May 14 (Reuters) - Race track owner Speedway Motorsports
Inc (TRK.N: Quote, Profile, Research) on Thursday sold $266.27 million (proceeds) of
seven-year senior notes at a discount in the 144a private
placement market, said IFR, a Thomson Reuters service.

The size of the deal was increased from an originally
planned $250 million (face amount).

Bank of America, JP Morgan, and Wachovia were the joint
bookrunning managers for the sale.
BORROWER: SPEEDWAY MOTORSPORTS INC
AMT $266.27 MLN(PRCDS)* COUPON 8.75 PCT MATURITY 6/1/2016
TYPE SR NOTES ISS PRICE 96.826 FIRST PAY 12/1/2009
MOODY'S Ba1 YIELD 9.375 PCT SETTLEMENT 5/19/2009
S&P DOUBLE-B SPREAD 678 BPS/ PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS NON-CALLABLE 4 YEARS
* $275 MLN FACE AMOUNT