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'''Texas Motor Speedway''' (formerly known as '''Texas International Raceway''' from September to December 1996) is a {{Convert|1.5|mi|km}} quad-oval [[Oval track racing#Intermediate|intermediate]] speedway in [[Fort Worth, Texas]]. The track has hosted both [[NASCAR]] and [[IndyCar]] events annually since its inaugural season of racing in 1997. The track is owned by the city of Fort Worth's sports authority and is leased out by [[Speedway Motorsports|Speedway Motorsports, Inc.]] (SMI) for racing. The speedway is served by the nearby [[Interstate 35W (Texas)|Interstate 35W]] and [[Texas State Highway 114]].
The speedway has a capacity in excess of 150,000.<ref>{{cite web | url=https://www.dallasnews.com/place/cGVnYXN1czpwbGFjZQ-MTc2NA-TVRjMk5B/ | title=Texas Motor Speedway }}</ref><ref>{{cite web | url=https://westshorespeedway.com/texas-motor-speedway-capacity-everything-you-need-to-know/ | title=Texas Motor Speedway Capacity: Everything You Need to Know | date=12 July 2023 }}</ref><ref>{{cite web | url=https://www.motorsportmagazine.com/database/circuits/texas-motor-speedway/ | title=Texas Motor Speedway Racing Circuit • Details | Motorsport Database }}</ref> The track features numerous amenities, including the world's largest HD video screen, almost 200 suites, a Speedway Club overlooking the first turn, and 10-story building dedicated for office space and [[Condominium|condominiums]]. The Texas Motor Speedway complex also features two adjacent tracks, including a {{Convert|1/5|mi|km}} paved short track and a {{Convert|2/5|mi|km}} dirt track.
Following the decline of the [[Texas World Speedway]] that began in the 1980s, the state of Texas found itself without a major racetrack and races for more than a decade. In the early 1990s, the newly incorporated [[Speedway Motorsports]] and its founder, [[Bruton Smith]], saw itself with a major rise in profits that correlated with a rise of popularity in stock car racing. Using the new profits he had made, he set out to build a major racetrack west of the [[Mississippi River]], deciding on the [[Dallas–Fort Worth metroplex]] in 1994 with eventual longtime track general manager [[Eddie Gossage]]. Construction began in 1995 and completed in 1996, with the track holding its first [[NASCAR]] and [[IndyCar]] races in 1997.
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