To meet all of the financial demands outlined above, the Las Vegas Speedway acquires corporate sponsorship for all of their events. Between this corporate sponsorship and the ticket sales, which can range anywhere from $70 to $261.45 per ticket, the speedway can bring in over $50 million per major event (LVMS, 2006). Of course not all the events that are held in the venue are necessarily major.

One way that the Las Vegas Speedway contributes to the Las Vegas local community, besides the generating thousands of jobs both within and without the complex, is that it is open two times a week to local drag racers. This decision was made to help reduce the drag racing activity on the public streets, which was becoming quite a problem for the local authorities, not to mention how dangerous the trend was to the general public (Las Vegas News Bureau, 2005). The smaller tracks also host local and national events like hot rod shows, funny car races, alcohol races, derbies, bracket racing, and specialized car racing. There are also camping facilities for the fans that travel cross-country to attend some of the larger, professional events.

The speedway has...

The Superspeedway hosts all the major events, while the Bullring, the Strip, and the Dirt Track are used for the smaller events and the local activities. The venue also offers tours daily, seven days a week for $8 per person. The tour includes all the facilities on the grounds, and on days when there are no activities going on each tour member gets the opportunity to take a high-speed lap around the Superspeedway track and can take a souvenir photo right on the start/finish line. There are also small accommodations offered like complimentary shuttles from the large parking facility, as well as ample concessions throughout (LVMS, 2006).
References

Las Vegas Motor Speedway (2006). Retrieved on October 3, 2006 at http://www.lvms.com/.

NASCAR (2006). Retrieved on October 3, 2006 at http://www.nascar.com/races/tracks/las/index.html.

Las Vegas News Bureau (2005). Las Vegas Historical Information. Retrieved on October 3, 2006 at http://www.lvol.com/lvoleg/hist/historal.html.

Hilderbrand, B. (2006). "Looking in on motorsports," Las Vegas Sun.

GNEXTELINC (2006). "Las Vegas speedway."…