The company that owns the Charlotte Motor Speedway will release its earnings report for the first quarter of 2013 on Wednesday.
On Tuesday, news broke that Charlotte has been selected as one of the finalists to host the X Games in 2014.
Charlotte still has to beat out four other cities, including Detroit, Chicago and Austin, Texas.
If Charlotte is picked, most of the events would be held at the speedway.
The speedway plays host to several events, but its major source of revenue comes from NASCAR broadcasting and ticket sales.
Speedway Motorsports, its parent company, said in the last earnings report, those events have been declining.
The X Games would not only be a major source of revenue for the speedway, but also the Charlotte region.
A study showed Los Angeles made $50 million from the 2010 X Games, $12 million of that coming from tourists.
Some residents in Cabarrus County see this as another stepping stone to hosting the Olympics.
“There is nothing that can stop this region, and I think it’s just another step. As a lot of us think about the future, with respect to the Olympics,” said Cabarrus Regional Chamber of Commerce representative John Cox.
Organizers will announce this summer which city will play host to the X Games.