Speedway Motorsports has reached an agreement to purchase Dover Motorsports, Inc.On Monday night, both organizations jointly announced a deal that sees Speedway Motorsports acquire the company that operates Dover International Speedway and Nashville Superspeedway for $3.61 per share in cash for an approximate total equity value of $131.5 million. Dover...

Dover Motorsports, Inc., whose subsidiaries own and operate Nashville Superspeedway, has announced it has "entered into a definitive agreement" to sell the Nashville facility to Panattoni Development Company, an international commercial real estate development company that specializes in industrial, office and build-to-suit projects.Under the terms of the agreement, Dover Motorsports...

The Lebanon Democrat reports that doubts are spreading about prospects for the resumption of racing at Nashvile SuperSpeedway under new ownership, after a seventh deadline failed to be met for finalizing the sale by its current owners, Dover Motorsports.Last May, Robb Sexton – CEO of global technology company NeXovation –...