North Carolina businessman best known as the owner and CEO of Speedway Motorsports, Inc. In 2007, he was inducted into the International Motorsports Hall of Fame in 2007.
He began promoting stock cars at age eighteen and took over the National Stock Car Racing Association in 1949.
In 2012, CNN Money named him as the CEO in the Fortune 500.
He has four children and has been divorced.
He and Dale Earnhardt were co-owners of the minor league baseball team the Kannapolis Intimidators.