rrd327972_370731.html

0001181431-13-000165.txt : 20130102 0001181431-13-000165.hdr.sgml : 20130101 20130102145615 ACCESSION NUMBER: 0001181431-13-000165 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20121228 FILED AS OF DATE: 20130102 DATE AS OF CHANGE: 20130102 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SMITH MARCUS G CENTRAL INDEX KEY: 0001170912 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13582 FILM NUMBER: 13501501 MAIL ADDRESS: STREET 1: 5555 CONCORD PARKWAY SOUTH CITY: CONCORD STATE: NC ZIP: 28027 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SPEEDWAY MOTORSPORTS INC CENTRAL INDEX KEY: 0000934648 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-RACING, INCLUDING TRACK OPERATION [7948] IRS NUMBER: 510363307 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: US HIGHWAY 29 NORTH STREET 2: PO BOX 600 CITY: CONCORD STATE: NC ZIP: 28026 BUSINESS PHONE: 7044553239 MAIL ADDRESS: STREET 1: US HIGHWAY 29 NORTH STREET 2: P O BOX 600 CITY: CONCORD STATE: NC ZIP: 28026-0600 4 1 rrd365278.xml FORM 4 X0306 4 2012-12-28 0 0000934648 SPEEDWAY MOTORSPORTS INC TRK 0001170912 SMITH MARCUS G 5555 CONCORD PARKWAY SOUTH CONCORD NC 28027 0 1 0 0 Chief Operating Officer Common Stock 2012-12-28 4 P 0 29000000 A 29000000 I See footnote Common Stock 2012-12-28 5 G 0 29000000 0.00 A 29000000 I See footnote Common Stock 2012-12-28 4 P 0 29000000 A 29000000 I See footnote Common Stock 90731 D The reported securities are held by OBS Holdings, LLC ("Holdings"), a North Carolina limited liability company. Mr. Smith disclaims beneficial ownership of the Speedway Motorsports, Inc. common stock held by the LLC, except to the extent of his pecuniary interest therein. Mr. Smith is a member of OBS Family, LLC, which purchased an 11.8819% interest in Holdings for an aggregate purchase price of $15,000,000. Mr. Smith is a co-trustee and a beneficiary of O. Bruton Smith Family Irrevocable Trust dated December 11, 2012 (the "Trust"), which received a 3.1685% interest in the LLC as a gift. The Trust purchased an 11.8315% interest in the LLC for an aggregate purchase price of $14,933,807.94. /s/ J. Cary Tharrington IV, Attorney-In-Fact 2013-01-02 EX-24.1 2 rrd327972_370731.htm POWER OF ATTORNEY rrd327972_370731.html

                                                                    Exhibit 24.1

                                POWER OF ATTORNEY

KNOW ALL BY THESE PRESENTS, that the undersigned hereby constitutes and appoints
each of William R. Brooks and J. Cary Tharrington IV, or either of them signing
singly, and with full power of substitution, as the undersigned's true and
lawful attorney-in-fact (each, individually, an "Attorney-in-Fact" and
collectively, the "Attorneys-in-Fact") to:

(1) execute for and on behalf of the undersigned, in the undersigned's capacity
as an officer, director and/or beneficial owner of Speedway Motorsports, Inc., a
Delaware corporation (the "Company"):

                (a) Forms 3, 4, and 5 (and any amendments thereto) in accordance
        with Section 16(a) of the Securities Exchange Act of 1934, as amended
        (the "Exchange Act"), and the rules and regulations of the United States
        Securities and Exchange Commission (the "SEC") thereunder; and

                (b) Schedule 13D (and any amendments thereto) in accordance with
        Section 13(d) of the Exchange Act and the rules and regulations of the
        SEC thereunder;

(2) do and perform any and all acts for and on behalf of the undersigned that
may be necessary or desirable to complete and execute any such form, schedule or
amendment thereto, including filing and applying for any accession, CCC and CIK
filing codes (including filing SEC Form ID (or any similar form)), completing
and executing any amendment or amendments thereto and timely filing any such
form with the SEC and any stock exchange or similar regulatory authority; and

(3) take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of such Attorney-in-Fact, may be of benefit to,
in the best interest of or legally required by, the undersigned, it being
understood that the documents executed by such Attorney-in-Fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in such form and shall
contain such terms and conditions as such Attorney-in-Fact may approve in such
Attorney-in-Fact's discretion.

The undersigned hereby grants to each such Attorney-in-Fact full power and
authority to do and perform any and every act and thing whatsoever requisite,
necessary or proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might or
could do if personally present, with full power of substitution or revocation,
hereby ratifying and confirming all that such Attorney-in-Fact, or such
Attorney-in-Fact's substitute or substitutes, shall lawfully do or cause to be
done by virtue of this Power of Attorney and the rights and powers herein
granted. The undersigned acknowledges that the foregoing Attorneys-in-Fact, in
serving in such capacity at the request of the undersigned, are not assuming,
nor is the Company assuming, any of the undersigned's responsibilities to comply
with Sections 16 or 13 of the Exchange Act.

This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file such forms, schedules or amendments
thereto with respect to the undersigned's holdings of and transactions in
securities issued by the Company, unless earlier revoked by the undersigned in a
signed writing delivered to the foregoing Attorneys-in-Fact.

This Power of Attorney revokes any currently existing power of attorney solely
to the extent any such currently existing power of attorney gives the agent(s)
designated therein the power or authority to do or perform any act or thing in
the exercise of any of the rights and powers herein granted. This Power of
Attorney shall not be revoked by any subsequent power of attorney I may execute,
unless such subsequent power specifically refers to this Power of Attorney or
specifically states that the instrument is intended to revoke all prior powers
of attorney.


IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this 13th day of December, 2012.

/s/ Marcus G. Smith
-----------------------------------------
              Marcus G. Smith