Update What Is The Net Worth Of Speedway Motorsports?

Speedway Motorsports, formerly traded on the stock market under the ticker symbol TRK, was delisted on June 30, 2019. At the time of its delisting, its net worth was $0.807 billion.

Let’s break down what this means for Speedway Motorsports. The net worth of a company essentially represents its total value. For a publicly traded company like Speedway Motorsports was, the net worth is often referred to as “market cap”. This figure is calculated by multiplying the company’s share price by the number of outstanding shares.

In the case of Speedway Motorsports, its delisting meant that its shares were no longer traded on a public exchange. This can happen for a variety of reasons, including a company being acquired by another entity or deciding to go private. The delisting of Speedway Motorsports does not necessarily mean the company went bankrupt or was in financial distress. It simply means that its shares are no longer available for public trading.

While the net worth of $0.807 billion represented the company’s value at the time of its delisting, it’s important to remember that this figure is a snapshot in time. The company’s net worth can fluctuate over time based on factors such as its financial performance, market conditions, and investor sentiment.