Item 8.01. Other Events.

On December 31, 2008, Speedway Motorsports, Inc. (the "Company") issued a press release announcing the completion of its acquisition of Kentucky Speedway. The press release is attached hereto as Exhibit 99.1 and is incorporated by reference into this Item 8.01.

The acquisition was funded with available cash in the approximate amount of $63 million. The Company also will pay $7.5 million payable in sixty (60) monthly installments of $125,000 beginning thirty (30) days after closing, and a contingent payment of an additional $7.5 million (the "Contingent Payment"). The Contingent Payment would be paid in sixty (60) monthly installments of $125,000 beginning on the first day of the month following the satisfaction of specified conditions.

(d) Exhibits.

Exhibit No. Description
99.1 Press release dated December 31, 2008

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