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November 12, 2009

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Attendance, spending off

Tuesday, Feb. 12, 2002 | 10 a.m.

The owner and operator of the Las Vegas Motor Speedway reported higher revenues and earnings for the fourth quarter of 2001, which ended Dec. 31, over the same period a year ago.

Speedway Motorsports Inc., Concord, N.C., today reported earnings of $10.6 million, 25 cents a share, compared with $7.1 million, 17 cents a share, a year earlier. Results are based on revenue of $80.9 million, compared with $76.7 million last year.

Company officials said results were higher because several events postponed during the third quarter after the Sept. 11 terrorist attacks were rescheduled into fourth-quarter dates. The company said attendance per event and corporate spending were down from last year.

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