Property and Equipment

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

Property and Equipment

PROPERTY AND EQUIPMENT

Property and equipment, net is comprised of the following:

	December 31,
(in millions)	2021		2020
Grandstands and buildings	$	745.5	$	785.5
Equipment	491.9		477.9
Tracks and other improvements	221.7		240.7
Land	101.3		164.2
Furniture and fixtures	78.9		89.7
Construction in progress	65.8		23.3
	1,705.1		1,781.3
Accumulated depreciation	(736.7)		(721.5)
Subtotal	968.4		1,059.8
Operating lease right-of-use assets	26.5		22.3
Total	$	994.9	$	1,082.1

Depreciation expense was $98.4 million in 2021, $88.0 million in 2020 and $81.4 million in 2019 and is classified in operating expense in the accompanying consolidated statements of comprehensive income (loss)