reports
Dover Motorsports, Inc. Reports Results for the Third Quarter Of 2021
DOVER, Del.--(BUSINESS WIRE)-- Dover Motorsports, Inc. (NYSE: DVD) today reported its results for the three months ended September 30, 2021. We hosted the Firefly Music Festival on our property during the third quarter of 2021. In 2020, the COVID-19 pandemic forced the cancelation of the Firefly Music Festival and caused all six of our NASCAR races to be held without fans during the third quarter of 2020. Accordingly, the results for the third quarter of 2021 are not comparable to the third quarter of 2020. Revenues for the third quarter of 2021 were $1,238,000 and related primarily to the F...
Dover Motorsports, Inc. Declares Dividend
DOVER, Del.--(BUSINESS WIRE)-- Dover Motorsports, Inc. (NYSE: DVD) announced today that its Board of Directors declared a semi-annual cash dividend on both classes of common stock of $.04 per share. The dividend will be payable on December 10, 2021 to shareholders of record at the close of business on November 10, 2021. Dover Motorsports, Inc. is a promoter of NASCAR sanctioned motorsports events in the United States whose subsidiaries own and operate Dover International Speedway in Dover, Delaware and Nashville Superspeedway near Nashville, Tennessee. For further information, log on to . Vie...
Dover Motorsports, Inc. Announces Third Quarter 2021 Earnings Release ...
DOVER, Del.--(BUSINESS WIRE)-- Dover Motorsports, Inc. (NYSE: DVD) will report its earnings for the third quarter ended September 30, 2021 on the morning of Thursday, October 28, 2021. Commentary from the Company’s executive officers relative to the earnings release will be available on the Company’s website Thursday morning beginning at 9:00 a.m. ET. To listen to the commentary, please log on to , select the investor relations tab and select DVD 3Q21 Earnings Announcement. Dover Motorsports, Inc. is a promoter of NASCAR sanctioned motorsports events whose subsidiaries own and operate Dover ...
Dover Motorsports, Inc. Reports Results for the Second Quarter Of 2021
DOVER, Del.--(BUSINESS WIRE)-- Dover Motorsports, Inc. (NYSE: DVD) today reported results for the three months ended June 30, 2021. The Company held a NASCAR triple-header weekend at Dover International Speedway in May and a NASCAR triple-header weekend, which included the return of NASCAR Cup Series racing to the Nashville market, at Nashville Superspeedway in June. No events were held during the second quarter of 2020 as the COVID-19 pandemic caused the postponement of the Company’s scheduled May NASCAR weekend and the cancelation of the Firefly Music Festival. The three NASCAR events orig...
Dover Motorsports, Inc. Announces Second Quarter 2021 Earnings Release...
DOVER, Del.--(BUSINESS WIRE)-- Dover Motorsports, Inc. (NYSE: DVD) will report its earnings for the second quarter ended June 30, 2021 on the morning of Thursday, July 29, 2021. Commentary from the Company’s executive officers relative to the earnings release will be available on the Company’s website Thursday morning beginning at 9:00 a.m. ET. To listen to the commentary, please log on to , select the investor relations tab and select DVD 2Q21 Earnings Announcement. Dover Motorsports, Inc. is a promoter of NASCAR sanctioned motorsports events whose subsidiaries own and operate Dover Interna...
Dover Motorsports, Inc Reports Closing on Nashville Property
DOVER, Del.--(BUSINESS WIRE)-- Dover Motorsports, Inc. (NYSE: DVD) reports that on May 26, 2021, we closed on the sale of approximately 350 acres of property near our Nashville Superspeedway pursuant to an agreement with an entity owned by Panattoni Development Company. Proceeds from the sale, less closing costs, were approximately $14.35 million. The purchaser had previously paid to us a $500,000 deposit that was credited to the purchase price. Net proceeds after taxes are estimated to be approximately $12 million. None of the acreage sold extends to the land on which our superspeedway is sit...
Dover Motorsports, Inc. Announces Appointment of Anastasia Thomas Nard...
DOVER, Del.--(BUSINESS WIRE)-- Dover Motorsports, Inc. (NYSE Symbol: DVD) announced that the Board of Directors of the Company, at its regularly scheduled quarterly meeting, appointed Anastasia Thomas Nardangeli, as a Director of the Company. Stasia, a graduate of Yale University and University of Maryland School of Law, specializes in business formation, capital raises, financings, corporate governance and mergers and acquisitions. Dover Motorsports, Inc. chairman, Henry B. Tippie stated, “We are pleased to add Stasia as a new independent director. Her legal background and experience repres...
Dover Motorsports, Inc. Reports Results for the First Quarter Ended Ma...
DOVER, Del.--(BUSINESS WIRE)-- Dover Motorsports, Inc. (NYSE: DVD) today reported its results for the three months ended March 31, 2021. The Company historically reports a loss in the first quarter due to the seasonality of our motorsports business. No major events were promoted during the first quarter of 2021 or 2020; therefore, our revenues were minimal. Operating and marketing expenses increased to $1,596,000 in the first quarter of 2021 from $988,000 in the first quarter of 2020, primarily from increased and earlier advertising expense. This year’s NASCAR weekends are scheduled for May ...
Dover Motorsports, Inc. Declares Semi-Annual Dividend
DOVER, Del.--(BUSINESS WIRE)-- Dover Motorsports, Inc. (NYSE: DVD) Board of Directors today declared a semi-annual cash dividend on both classes of common stock of $.04 per share. The dividend will be payable on June 10, 2021 to shareholders of record at the close of business on May 10, 2021. Dover Motorsports, Inc. is a promoter of NASCAR sanctioned motorsports events in the United States whose subsidiaries own and operate Dover International Speedway in Dover, Delaware and Nashville Superspeedway near Nashville, Tennessee. For further information, log on to . View source version on business...
Dover Motorsports, Inc. Announces First Quarter 2021 Earnings Release ...
DOVER, Del.--(BUSINESS WIRE)-- Dover Motorsports, Inc. (NYSE: DVD) will report its earnings for the first quarter ended March 31, 2021 on the morning of Thursday, April 29, 2021. Commentary from the Company’s executive officers relative to the earnings release will be available on the Company’s website Thursday morning beginning at 9:00 a.m. ET. To listen to the commentary, please log on to , select the investor relations tab and select DVD 1Q21 Earnings Announcement. Dover Motorsports, Inc. is a promoter of NASCAR sanctioned motorsports events whose subsidiaries own and operate Dover Intern...
Dover Motorsports, Inc. Reports Results for the Fourth Quarter and Yea...
DOVER, Del.--(BUSINESS WIRE)-- Dover Motorsports, Inc. (NYSE: DVD) today reported its results for the fourth quarter and year ended December 31, 2020. We held no major events during the fourth quarter this year. During the fourth quarter of 2019, we held our fall NASCAR weekend, which consisted of a K&N Pro Series East event, an Xfinity Series event and a NASCAR Cup Series event. Accordingly, the results for the fourth quarter of 2020 are not comparable to last year. Revenues for the fourth quarter of 2020 were $185,000 compared to $20,794,000 in the fourth quarter of 2019. Operating and mar...
Dover Motorsports, Inc. Announces Fourth Quarter 2020 Earnings Release...
DOVER, Del.--(BUSINESS WIRE)-- Dover Motorsports, Inc. (NYSE: DVD) will report its earnings for the fourth quarter ended December 31, 2020 on the morning of Thursday, January 28, 2021. Commentary from the Company’s executive officers relative to the earnings release will be available on the Company’s website Thursday morning beginning at 9:00 a.m. ET. To listen to the commentary, please log on to , select the investor relations tab and select DVD 4Q20 Earnings Announcement. Dover Motorsports, Inc. is a promoter of NASCAR sanctioned motorsports events whose subsidiaries own and operate Dover ...
Dover Motorsports, Inc. Reports Results for the Third Quarter of 2020
DOVER, Del.--(BUSINESS WIRE)-- Dover Motorsports, Inc. (NYSE: DVD) today reported results for the three months ended September 30, 2020. As previously disclosed, the COVID-19 pandemic caused the postponement of the Company’s scheduled May NASCAR weekend. The three NASCAR events originally scheduled for May were instead held in combination with our scheduled August NASCAR events. All six of the races were held without fans. No major events were held during the third quarter of 2019. Accordingly, the results for the third quarter of 2020 are not comparable to last year. Revenues for the third ...
Dover Motorsports, Inc. Declares Dividend
DOVER, Del.--(BUSINESS WIRE)-- Dover Motorsports, Inc. (NYSE: DVD) Board of Directors today declared an annual cash dividend on both classes of common stock of $.07 per share. The dividend will be payable on December 10, 2020 to shareholders of record at the close of business on November 10, 2020. While we have historically paid dividends annually, due to the planned reopening of the Nashville Superspeedway, the potential impact of the pandemic on the scheduling of events and other developments in our business, in the future we may re-examine the frequency with which we evaluate and pay divide...
Dover Motorsports, Inc. Announces Third Quarter 2020 Earnings Release ...
DOVER, Del.--(BUSINESS WIRE)-- Dover Motorsports, Inc. (NYSE: DVD) will report its earnings for the third quarter ended September 30, 2020 on the morning of Thursday, October 29, 2020. Commentary from the Company’s executive officers relative to the earnings release will be available on the Company’s website Thursday morning beginning at 9:00 a.m. ET. To listen to the commentary, please log on to , select the investor relations tab and select DVD 3Q20 Earnings Announcement. Dover Motorsports, Inc. is a promoter of NASCAR sanctioned motorsports events whose subsidiaries own and operate Dover ...
Dover Motorsports, Inc. Announces Appointment of Radcliffe Hastings an...
DOVER, Del.--(BUSINESS WIRE)-- Dover Motorsports, Inc. (NYSE: DVD) announced that the Board of Directors of the Company, at its regularly scheduled quarterly meeting, appointed Radcliffe Hastings and Michael Tatoian, as Directors of the Company. Dover Motorsports, Inc. Chairman, Henry B. Tippie stated, “We are pleased to add these two highly qualified individuals to our Board of Directors, Rad Hastings has a broad background in banking and finance and investments across a variety of industries. “Mike Tatoian came to our company 13 years ago as Executive Vice President and Chief Operating O...
Dover Motorsports, Inc. Reports Results for the Second Quarter of 2020...
DOVER, Del.--(BUSINESS WIRE)-- Dover Motorsports, Inc. (NYSE: DVD) today reported results for the three months ended June 30, 2020. The COVID-19 pandemic caused the postponement of the Company’s scheduled May NASCAR weekend and the cancelation of the Firefly Music Festival (“Firefly”). The three NASCAR events originally scheduled to be held in May will now be held without fans in combination with our already scheduled August NASCAR weekend events. Firefly will not be rescheduled in 2020, though it is expected to return in 2021. The Company promoted a NASCAR triple-header and hosted Firefly i...
Dover Motorsports, Inc. Announces Second Quarter 2020 Earnings Release...
DOVER, Del.--(BUSINESS WIRE)-- Dover Motorsports, Inc. (NYSE: DVD) will report its earnings for the second quarter ended June 30, 2020 on the morning of Thursday, July 30, 2020. Commentary from the Company’s executive officers relative to the earnings release will be available on the Company’s website Thursday morning beginning at 9:00 a.m. ET. To listen to the commentary, please log on to , select the investor relations tab and select DVD 2Q20 Earnings Announcement. Dover Motorsports, Inc. is a promoter of NASCAR sanctioned motorsports events whose subsidiaries own and operate Dover Inter...
Dover International Speedway’s Aug. 21-23 NASCAR Weekend to Be Held ...
DOVER, Del.--(BUSINESS WIRE)-- The Aug. 21-23 NASCAR weekend at Dover International Speedway will take place without fans due to concerns surrounding the coronavirus (COVID-19) pandemic. While the six races at The Monster Mile will move forward, state officials did not approve the track’s request to host a limited number of fans in the interest of public safety and health concerns. “We submitted a comprehensive plan to state officials outlining our planned procedures and protocols for keeping our fans safe throughout our August race weekend,” said Mike Tatoian, Dover International Speedway...
Nashville Superspeedway to Host the NASCAR Cup Series in 2021
DOVER, Del.--(BUSINESS WIRE)-- NASCAR and Dover Motorsports, Inc. (NYSE: DVD) have agreed to host a NASCAR Cup Series race at Nashville Superspeedway in 2021. “We were energized to see how excited Nashville was to host the NASCAR Cup Series banquet last December,” said Denis McGlynn, president & CEO of Dover Motorsports, Inc. “When we built Nashville Superspeedway in 2001 our goal was to one day secure a NASCAR Cup Series race for the venue. Nashville, central Tennessee and the surrounding market area is filled with passionate race fans. We are thrilled that we were able to collaborate with ...
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