CHARLOTTE, NC (Jan. 23, 2016) - A passionate and innovative pioneer in the sport of auto racing, Speedway Motorsports, Inc. founder and Executive Chairman O. Bruton Smith was inducted into the NASCAR Hall of Fame Saturday, after dedicating his life to creating unforgettable at-track experiences for millions of race fans across the country.

"Being inducted into the NASCAR Hall of Fame is truly an honor," Smith said. "For nearly 60 years, my life's work has been to build first-rate facilities and host world-class events for fans around the country. Along with thousands of my employees, I have worked hard for the fans in hopes of providing each of them a truly unforgettable experience every time they walk through the gates. When I say, 'we work for the fans,' I really take it to heart. I look forward to seeing Speedway Motorsports continue to lead the way in innovation and fan fun for many years to come."

Smith, who purchased then-Sears Point Raceway in 1996, was introduced at the NASCAR Hall of Fame induction ceremony by fellow inductee Darrell Waltrip.

"In order to move into the major leagues of professional sports, NASCAR needed to offer its fans a major league event experience and no one has done more to elevate the quality of that experience than Bruton Smith.  He has never been afraid to invest, innovate or improve, and all of us in the sport have benefited from that commitment.  Bruton Smith absolutely deserves to be in the Hall of Fame."

A native of Oakboro, North Carolina, Smith charted his course to a successful career with hard work and unwavering dedication. After years of promoting races across the South, Smith began construction of his lifelong dream, a 1.5-mile superspeedway, north of Charlotte, North Carolina, in 1959. The following year Charlotte Motor Speedway hosted NASCAR's first-ever 600-mile race, the World 600.

Over the next 56 years, Smith has expanded his motorsports empire to include eight premier motorsports facilities, including Atlanta Motor Speedway, Bristol Motor Speedway, Charlotte Motor Speedway, Kentucky Speedway, Las Vegas Motor Speedway, New Hampshire Motor Speedway, Sonoma Raceway and Texas Motor Speedway. A dynamic business leader, Smith consolidated his motorsports holdings in 1994 and founded Speedway Motorsports, Inc. The following year he made it the first motorsports company to trade on the New York Stock Exchange (TRK).

Among other fan-facing innovations, Smith is credited with bringing luxury dining facilities to his tracks, being the first to offer year-round living accommodations and introducing elaborate pre-race shows to his NASCAR weekends.

In 1992, Smith oversaw the construction of a state-of-the-art 1,200-fixture MUSCO lighting installation at Charlotte Motor Speedway, allowing it to be the first superspeedway to host night racing. In 2002, Smith helped take the wraps off a $100-million Modernization Plan at then-Infineon Raceway, which transformed the facility into the premier road-racing venue in the country.

In 2011, Charlotte Motor Speedway unveiled what was then the world's largest HDTV along the backstretch of the iconic speedway, revolutionizing the at-track fan experience. Smith has since topped his own world record with the nearly 21,000-square-foot "Big Hoss TV" at Texas Motor Speedway, and this year, the world's largest outdoor, permanent, center-hung digital display, Colossus, will make its video debut at Bristol Motor Speedway.

In addition to his work in motorsports entertainment, Smith has created a legacy of service and giving through Speedway Children's Charities. The mission of Speedway Children's Charities remains true to the ideals it was founded upon in 1982: To care for children in educational, financial, social and medical need in order to help them lead productive lives. With chapters at each of Speedway Motorsports' eight properties, Speedway Children's Charities has donated more than $46 million to deserving charities across the country since its inception.

Six-time NASCAR Modified champion Jerry Cook, 1970 NASCAR champion Bobby Isaac, two-time champion Terry Labonte and Curtis Turner, the "Babe Ruth of stock car racing," joined Smith as 2016 inductees during Friday night's ceremony at the NASCAR Hall of Fame.