Tom Smith - Speedway Motorsports Independent Director

Director

Mr. Tom E. Smith is an Independent Director of the Company. Mr. Smith retired from Food Lion Stores, Inc. in 1999, after a distinguished 29year career with that company, which included serving as Chief Executive Officer and President. Mr. Smith served as a director of Farmers and Merchants Bank through 2018, and served as a director of CT Communications, Inc. until its acquisition by Windstream Communications in 2007. Mr. Smiths experience as Chief Executive Officer of Food Lion, a major participant in sports marketing, along with his other experiences serving on public company boards, led the Board to conclude that he is qualified to serve as a Board member. since 2001.
Age 76
Tenure 23 years
Phone704 455-3239
Webwww.speedwaymotorsports.com
Smith currently serves as a director of Farmers and Merchants Bank, and served as a director of CT Communications, Inc. from 1999 until its acquisition by Windstream Communications in 2007.

Speedway Motorsports Management Efficiency

Speedway Motorsports' management efficiency ratios could be used to measure how well Speedway Motorsports manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 200.38 M in debt with debt to equity (D/E) ratio of 21.1, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Speedway Motorsports has a current ratio of 1.73, which is typical for the industry and considered as normal. Debt can assist Speedway Motorsports until it has trouble settling it off, either with new capital or with free cash flow. So, Speedway Motorsports' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Speedway Motorsports sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Speedway to invest in growth at high rates of return. When we think about Speedway Motorsports' use of debt, we should always consider it together with cash and equity.

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Speedway Motorsports, Inc., through its subsidiaries, promotes, markets, and sponsors motorsports activities in the United States. Speedway Motorsports, Inc. is a subsidiary of Sonic Financial Corporation. Speedway Motorsports operates under Leisure classification in USA and is traded on New York Stock Exchange. It employs 748 people. Speedway Motorsports (TRK) is traded on New York Stock Exchange in USA and employs 748 people.

Management Performance

Speedway Motorsports Leadership Team

Elected by the shareholders, the Speedway Motorsports' board of directors comprises two types of representatives: Speedway Motorsports inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Speedway. The board's role is to monitor Speedway Motorsports' management team and ensure that shareholders' interests are well served. Speedway Motorsports' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Speedway Motorsports' outside directors are responsible for providing unbiased perspectives on the board's policies.
William Gossage, President of Texas Motor Speedway Inc.
James Holden, Lead Independent Director
Edwin Clark, President of AMS and General Manager of AMS
Russell Powell, President of Las Vegas Motor Speedway, LLC
Tom Smith, Independent Director
Ollen Smith, Executive Chairman of the Board
Gregory Walter, Executive Vice President of CMS
William Brooks, Vice Chairman, CFO, Principal Accounting Officer and Treasurer
Marcus Smith, President, Chief Executive Officer, Director
Scott Smith, Independent Director
Jerry Caldwell, Executive Vice President and General Manager of Bristol Motor Speedway, LLC
Mark Simendinger, Executive Vice President and General Manager of Kentucky Speedway
Brandon Hutchison, Executive Vice President and General Manager of AMS
Bernard Byrd, Independent Director
Bruton Smith, Executive Chairman
D Hutchison, Executive Vice President and General Manager of AMS
Stephen Page, President and General Manager of Sonoma
David McGrath, Executive Vice President and General Manager of New Hampshire Motor Speedway
Mark Gambill, Independent Director
B Smith, Director

Speedway Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Speedway Motorsports a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Speedway Motorsports in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Speedway Motorsports' short interest history, or implied volatility extrapolated from Speedway Motorsports options trading.

Currently Active Assets on Macroaxis

Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Other Consideration for investing in Speedway Stock

If you are still planning to invest in Speedway Motorsports check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Speedway Motorsports' history and understand the potential risks before investing.
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