CHARLOTTE — When Dan Lovenheim purchased a more than 50-year-old speedway in rural North Carolina an hour and a half southwest of Raleigh, it was in a severely dilapidated state, with weeds growing out of the storied racetrack.
Now, after successfully rehabilitating the Rockingham Speedway and bringing back NASCAR races for the first time in over a decade, the Raleigh nightclub owner is looking to sell the property.
“We’ve taken this thing into first gear pretty much as far as it can go,” Lovenheim said.
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Lovenheim has listed the 250-acre motorsports and event venue for sale with CBRE. The venue, located at 2152 U.S. 1 in Rockingham, comes with seating for 25,000 people, a 1-mile track, a separate half-mile track and a quarter-mile track, in addition to a road course.
The raceway, known as The Rock, opened on Halloween in 1965 and was originally called North Carolina Motor Speedway.
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