Rockingham Speedway up for sale
23 Oct, 2026 - Tranzon Atlas
As seen in Richmond County Daily Journal
ROCKINGHAM — Rockingham Speedway is up for sale less than a year after being purchased by the International Hot Rod Association.
Sealed bids and a wire transfer for a $100,000 deposit are due by Nov. 17 at 5 p.m. Central time (6 p.m. Eastern time). According to the listing, the property is “subject to sale prior to the auction without notice,” and “pre-auction offers welcomed.”
The Rock is part of a hybrid sealed-bid auction handled by real estate auction company Tranzon Atlas, LLC, along with 11 additional motorsports properties, including Piedmont Dragway in Julian, North Carolina, and the former Galot Motorsports Park in Benson.
According to a press release issued by Tranzon, Darana Motorsports Holdings, LLC, has decided to sell the properties as they plan to part ways from the racing business.
“Our business has taken a different direction from what we originally anticipated, and I have made the decision to exit the racing business through the sale of these properties,” said Daryl Cuttel, CEO of Darana Motorsports Holdings, LLC. “Our goal is to complete the sale of these properties and our exit from the racing business by the end of the year.”
The additional properties up for sale are:
• Atlanta Dragway — Commerce, Georgia
• Dragway 42 — West Salem, Ohio
• Empire Dragway — Leicester, New York
• Heartland Motorsports Park — Topeka, Kansas
• Kil-Kare Raceway — Xenia, Ohio
• Memphis International Raceway — Millington, Tennessee
• Milan Dragway — Milan, Michigan
• National Trail Raceway — Hebron, Ohio
• Virginia Motorsports Park — Dinwiddie, Virginia
The speedway features more than 243 acres and a history tied to NASCAR and the sport’s racing heritage. The track hosted NASCAR’s premier series from 1965 to 2004 before NASCAR returned to Rockingham Speedway during Easter weekend in 2025 with the Xfinity and Craftsman Truck Series.
In 2026, the speedway hosted the O’Reilly Auto Parts Series and NASCAR Craftsman Truck Series. However, on Aug. 14, Track Enterprises, the promoter for NASCAR’s return to Rockingham Speedway, announced that The Rock would not return to NASCAR’s 2027 schedule.
The Rock also has a place in racing history through NASCAR icons and champions. Richard Petty holds the track’s all-time record with 11 Cup Series wins, followed by Cale Yarborough with seven. Dale Earnhardt clinched a NASCAR Cup Series championship in 1994 at the track.
Rockingham Speedway initially opened as a flat, 1-mile oval in 1965. It was reconfigured into a 1-mile, high-banked, D-shaped oval in 1969. The track currently measures 0.94 miles, and the property also includes a 1.5-mile road course.
The listing notes that Rockingham Speedway is directly across the street from Rockingham Dragway, describing the location as an “opportunity for collaboration and shared visitor pool.”
The speedway was purchased by Dan Lovenheim in 2018 before the IHRA acquired the property in December 2025.
In 2021, the North Carolina General Assembly allocated $9 million to Richmond County for water, sewer and facility improvements at Rockingham Speedway. Some of the upgrades included repaving the main asphalt oval and road course and installing SAFER barriers.
Other selling points listed include the speedway’s Sandhills location and its status as an established event destination.
“…the property features existing racing and event infrastructure with a proven history of hosting NASCAR racing, concerts, fundraisers and other large-scale events,” reads the listing. “Its substantial acreage and strategic location offer significant potential for continued motorsports use, entertainment, redevelopment and long-term investment.”