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Washington DC & Mid-Atlantic  + Virginia  + Hospitality  |  March 12, 2025
Jasmine Kilman
By: Jasmine Kilman

Racing Returning to VA’s Southside Speedway

Southside Speedway is officially bringing races back to the Richmond, Virginia area, alongside several planned improvements to the track.

Southside Speedway announced in partnership with Chesterfield County, that racing is returning to the region with revitalization plans to improve multiple aspects of operations at the track. The Chesterfield Economic Development Authority finalized a 20-year ground lease-to-purchase agreement for Southside Speedway.

As part of the deal, investor group Competitive Racing Investments (CRI) has committed to revitalizing the track and restoring auto racing to the area. CRI envisions the site as a dynamic hub for year-round entertainment and special events for the 47-acre plot.

Known as “The Toughest Short Track in the South,” the 0.33-mile Southside Speedway opened along Genito Road in 1959. Racers including including legendary drivers like Richard Petty, have raced at Southside, which last help competitions in 2019.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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