Employment anchors · employer gathering place
Homestead Miami Speedway
motorsports track and event venue · Homestead
- Opened
- 1995
- Community
- Homestead · municipality
- Status as of 11 September 2026
- operating
- Historical state
- post Andrew
- Connections
- 5 edges, 5 distinct neighbours · betweenness 0.027 (rank 19 of 371) · moves and capital only 0.000 (rank 21)
- Confidence
- Medium · sources: [J5] (register) · source upgrade flagged
Promoter Ralph Sanchez begins the project in 1991 as a permanent home for the Grand Prix of Miami and Homestead recruits it as a recovery project after Hurricane Andrew. The track opens on 3 November 1995 with Wayne Huizenga providing a $20 million loan for a minority stake. International Speedway Corporation and Penske Motorsports each buy 40 percent in July 1997, ISC reaches a 90 percent stake in 1999 and takes full control in September 2001, and the track hosts the NASCAR Cup Series finale from 2002 through 2019. NASCAR takes over the lease in October 2019 and the championship weekend returns in 2026.
Detail: 43,000 seats (2019); 1.5 mile oval reconfigured 2003
Connections
Moves, founders, developers
- founded byRalph SanchezPromoter who planned and built the track1991 to 1995
Lineage
- came out ofHurricane AndrewCity recruited Sanchez's track as a recovery project after the storm1992 to 1995
Plans, funding, partners
- funded byInternational Speedway CorporationControlling interest bought in 19971997 to 2019
Anchors, connections, hosting
- anchorsHomesteadBuilt as the city's post Andrew recovery project1995 to present
- served byHomestead Extension of Florida's TurnpikeSpeedway Boulevard exit 61995 to present
Influence
- shapedHomestead Commerce ParkIndustrial park sited on land west of the speedway2023
Located
- located inHomesteadTrack at SE 38th Avenue in Homestead1995 to present