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Redevelopment of Daytona International Speedway beginsWednesday, July 10, 2013

Category:Racing News

In NASCAR news today, drivers Greg Biffle and Trevor Bayne teamed up to break ground on the Daytona Rising project at Daytona International Speedway. The project will redevelop the 54-year-old front stretch of the speedway, allowing fans a better experience, with expanded and redesigned entrances, escalators and elevators.

"An historic project like Daytona Rising, which will reimagine an iconic American venue like Daytona International Speedway, demands a groundbreaking like no other," said Daytona International Speedway President Joie Chitwood. "In keeping with the Speedway's tradition, we wanted to find an innovative way to honor history and create memorable moments for our fans, which is ultimately what the Daytona Rising project is all about. We can't wait to get started."

In addition, the track will feature 11 neighborhoods, each about the size of a football field, giving fans a place in which to socialize before, during and after the race. The main neighborhood is named the World Center of Racing, celebrating the track's iconic history.

The project is expected to cost between $375 million and $400 million and is expected to be completed by January 2016, in time for the 58th Daytona 500.