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Speedway Motorsports CEO Discusses Q3 2010 Results - Earnings Call Transcript

Speedway Motorsports Inc. ( TRK)

Q3 2010 Earnings Call

November 03, 2010 10:00 am ET

Executives

Marcus Smith - President and COO

Bill Brooks - VC and CFO

Analysts

Michael Walsh - Wells Fargo

Eugene Fox - Cardinal Capital Management

Joe Hovorka - Raymond James

Peter Lee - Plough Penny Partners

Presentation

Operator

Good morning. My name is Stephanie, and I will be your conference operator today. At this time, I would like to welcome everyone to the Speedway Motorsports third quarter earnings release conference call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. (Operator Instructions)

This conference call contains forward-looking statements particularly statements with regard to our future operations and financial results. There are many factors that affect future events and trends of our business including but not limited to economic factors, weather, the success of NASCAR and other sanctioning bodies, the success of Motorsports Authentics merchandising joint venture, capital projects, and expansions, financing needs and a host of other factors both within and outside of management's control.

These factors and other factors including those contained in our Annual Report on Form 10-K and subsequently filed quarterly report on Form 10-Q involve certain risks and uncertainties that could cause actual results or events to differ materially from management's views and expectations.

Inclusion of any information or statement in this conference call does not necessarily imply that such information or statement is material. The company does not undertake any obligation to release publicly, revised or updated forward-looking information, and such information included in this conference call is based on information currently available and may not be reliable after this date.

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