IHRA Announces Acquisition Of Memphis International Raceway

The International Hot Rod Association (IHRA) announced Wednesday, December 24 that it has completed the acquisition of the former Memphis International Raceway (also known as Memphis Motorsports Park) in Millington, Tennessee, officially closing on the property December 23.

Opened in 1987, the facility has hosted major drag racing events and national touring series and was previously sanctioned by IHRA. Under IHRA ownership, the acquisition brings the facility full circle, reconnecting the track’s history with a renewed vision for its future.

The facility will operate as a multi-use destination supporting drag racing, stock car competition, grassroots motorsports, and other large-scale events, continuing its role in tourism and economic activity in Millington and Shelby County.

“This investment honors the legacy of Memphis Motorsports Park while positioning it for a strong future. IHRA’s acquisition reflects confidence in our region and creates new opportunities for tourism, local businesses, and fan experiences.” said Mayor Paul Young, City of Memphis.

“As the Commissioner for District 1, I am thrilled about IHRA’s acquisition of Memphis Motorsports Park. This investment strengthens our local economy, puts world-class racing back on solid ground, and gives our families and young people a safe, exciting place to create memories for years to come. Having a national organization like IHRA committed to the long-term success of this historic facility is exactly the kind of partnership Shelby County needs.” said Amber Mills, Shelby County Commissioner, District 1, Shelby County Government.

“This is a special place in American motorsports,” said Darryl Cuttell, CEO of IHRA. “This facility has a deep history in drag racing and stock car competition, and our goal is to honor that legacy while building a strong, sustainable future. We are committed to bringing meaningful racing back to this property while expanding its role as a destination for a wide range of events that serve racers, fans, and the surrounding community.”

“This facility aligns with IHRA’s racer-first vision and our commitment to grassroots motorsports, while also allowing the property to support diverse uses that strengthen its year-round impact,” said Leah Martin, President of IHRA.

IHRA will begin facility improvements and operational preparations in the coming days, with additional announcements regarding schedules and programming to follow.

At one time listed for as much as $13.5 million, the property last sold for $2.06 million prior to the IHRA acquisition. With the addition, the IHRA’S track portfolio now includes the tracks known as or formerly known as Milan Dragway, National Trail Raceway, Kil-Kare Raceway, Dragway 42, Empire Dragway, Maple Grove Raceway, and Piedmont Dragway.