Speedway Motorsports say Nashville area can handle two Cup races

Successful negotiations to bring NASCAR to Nashville could … revive a deal between Speedway Motorsports, which acquired the Wilson County speedway (confusingly named the Nashville Superspeedway) in 2021, and real estate giant Panattoni.

The latter built a massive logistics hub around the racetrack in recent years and bought and developed a 147-acre chunk of land directly from the racetrack for $5 million in 2018. Promotional materials around that time — before NASCAR returned to the area, when the track’s future was uncertain — list the racetrack itself as “Phase 4” of Panattoni’s Speedway Industrial Park.

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If granted a new Cup Series race in Nashville’s urban backdrop, Speedway Motorsports would have a valuable real estate asset to offload to Panattoni, a proven buyer. The track operator could also consolidate two proximate Cup Series races into one.

“Nashville’s a big enough market from a motorsports standpoint to support multiple cup races a year,” says Matthew Kuhn, a spokesperson for Speedway Motorsports. “Historically, Talladega, Daytona and larger motorsports markets have two races a year.”

See more at Nashville Scene.