In yet another example of the current economy??™s impact on the sports ticketing industry, Speedway Motorsports, Inc. (SMI) announced sharp earnings decreases for the fourth quarter of 2009 compared with the same period last year.
The racing track giant, which owns nine tracks and hosts 12 of NASCAR??™s 36 yearly events, reported income for the quarter at $90.5 million, while the same quarter in 2008 brought in $130.6 million. Full Story... Link
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