Dover Motorsports, Inc. markets and promotes motorsports entertainment in the United States. It owns and operates Dover International Speedway in Dover, Delaware; and Nashville Superspeedway near Nashville, Tennessee. The company was formerly known as Dover Downs Entertainment, Inc. Dover Motorsports, Inc. was founded in 1969 and is based in Dover, Delaware.
IPO Year: 1996
Exchange: NYSE
Website: dovermotorsports.com
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4 - DOVER MOTORSPORTS INC (0001017673) (Issuer)
4 - DOVER MOTORSPORTS INC (0001017673) (Issuer)
4 - DOVER MOTORSPORTS INC (0001017673) (Issuer)
4 - DOVER MOTORSPORTS INC (0001017673) (Issuer)
4 - DOVER MOTORSPORTS INC (0001017673) (Issuer)
4 - DOVER MOTORSPORTS INC (0001017673) (Issuer)
4 - DOVER MOTORSPORTS INC (0001017673) (Issuer)
4 - DOVER MOTORSPORTS INC (0001017673) (Issuer)
4 - DOVER MOTORSPORTS INC (0001017673) (Issuer)
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Speedway Motorsports, LLC ("Speedway Motorsports"), a leading marketer, promoter and sponsor of motorsports entertainment, and Dover Motorsports, Inc. (NYSE:DVD) ("Dover Motorsports") today announced that the companies have entered into a definitive agreement under which Speedway Motorsports has agreed to acquire Dover Motorsports for $3.61 per share in cash for an approximate total equity value of $131.5 million. The transaction was announced today by Speedway Motorsports President and CEO Marcus Smith and Dover Motorsports President and CEO Denis McGlynn. Under the terms of the merger agreement, Speedway Motorsports, through a subsidiary, will initiate a tender offer to acquire all outst
Dover Motorsports, Inc. (NYSE:DVD) today reported its results for the three months ended September 30, 2021. We hosted the Firefly Music Festival on our property during the third quarter of 2021. In 2020, the COVID-19 pandemic forced the cancelation of the Firefly Music Festival and caused all six of our NASCAR races to be held without fans during the third quarter of 2020. Accordingly, the results for the third quarter of 2021 are not comparable to the third quarter of 2020. Revenues for the third quarter of 2021 were $1,238,000 and related primarily to the Firefly Music Festival and other miscellaneous revenues. Revenues for the third quarter of 2020 were $38,044,000 and were almost ent
Dover Motorsports, Inc. (NYSE:DVD) announced today that its Board of Directors declared a semi-annual cash dividend on both classes of common stock of $.04 per share. The dividend will be payable on December 10, 2021 to shareholders of record at the close of business on November 10, 2021. Dover Motorsports, Inc. is a promoter of NASCAR sanctioned motorsports events in the United States whose subsidiaries own and operate Dover International Speedway in Dover, Delaware and Nashville Superspeedway near Nashville, Tennessee. For further information, log on to dovermotorsports.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20211027006011/en/
Dover Motorsports, Inc. (NYSE:DVD) will report its earnings for the third quarter ended September 30, 2021 on the morning of Thursday, October 28, 2021. Commentary from the Company's executive officers relative to the earnings release will be available on the Company's website Thursday morning beginning at 9:00 a.m. ET. To listen to the commentary, please log on to www.dovermotorsports.com, select the investor relations tab and select DVD 3Q21 Earnings Announcement. Dover Motorsports, Inc. is a promoter of NASCAR sanctioned motorsports events whose subsidiaries own and operate Dover International Speedway in Dover, Delaware and own Nashville Superspeedway near Nashville, Tennessee. For fu
ASM Global, the world's leading producer of entertainment experiences, and Nashville Superspeedway, Music City's home for racing and live entertainment, have partnered to bring world-class content to Middle Tennessee and the region. It will be the first auto-racing venue in ASM's extensive global network. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211006005746/en/(Photo: ASM Global / Nashville Superspeedway) ASM will use its extensive experience in creating and delivering major live sports and music experiences including concerts, lifestyle festivals, and drive-thru and walk-thru exhibits in the expansive speedway complex. Na
Dover Motorsports, Inc. (NYSE:DVD) will report its earnings for the second quarter ended June 30, 2021 on the morning of Thursday, July 29, 2021. Commentary from the Company's executive officers relative to the earnings release will be available on the Company's website Thursday morning beginning at 9:00 a.m. ET. To listen to the commentary, please log on to www.dovermotorsports.com, select the investor relations tab and select DVD 2Q21 Earnings Announcement. Dover Motorsports, Inc. is a promoter of NASCAR sanctioned motorsports events whose subsidiaries own and operate Dover International Speedway in Dover, Delaware and own Nashville Superspeedway near Nashville, Tennessee. For further i
Dover Motorsports, Inc. (NYSE:DVD) reports that on May 26, 2021, we closed on the sale of approximately 350 acres of property near our Nashville Superspeedway pursuant to an agreement with an entity owned by Panattoni Development Company. Proceeds from the sale, less closing costs, were approximately $14.35 million. The purchaser had previously paid to us a $500,000 deposit that was credited to the purchase price. Net proceeds after taxes are estimated to be approximately $12 million. None of the acreage sold extends to the land on which our superspeedway is sited and the Company continues to hold approximately 650 acres of commercial real estate, including the superspeedway. Dover Motorsp
Dover Motorsports, Inc. (NYSE Symbol: DVD) announced that the Board of Directors of the Company, at its regularly scheduled quarterly meeting, appointed Anastasia Thomas Nardangeli, as a Director of the Company. Stasia, a graduate of Yale University and University of Maryland School of Law, specializes in business formation, capital raises, financings, corporate governance and mergers and acquisitions. Dover Motorsports, Inc. chairman, Henry B. Tippie stated, "We are pleased to add Stasia as a new independent director. Her legal background and experience representing public and private companies of all sizes will provide valuable perspective and complement our existing Directors' skills a
Dover Motorsports, Inc. (NYSE:DVD) today reported its results for the three months ended March 31, 2021. The Company historically reports a loss in the first quarter due to the seasonality of our motorsports business. No major events were promoted during the first quarter of 2021 or 2020; therefore, our revenues were minimal. Operating and marketing expenses increased to $1,596,000 in the first quarter of 2021 from $988,000 in the first quarter of 2020, primarily from increased and earlier advertising expense. This year's NASCAR weekends are scheduled for May and June whereas they were originally scheduled for May and August last year. General and administrative expenses of $2,255,000 in
Dover Motorsports, Inc. (NYSE:DVD) Board of Directors today declared a semi-annual cash dividend on both classes of common stock of $.04 per share. The dividend will be payable on June 10, 2021 to shareholders of record at the close of business on May 10, 2021. Dover Motorsports, Inc. is a promoter of NASCAR sanctioned motorsports events in the United States whose subsidiaries own and operate Dover International Speedway in Dover, Delaware and Nashville Superspeedway near Nashville, Tennessee. For further information, log on to dovermotorsports.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20210428006074/en/
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Dover Motorsports, Inc. (NYSE Symbol: DVD) announced that the Board of Directors of the Company, at its regularly scheduled quarterly meeting, appointed Anastasia Thomas Nardangeli, as a Director of the Company. Stasia, a graduate of Yale University and University of Maryland School of Law, specializes in business formation, capital raises, financings, corporate governance and mergers and acquisitions. Dover Motorsports, Inc. chairman, Henry B. Tippie stated, "We are pleased to add Stasia as a new independent director. Her legal background and experience representing public and private companies of all sizes will provide valuable perspective and complement our existing Directors' skills a
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Dover Motorsports, Inc. (NYSE:DVD) today reported its results for the three months ended September 30, 2021. We hosted the Firefly Music Festival on our property during the third quarter of 2021. In 2020, the COVID-19 pandemic forced the cancelation of the Firefly Music Festival and caused all six of our NASCAR races to be held without fans during the third quarter of 2020. Accordingly, the results for the third quarter of 2021 are not comparable to the third quarter of 2020. Revenues for the third quarter of 2021 were $1,238,000 and related primarily to the Firefly Music Festival and other miscellaneous revenues. Revenues for the third quarter of 2020 were $38,044,000 and were almost ent
Dover Motorsports, Inc. (NYSE:DVD) announced today that its Board of Directors declared a semi-annual cash dividend on both classes of common stock of $.04 per share. The dividend will be payable on December 10, 2021 to shareholders of record at the close of business on November 10, 2021. Dover Motorsports, Inc. is a promoter of NASCAR sanctioned motorsports events in the United States whose subsidiaries own and operate Dover International Speedway in Dover, Delaware and Nashville Superspeedway near Nashville, Tennessee. For further information, log on to dovermotorsports.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20211027006011/en/
Dover Motorsports, Inc. (NYSE:DVD) today reported its results for the three months ended March 31, 2021. The Company historically reports a loss in the first quarter due to the seasonality of our motorsports business. No major events were promoted during the first quarter of 2021 or 2020; therefore, our revenues were minimal. Operating and marketing expenses increased to $1,596,000 in the first quarter of 2021 from $988,000 in the first quarter of 2020, primarily from increased and earlier advertising expense. This year's NASCAR weekends are scheduled for May and June whereas they were originally scheduled for May and August last year. General and administrative expenses of $2,255,000 in
Dover Motorsports, Inc. (NYSE:DVD) Board of Directors today declared a semi-annual cash dividend on both classes of common stock of $.04 per share. The dividend will be payable on June 10, 2021 to shareholders of record at the close of business on May 10, 2021. Dover Motorsports, Inc. is a promoter of NASCAR sanctioned motorsports events in the United States whose subsidiaries own and operate Dover International Speedway in Dover, Delaware and Nashville Superspeedway near Nashville, Tennessee. For further information, log on to dovermotorsports.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20210428006074/en/
DOVER, Del.--(BUSINESS WIRE)--Dover Motorsports, Inc. (NYSE: DVD) today reported its results for the fourth quarter and year ended December 31, 2020. We held no major events during the fourth quarter this year. During the fourth quarter of 2019, we held our fall NASCAR weekend, which consisted of a K&N Pro Series East event, an Xfinity Series event and a NASCAR Cup Series event. Accordingly, the results for the fourth quarter of 2020 are not comparable to last year. Revenues for the fourth quarter of 2020 were $185,000 compared to $20,794,000 in the fourth quarter of 2019. Operating and marketing expenses were $996,000 in the fourth quarter of 2020 compared to $12,255,000 in the f