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Posted April 20. 2018 4:35PM

Speedway Motorsports starting their engines for a dark horse turnaround

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Speedway Motorsports, Inc. (NYSE:TRK) represents an interesting long opportunity with asymmetrical risk vs. reward. The company’s stock has moved downward in tandem with the decline in NASCAR popularity. What investors fail to realize is TRK is not necessarily dependent on NASCAR to create value for its shareholders. The company has accumulated a valuable asset base comprised of racetracks, condominium properties, and vast acres of land.