The speedway has been managed since its inception by racing promoter Eddie Gossage.
Based on qualifying speeds in 2004, 2005, and 2006 (with Brian Vickers shattering the qualifying record at Texas with a speed of 196.235 mph (315.810 km/h) in the 2006 Dickies 500 qualifying), the Texas Motor Speedway was once considered the fastest non-restrictor plate track on the NASCAR circuit, with qualifying speeds in excess of 192 mph (309 km/h) and corner entry speeds over 200 mph (320 km/h). However, as the tracks' respective racing surfaces continue to wear, qualifying speeds at Atlanta have become consistently faster than at Texas (2005 and 2006). Brian Vickers holds the qualifying record at TMS. In 2006, he posted a 196.235 mph (315.810 km/h) speed. Elliott Sadler beat the record before Brian, qualifying in the 49/50th spot. Being the last person out on the track, Brian nipped Elliott Sadler's qualifying time.The NASCAR records still fall short of the all-time TMS qualifying record though. Driving a Lola Ford Champ Car, Kenny Brack took pole for the aborted Firestone Firehawk 600, with an average speed of 233.447 mph in 2001.
Two racetracks formerly on the Winston Cup (now Sprint Cup Series) schedule were closed to make room for Texas Motor Speedway's two race dates, with the North Wilkesboro Speedway being bought by TMS owner Bruton Smith and New Hampshire International Speedway owner Bob Bahre. The track was closed with one of the track's two dates going to both new owners. The North Carolina Speedway in Rockingham, North Carolina was also sold to Smith as a result of the Ferko lawsuit with the track's one remaining date also being handed over to Texas.
Texas Motor Speedway is home to two NASCAR Sprint Cup races: the Samsung 500 and the AAA Texas 500, as well as two Nationwide Series races, the O'Reilly 300 and the O'Reilly Challenge and the Indy Racing League IndyCar series race, the Bombardier Learjet 550. The track also hosts two NASCAR Camping World Truck Series races, the Sam's Town 400 (which takes place on the same weekend as the Indycar Bombardier Learjet 550) and the Chevy Silverado 250.
For a short time during construction in September 1996, the track's name was changed to Texas International Raceway. SMI's customary track naming convention had planned to have the "Motor Speedway" as part of the name. However, in August 1996, a small quarter-mile dirt raceway in Alvin, Texas (now known as Texas Thunder Speedway) had filed suit to use the name. On December 2, 1996, a settlement between the two tracks saw the "Texas Motor Speedway" name reinstated to the 1.5-mile (2.4 km) oval, and the small number of Texas International Raceway merchandise instantly became collectible. The following is a map of Texas Motor Speedway:
On August 17, 2010, a press conference was held and it was announced that TMS's spring race will become a Saturday night event in 2011. The Samsung Mobile 500 will be held on Saturday April 9, 2011.
Jeff Burton (1997) and Dale Earnhardt, Jr (2000) both earned their first Cup win at Texas Motor Speedway. Earnhardt's victory was a then-record for fewest races to notch a victory in the "modern era" on the Cup circuit, winning in just his 12th start, breaking the record held by his father, Dale Earnhardt (16 starts). (The record has since been broken three times, by Kevin Harvick (3 starts), Jamie McMurray (2 starts) and Trevor Bayne (2 Starts))
On October 13, 2000, Tony Roper was racing in the Craftsman Truck Series O'Reilly 400 at Texas Motor Speedway when he attempted to pass Steve Grissom. However, another truck veered up the racetrack in the tri-oval, forcing Roper to evade, turning him into Grissom's front bumper. The contact caused Roper's #26 Ford to take a sudden hard-right turn, which then caused the truck to slam head-on into the concrete wall of the tri-oval. Roper died the next day as the result of the injuries he sustained from the crash.[1==Firestone Firehawk 600==
The Firestone Firehawk 600, a CART race, was to be held on April 29, 2001. During practice and qualifying, however, 21 of 25 drivers complained of dizziness and disorientation during two days of practice. Drivers experienced sustained G forces over 5 Gs, more than the typical human tolerance. With their powerful turbocharged engines and superspeedway downforce packages, the Champ Cars were averaging speeds well in excess of 230 mph. Much faster than the speeds seen regularly by Sprint Cup cars, and faster still than IRL machinery of the time.
With the possibility of drivers blacking out on the track, CART cancelled the race two hours before the scheduled start.