History
Groundbreaking took place on September 28, 1967. Over 2.5 million yards (1,900,000 m3) of dirt were moved to form the D-shaped oval. The track opened in 1968 with a total capacity of 25,000 seats. The track was originally built and owned by Lawrence H. LoPatin, a Detroit-area land developer who built the speedway at an estimated cost of $4–6 million.
In 1972, Roger Penske purchased the speedway for an estimated $2 million. During Penske's ownership the track was upgraded several times from the original capacity to 125,000 seating capacity. From 1996 to 2000, the track was referred to as Michigan Speedway. This was to keep consistency with other tracks owned by Roger Penske's Motorsports International before its merger with ISC.
In 1999, the speedway was purchased by International Speedway Corporation (ISC) and in 2000 the track was renamed to its original name of Michigan International Speedway. In 2000 10,800 seats were added via a turn three grandstand bringing the speedway to its current capacity. In 2004-2005 the largest renovation project in the history of the facility was ready for race fans when it opened its doors for the race weekend. The AAA Motorsports Fan Plaza—a reconfiguration of over 26 acres (110,000 m2) behind the main grandstand—provided race fans a new an improved area to relax enjoy sponsor displays, merchandise, and concessions during breaks of on-track activity. A new, three-story viewing tower housing the Champions Club presented by AAA and 16 new corporate suites also awaited VIP Guests, while a state-of-the-art press box and an expansive race operations facility high above the 2-mile (3.2 km) oval welcomed the media and race officials. Michigan was repaved prior to the 2012 season. This marks the first time since 1995 that the oval was resurfaced, along with 1967, 1975, and 1986. Also new for 2012 is the addition of a new 20-space trackside luxury campsite to be known as APEX. Situated in Turn 3, the each site will offer 20×55-foot area, with water and electric hookups, picnic table and grill. Besides front-row seating for the racing action, the APEX area will offer personalized service to its guests, including a concierge to address any of their needs during race weekend. To accommodate these new campsites, the remaining silver grandstands in turns 3 and 4 were removed. *
Read more about this topic: Michigan International Speedway
Famous quotes containing the word history:
“All things are moral. That soul, which within us is a sentiment, outside of us is a law. We feel its inspiration; out there in history we can see its fatal strength.”
—Ralph Waldo Emerson (1803–1882)
“Classes struggle, some classes triumph, others are eliminated. Such is history; such is the history of civilization for thousands of years.”
—Mao Zedong (1893–1976)
“A great proportion of the inhabitants of the Cape are always thus abroad about their teaming on some ocean highway or other, and the history of one of their ordinary trips would cast the Argonautic expedition into the shade.”
—Henry David Thoreau (1817–1862)