Charlotte Motor Speedway, formerly Lowe's Motor Speedway, is a motorsports complex located in Concord, North Carolina, United States  from Charlotte, North Carolina. The complex features a 1.5 mile (2.4 km) quad oval track that hosts NASCAR racing including the prestigious Coca-Cola 600 on Memorial Day weekend, the Sprint All-Star Race, and the Bank of America 500. The speedway was built in 1959 by Bruton Smith and is considered the home track for NASCAR with many race teams located in the Charlotte area. The track is owned and operated by Speedway Motorsports, Inc. (SMI) with Marcus G. Smith (son of Bruton Smith) as track president.