NASCAR Hall of Fame promoter and track Bruton Smith has died at the age of 95.
FILE - Hall of Fame inductee Bruton Smith entertains the crowd as his son, Marcus Smith, left, looks on during NASCAR Hall of Fame Induction ceremonies in Charlotte, N.C., Saturday, Jan. 23, 2016. Bruton Smith, a North Carolina native and entrepreneur who fell in love with auto racing and parlayed it into a career as an eccentric and successful promoter, died Wednesday, June 22, 2022 of natural causes. He was 95.
Smith instead became an entrepreneur — promoting his first race at age 18 — and became one of the giants in stock car racing. Speedway Motorsports, the company he founded, was the first motorsports company to trade on the New York Stock Exchange and it currently owns 11 facilities across the United States.
Speedway Motorsports also owns and operates a number of subsidiaries. Smith founded Sonic Automotive in early 1997 and took it public 11 months later; in 2000, it was recognized as a Fortune 500 company and has hundreds of dealerships in over 20 states. “I love the racing business. I want to contribute more and more,” Smith said in 2015. “You hear us preach about ‘fan friendly.’ I think that is a driver for me to just do more things. I enjoy the contributions I’ve been able to make to the sport.”
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