascar/a43922408/nascar-all-star-race-format-history-whats-right-and-wrong-with-the-all-star-concept/ |archive-date=February 4, 2024 |access-date=February 3, 2024 |website=Autoweek}} In 2020, the race was relocated to Bristol Motor Speedway.{{Cite web |last=Armstrong |first=Megan |date=June 15, 2020 |title=2020 NASCAR All-Star Race Moved to Bristol Motor Speedway; 30K Fans Permitted |url=https://bleacherreport.com/articles/2896341-2020-nascar-all-star-race-moved-to-bristol-motor-speedway-30k-fans-permitted |url-status=live |archive-url=https://web.archive.org/web/20240204061753/https://bleacherreport.com/articles/2896341-2020-nascar-all-star-race-moved-to-bristol-motor-speedway-30k-fans-permitted |archive-date=February 4, 2024 |access-date=February 3, 2024 |website=Bleacher Report |language=en}}

{{See also|VisionAire 500K}}

In late 1979, the United States Auto Club (USAC) announced plans to run a {{Convert|500|km|mi}} race in October 1980.{{cite news |last=Miller |first=Robin |author-link=Robin Miller (journalist) |date=December 27, 1979 |title=USAC announces 1980 schedule |url=https://www.newspapers.com/clip/5716090// |access-date=June 29, 2016 |newspaper=The Indianapolis Star |page=31 |via=Newspapers.com}} However, the race was canceled in April due to an agreement with USAC and Championship Auto Racing Teams (CART).{{Cite news |date=April 23, 1980 |title='Champ' race cancelled |url=https://www.newspapers.com/article/the-charlotte-observer-champ-race-canc/140219618/ |url-status=live |archive-url=https://web.archive.org/web/20240204061756/https://www.newspapers.com/article/the-charlotte-observer-champ-race-canc/140219618/ |archive-date=February 4, 2024 |access-date=February 3, 2024 |work=The Charlotte Observer |pages=4B |via=Newspapers.com}} In December 1996, IndyCar announced plans for a race to be held in July 1997.{{Cite news |last=Bonnell |first=Rick |date=December 15, 1996 |title=Charlotte to stage IRL race on July 26 |url=https://www.newspapers.com/article/the-charlotte-observer-charlotte-to-stag/129490643/ |archive-url=https://web.archive.org/web/20230807233841/https://www.newspapers.com/article/the-charlotte-observer-charlotte-to-stag/129490643/ |archive-date=August 7, 2023 |access-date=August 5, 2023 |work=The Charlotte Observer |pages=1G |via=Newspapers.com |url-status=live }} The race ran for three years; the last race was canceled after an accident caused flying debris that killed three spectators.

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.{{Cite news |last=Utter |first=Jim |date=April 2, 2000 |title=Panoz makes run at BMW |url=https://www.newspapers.com/article/the-charlotte-observer-panoz-makes-run-a/140413911/ |access-date=February 6, 2024 |work=The Charlotte Observer |pages=11H |via=Newspapers.com |archive-date=February 6, 2024 |archive-url=https://web.archive.org/web/20240206235755/https://www.newspapers.com/article/the-charlotte-observer-panoz-makes-run-a/140413911/ |url-status=live }} The race was last run in 2020 by the IMSA SportsCar Championship.{{Cite web |last=Ryan |first=Nate |date=October 10, 2020 |title=Corvette duo of Antonio Garcia and Jordan Taylor win again at Charlotte Roval |url=https://www.nbcsports.com/motor-sports/news/imsa-antonio-garcia-jordan-taylor-roval-corvette |access-date=February 7, 2024 |website=NBC Sports |language=en-US |archive-date=February 7, 2024 |archive-url=https://web.archive.org/web/20240207045204/https://www.nbcsports.com/motor-sports/news/imsa-antonio-garcia-jordan-taylor-roval-corvette |url-status=live }}

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.{{Cite news |last=Eichel |first=Henry |date=August 11, 1974 |title=Thousands jam rock fest |url=https://www.newspapers.com/article/the-charlotte-observer-thousands-jam-roc/140046697/ |url-status=live |archive-url=https://web.archive.org/web/20240202010222/https://www.newspapers.com/article/the-charlotte-observer-thousands-jam-roc/140046697/ |archive-date=February 2, 2024 |access-date=February 1, 2024 |work=The Charlotte Observer |pages=1A, [https://www.newspapers.com/article/the-charlotte-observer-thousands-jam-roc/140046726/ 12A] |via=Newspapers.com}}{{Cite web |last=Domecq |first=Cailyn |date=March 7, 2022 |title=Woodstock, part 2? Fans remember massive rock concert at Charlotte Motor Speedway |url=https://www.charlotteobserver.com/entertainment/article259030373.html |url-access=subscription |url-status=live |archive-url=https://archive.today/20240526171231/https://www.charlotteobserver.com/entertainment/article259030373.html |archive-date=May 26, 2024 |access-date=February 1, 2024 |website=The Charlotte Observer |agency=UNC Media Hub}} 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.{{Cite news |last=Sifford |first=Darrell |date=August 15, 1974 |title=Rock violence |url=https://www.newspapers.com/article/the-charlotte-news-rock-violence-part-1/140277549/ |url-status=live |archive-url=https://web.archive.org/web/20240205015837/https://www.newspapers.com/article/the-charlotte-news-rock-violence-part-1/140277549/ |archive-date=February 5, 2024 |access-date=February 4, 2024 |work=The Charlotte Observer |pages=1A, [https://www.newspapers.com/article/the-charlotte-news-rock-violence-part-2/140277608/ 6A] |via=Newspapers.com}}

From 2013 to 2018, the facility held the Carolina Rebellion festival.{{Cite web |last=Hahne |first=Jeff |date=February 1, 2013 |title=Carolina Rebellion music festival announces 2013 lineup |url=https://clclt.com/theclog/archives/2013/02/01/carolina-rebellion-music-festival-announces-2013-lineup |access-date=February 1, 2024 |website=Creative Loafing Charlotte |language=en |archive-date=February 2, 2024 |archive-url=https://web.archive.org/web/20240202003354/https://clclt.com/theclog/archives/2013/02/01/carolina-rebellion-music-festival-announces-2013-lineup |url-status=live }}{{Cite web |date=November 30, 2018 |title='Epicenter Festival' to replace 'Carolina Rebellion' in 2019 |url=https://www.theprp.com/2018/11/30/news/epicenter-festival-to-replace-carolina-rebellion-in-2019/ |url-status=live |archive-url=https://web.archive.org/web/20240202003349/https://www.theprp.com/2018/11/30/news/epicenter-festival-to-replace-carolina-rebellion-in-2019/ |archive-date=February 2, 2024 |access-date=February 1, 2024 |website=The PRP |language=en-US}} Since 2021, CMS has hosted a branch of the touring Breakaway Festival.{{Cite web |last=Desmond |first=Colin |date=October 4, 2021 |title=Fesitival highlights: Breakaway Charlotte 2021 lights up the speedway |url=https://www.tunedmag.com/post/festival-highlights-breakaway-charlotte-2021-lights-up-the-speedway |url-status=live |archive-url=https://web.archive.org/web/20240202003349/https://www.tunedmag.com/post/festival-highlights-breakaway-charlotte-2021-lights-up-the-speedway |archive-date=February 2, 2024 |access-date=February 1, 2024 |website=Tuned Magazine |language=en}} In 2024, the organizers of the Breakaway Festival also planned a second show at the facility, tailored for EDM.{{Cite web |last=Korynta |first=Emma |date=January 18, 2024 |title=Breakaway Presents: Another World coming to the Charlotte Motor Speedway |url=https://www.wcnc.com/article/news/entertainment-news/breakaway-another-world-charlotte-motor-speedway-festival/275-48cb66ed-8525-448e-9a74-9c1c919735da |access-date=February 1, 2024 |website=WCNC-TV |language=en-US |archive-date=April 27, 2024 |archive-url=https://web.archive.org/web/20240427165448/https://www.wcnc.com/article/news/entertainment-news/breakaway-another-world-charlotte-motor-speedway-festival/275-48cb66ed-8525-448e-9a74-9c1c919735da |url-status=live }} That same year, CMS officials also announced that the speedway would host the inaugural edition of the Lovin' Life Music Fest.{{Cite web |last=Blackmon |first=Chyna |date=January 25, 2024 |title=1 weekend. 3 music festivals. How will Lovin' Life Music Fest in Charlotte compare? |url=https://www.charlotteobserver.com/charlottefive/c5-things-to-do/article284543440.html |url-access=subscription |access-date=February 1, 2024 |website=The Charlotte Observer |archive-date=April 27, 2024 |archive-url=https://web.archive.org/web/20240427165729/https://www.charlotteobserver.com/charlottefive/c5-things-to-do/article284543440.html |url-status=live }}

CMS hosts an annual Christmas-themed drive-thru lights show, a tradition that started in 2010.{{Cite news |last=Marusak |first=Joe |date=September 17, 2010 |title=Christmas lights to shine at speedway |url=https://www.newspapers.com/article/the-charlotte-observer-christmas-lights/138576758/ |access-date=January 12, 2024 |work=The Charlotte Observer |pages=10A, [https://www.newspapers.com/article/the-charlotte-observer-christmas-lights/138576790/ 11A] |via=Newspapers.com |archive-date=January 12, 2024 |archive-url=https://web.archive.org/web/20240112165651/https://www.newspapers.com/article/the-charlotte-observer-christmas-lights/138576758/ |url-status=live }} In the wake of the COVID-19 pandemic, the track hosted high school graduations for 10 high schools within the Cabarrus County area.{{Cite web |date=June 13, 2020 |title=Graduations Held at Charlotte Motor Speedway |url=https://spectrumlocalnews.com/nc/charlotte/news/2020/06/13/cabarrus-county-high-school-graduations-held-at-charlotte-motor-speedway |access-date=February 1, 2024 |website=Spectrum News 1 North Carolina |language=en |archive-date=February 2, 2024 |archive-url=https://web.archive.org/web/20240202003350/https://spectrumlocalnews.com/nc/charlotte/news/2020/06/13/cabarrus-county-high-school-graduations-held-at-charlotte-motor-speedway |url-status=live}}

In February 1961, track officials wished to host a National Football League (NFL) exhibition game between the Washington Redskins and the Philadelphia Eagles;{{Cite news |last=Cunningham |first=George |date=February 2, 1961 |title='Skins want 'money' Friday |url=https://www.newspapers.com/article/the-charlotte-observer-skins-want-mone/140327360/ |url-status=live |archive-url=https://web.archive.org/web/20240205205755/https://www.newspapers.com/article/the-charlotte-observer-skins-want-mone/140327360/ |archive-date=February 5, 2024 |access-date=February 5, 2024 |work=The Charlotte Observer |pages=5B |via=Newspapers.com}} however, the deal fell through when Smith found terms from Redskins owner George Preston Marshall to be unreasonable.{{Cite news |last=Kelley |first=Whitey |date=February 12, 1961 |title=Marshall must give a little |url=https://www.newspapers.com/article/the-charlotte-observer-marshall-must-giv/140327383/ |url-status=live |archive-url=https://web.archive.org/web/20240205205751/https://www.newspapers.com/article/the-charlotte-observer-marshall-must-giv/140327383/ |archive-date=February 5, 2024 |access-date=February 5, 2024 |work=The Charlotte Observer |pages=5D |via=Newspapers.com}}

As of October 2024, the fastest official race lap records at the Charlotte Motor Speedway are listed as:

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