Dover Motorsports

Speedway Motorsports Promotes Industry Veteran Matt Greci To Senior Vice President and General Manager at Nashville Superspeedway

Retrieved on: 
Monday, November 28, 2022

CONCORD, N.C., Nov. 28, 2022 /PRNewswire/ -- Speedway Motorsports announced today that motorsports industry executive Matt Greci has been promoted to senior vice president and general manager at Nashville Superspeedway, replacing Erik Moses, who leaves Dec. 2 to become executive director of the Fiesta Bowl.

Key Points: 
  • A long-time Speedway Motorsports executive, Greci replaces Erik Moses, who is leaving NSS for a position with the Fiesta Bowl
    CONCORD, N.C., Nov. 28, 2022 /PRNewswire/ -- Speedway Motorsports announced today that motorsports industry executive Matt Greci has been promoted to senior vice president and general manager at Nashville Superspeedway , replacing Erik Moses, who leaves Dec. 2 to become executive director of the Fiesta Bowl.
  • "It gives me great pleasure to announce Matt Greci as our new senior vice president and general manager at Nashville Superspeedway.
  • No stranger to Speedway Motorsports, Greci relocated to Nashville shortly after the company acquired the 1.33-mile speedway as part of its purchase of Dover Motorsports in 2021.
  • The company, through its subsidiaries, owns and operates the following premier facilities: Atlanta Motor Speedway, Bristol Motor Speedway, Charlotte Motor Speedway, Dover Motor Speedway, Las Vegas Motor Speedway, Nashville Superspeedway, New Hampshire Motor Speedway, Sonoma Raceway, Texas Motor Speedway and Kentucky Speedway.

SHAREHOLDER ALERT: WeissLaw LLP Reminds VG, DRNA, DVD, and COR Shareholders About Its Ongoing Investigations

Retrieved on: 
Wednesday, December 8, 2021

WeissLaw LLPis investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Dicerna Pharmaceuticals, Inc. (NASDAQ: DRNA) in connection with the proposed acquisition DRNA by Novo Nordisk.

Key Points: 
  • WeissLaw LLPis investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Dicerna Pharmaceuticals, Inc. (NASDAQ: DRNA) in connection with the proposed acquisition DRNA by Novo Nordisk.
  • Under the terms of the acquisition agreement, DRNA shareholders will receive $38.25 in cash for each share of DRNA common stock that they hold.
  • If you own DRNA shares and wish to discuss this investigation or your rights, please call us visit our website: https://www.weisslaw.co/news-and-cases/drna .
  • If you own COR shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/cor .

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Reminds Investors of Investigation of DVD, NPTN, RRD, and ROG Buyouts

Retrieved on: 
Tuesday, November 30, 2021

Under the terms of the agreement, Dovers shareholders will receive $3.61 in cash for each share of Dover they own.

Key Points: 
  • Under the terms of the agreement, Dovers shareholders will receive $3.61 in cash for each share of Dover they own.
  • To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-dover-motorsports-inc .
  • Under the terms of the agreement, NeoPhotonics shareholders will receive $16.00 in cash for each share of NeoPhotonics common stock they own.
  • You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected] .

DOVER MOTORSPORTS ALERT: Bragar Eagel & Squire, P.C. Reminds Investors of its Investigation of the Sale of DVD and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, November 20, 2021

On November 8, 2021, Dover Motorsports announced that it had entered into an agreement to be acquired by Speedway Motorsports in a deal worth approximately $131.5 million.

Key Points: 
  • On November 8, 2021, Dover Motorsports announced that it had entered into an agreement to be acquired by Speedway Motorsports in a deal worth approximately $131.5 million.
  • Pursuant to the merger agreement, Dover Motorsports stockholders will receive $3.61 in cash for each share of Dover Motorsports common stock owned.
  • Bragar Eagel & Squire is concerned that Dover Motorsports board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement.
  • Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for Dover Motorsports stockholders.

DOVER MOTORSPORTS ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of DVD and Encourages Investors to Contact the Firm

Retrieved on: 
Tuesday, November 9, 2021

On November 8, 2021, Dover Motorsports announced that it had entered into an agreement to be acquired by Speedway Motorsports in a deal worth approximately $131.5 million.

Key Points: 
  • On November 8, 2021, Dover Motorsports announced that it had entered into an agreement to be acquired by Speedway Motorsports in a deal worth approximately $131.5 million.
  • Pursuant to the merger agreement, Dover Motorsports stockholders will receive $3.61 in cash for each share of Dover Motorsports common stock owned.
  • Bragar Eagel & Squire is concerned that Dover Motorsports board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement.
  • Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for Dover Motorsports stockholders.

Speedway Motorsports to Acquire Dover Motorsports, Inc.

Retrieved on: 
Monday, November 8, 2021

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.

Key Points: 
  • 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 Company, through its subsidiaries, owns and operates the following premier facilities: Atlanta Motor Speedway, Bristol Motor Speedway, Charlotte Motor Speedway, Las Vegas Motor Speedway, New Hampshire Motor Speedway, Sonoma Raceway, Texas Motor Speedway and Kentucky Speedway.
  • NASCAR events will take place in 2022 at the following Speedway Motorsports venues: Texas Motor Speedway, Sonoma Raceway, Atlanta Motor Speedway, New Hampshire Motor Speedway, Charlotte Motor Speedway, Las Vegas Motor Speedway, Bristol Motor Speedway and at the two Dover Motorsports properties in Dover and Nashville.
  • This press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, related to Speedway Motorsports, Dover Motorsports and the acquisition of Dover Motorsports by Speedway Motorsports (the Transaction) that are subject to risks, uncertainties and other factors.

Dover Motorsports, Inc. Reports Results for the Third Quarter Of 2021

Retrieved on: 
Thursday, October 28, 2021

We hosted the Firefly Music Festival on our property during the third quarter of 2021.

Key Points: 
  • We hosted the Firefly Music Festival on our property during the third quarter of 2021.
  • 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 entirely related to the six NASCAR events held during the quarter.

Dover Motorsports, Inc. Declares Dividend

Retrieved on: 
Wednesday, October 27, 2021

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.

Key Points: 
  • 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 .

Dover Motorsports, Inc. Announces Third Quarter 2021 Earnings Release Date

Retrieved on: 
Thursday, October 21, 2021

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.

Key Points: 
  • 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 Companys executive officers relative to the earnings release will be available on the Companys website Thursday morning beginning at 9:00 a.m.
  • 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.

Dover Motorsports, Inc. Announces Second Quarter 2021 Earnings Release Date

Retrieved on: 
Thursday, July 22, 2021

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.

Key Points: 
  • 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 Companys executive officers relative to the earnings release will be available on the Companys website Thursday morning beginning at 9:00 a.m.
  • 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.