Homestead–Miami Speedway
1998, GT1) | |
Oval (1997–2002) | |
---|---|
Length | 1.5 miles (2.4 km) |
Banking | Turns: 6° Straights: 3° |
Race lap record | 0:26.825 (![]() |
Rectangular Quad-Oval (1995–1996) | |
Length | 1.527 miles (2.457 km) |
Turns | 4 |
Banking | Turns: 6° Straights: 3° |
Race lap record | 0:28.385 (![]() |
Homestead–Miami Speedway (formerly known as the Homestead Motorsports Complex from 1995 to 1998) is a 1.500 mi (2.414 km) oval-shaped intermediate speedway in Homestead, Florida. It has hosted various major auto racing series throughout its existence, including NASCAR, IndyCar, and FIA GT Championship. The facility has a capacity of 43,000 as of 2019. Along with the main oval track, the facility features a road course layout that uses parts of the oval along with a specially designed infield road course. Homestead–Miami Speedway is owned by the city of Homestead, operated by NASCAR, and led by track president Guillermo Santa Cruz.
Seeking a permanent venue for the Grand Prix of Miami, auto racing promoter Ralph Sanchez initiated plans to build a complex in 1991. After numerous failed proposals, the city of Homestead, recovering from the effects of Hurricane Andrew, was able to woo Sanchez into building the permanent complex within the city and was completed by 1995. In the following four years, the city of Homestead and Sanchez made numerous accommodations to then-NASCAR president Bill France Jr. to gain a NASCAR Cup Series race weekend, including the reconfiguration of the track from a rectangle to an oval-shaped track in 1997. In the 2000s, numerous renovations were made to the track, including a second reconfiguration, the installation of SAFER barriers and lights, and other amenities.
Description
Configuration
The complex's oval layout in its current form is measured at 1.5 mi (2.4 km), with a progressive system of banking of 18–20° in the turns and 4° of banking on the track's straights.
When the complex was first built, it featured a rectangle-shaped layout similar in shape to the Indianapolis Motor Speedway alongside a 2.21 mi (3.56 km), 13-turn road course layout that utilized parts of the rectangle along with specially designed parts of the track that were contained within the track's infield.[4][5][6] The rectangle's layout distance was disputed by sanctioning bodies; NASCAR used a length of 1.51 mi (2.43 km),[4] and Championship Auto Racing Teams (CART) used a length of 1.527 mi (2.457 km).[7]
Amenities

Homestead–Miami Speedway is served by U.S. Route 1 and Florida State Road 821,[8] and covers approximately 650 acres (260 ha) according to the Miami Herald.[9] As of 2019, the facility has a capacity of 43,000 according to Forbes.[10] Within the track's infield is a 90 ft (27 m) deep, 0.5 mi (0.80 km) by 0.125 mi (0.201 km) lake that is occasionally used for fishing tournaments[11] along with a 18,000 square feet (1,700 m2), two-story media center that was constructed in 2008.[12] The facility also features an art deco aesthetic made by Day One that combines "aqua blue, tan, and purple" according to Yahoo Sports' Jay Busbee.[13]
Track history
Planning and construction
Failed Munisport proposal
On March 27, 1991, the Miami Herald made public that Grand Prix of Miami promoter Ralph Sanchez sought to build a permanent racing facility in Miami-Dade County, Florida, submitting a bill through the Florida Legislature that proposed that a local tourist tax would expand to let the tax be used to fund motorsports facilities. According to the Herald, he asked for up to $20 million in tax money to build the facility.[14] The bill had passed earlier in the Florida House of Representatives on the 21st.[15] Sanchez wanted to seek out a permanent facility for the Grand Prix of Miami, which had been run as a street course on city streets.[16][17] Three days after the initial report, the Herald reported that Sanchez was considering a location at Amelia Earhart Park;[18] the plan faced heavy opposition from nearby residents.[19] The bill later passed the Florida Senate in May of that year.[20] In December, Florida legislators voted over a budget proposal of $48.5 million to various sports and events in the Miami area;[21] within the proposal was a plan to give $9 million to Sanchez to build the permanent facility.[22] Sanchez wanted as much as $25 million, but local government leaders cut the amount down.[23] The proposal was approved on the 19th;[17] with the $9 million, Sanchez stated that he aimed to use the money to improve amenities on the street course.[23][24]
By May 1992, Sanchez began considering a proposal to build a 2.1 mi (3.4 km) racetrack on the
Homestead proposal, construction
On October 4, in the aftermath of Hurricane Andrew and in midst of the confirmation of the sale of the Villages of Homestead real estate project, Homestead City Manager Alex Muxo stated his hopes to woo Sanchez into building his motorsports complex in Homestead.[36] 11 days later, Muxo stated in a press conference that Sanchez had agreed to build the complex east of the Homestead Sports Complex, with the Metro-Dade Finance Committee promising $11 million for the project.[37] The committee's investment was approved in November, with Sanchez stating that with the approval, "we can start to build almost right away."[38] Another $1.7 million investment was given by the Homestead City Council in February 1993.[39] However, three months later, the project was put into jeopardy when a real estate deal was delayed when Homestead Properties, the owner of approximately 360 acres (150 ha) of prospective land the city of Homestead looked to buy, was sued for alleged misuse of insurance funds.[40] In addition, Sanchez stated in July that "soil conditions and flood criteria requirements" as potential causes for a possible delay.[41]
On July 27, 1993, the Metro-Dade Commission approved the use of $20 million in hotel taxes to invest into the facility, more than half of the budget Sanchez needed for the project; with the approval, Sanchez acquired a total of $31 million for the project.[42][43] By this point, plans for the facility included 9,000 permanent seats and restaurants.[42] In August, plans for the complex were officially unveiled: the 350-acre (140 ha) complex planned to include two oval tracks and the original road course, with Sanchez hoping to host IndyCar, IMSA, Trans-Am Series, Formula One, and NASCAR races at the facility.[44]

Financial troubles continued throughout the end of 1994 and the beginning of 1995. In October, the city of Homestead began to consider selling bonds to finance construction,[56] drafting a sale in December.[57] County oversight was also sought to be greatly increased by November, with the budget for the project approaching $50 million.[58] By April 1995, track developers still owed approximately $11 million to various contractors, with Homestead mayor Ted DeMilly stating in the Miami Herald that "not only don't we have a lot of money, but we have a real time crunch."[59] The following month, businessman Wayne Huizenga offered a $20 million loan to cover the track's remaining deficits[60] in exchange for a minority ownership of the complex.[61] By July, the project's cost increased to an expected $58 million; however, despite the increased costs, the Dade County commission received criticism for not providing bond issues to help fund the track.[62] By the end of the track's initial construction, plans for the track included 65,000 total seats, 70 condominiums, and an oval track layout similar to the layout of the Indianapolis Motor Speedway,[63] with a final projected cost of $59 million (adjusted for inflation, $121,749,509).[64]
First years, oval reconfiguration

The first tire tests on the facility were conducted by Busch Series driver
After the facility's first CART race weekend, track developers announced the repaving of all four corners due to concerns of a lack of passing, with the corners being widened.
Buyout, conflict with city, renovations
In further efforts to lure a Winston Cup race, attempts were made to make NASCAR president Bill France Jr. a partner for the Miami Motorsports group that leased the track from the city of Homestead; however, the talks broke down by March 1997.[83] However, by the following month, the city of Homestead voted on changing the lease to allow an option to let the France family purchase Miami Motorsports;[84] it was approved on April 7.[85] By July, talks to convince France Jr. to become a partner of Miami Motorsports resumed,[86] officially announcing on the 23rd[87] that the France family-owned International Speedway Corporation (ISC) and the Roger Penske-owned Penske Motorsports each bought out a 40% share of Miami Motorsports, with Sanchez and Huizenga each retaining 10% ownership.[88] Sanchez stepped down from day-to-day operations in November, with Brian Skuza being appointed as general manager of the track.[89] In March 1998, Sanchez's ownership was bought out, with ISC and Penske Motorsports each increasing their ownership to 45%.[90] In September, Skuza officially announced the confirmation of a Winston Cup Series date for 1999.[91] In order to accommodate a Cup Series race weekend, the facility was upgraded to hold 71,763 permanent seats; an addition of 21,000.[92] In July 1999, the facility underwent a rebranding, with the facility being renamed as the Homestead–Miami Speedway.[93] That same month, ISC bought out Penske Motorsports, with ISC gaining a 90% stake over Miami Motorsports.[94] As part of the move, Skuza was replaced by executive vice president Curtis Gray as president of the track.[95] In September 2001, ISC bought out Huizenga's share of Homestead–Miami Speedway, LLC, taking over full control of the lease.[96]
By 2001, the city of Homestead was reported to have lost $34–51 million on potential profit on the track since 1999 due to the city changing its lease agreements to obtain a Cup Series date,[97] with Miami Herald writer Carl Hiaasen stating that due to the decision to change the city's lease agreement with ISC, "with one baffling stroke of the pen, Homestead agreed that it would take no share of its own speedway's profits, even if the NASCAR races were wildly successful."[98] In response to criticism, Gray stated that the track was not obligated to pay taxes to the city despite a Supreme Court of Florida ruling to end the track's property tax exemption[99] and that the facility was a "viable entity" for the city of Homestead despite the city of Homestead blaming their financial crisis on the track's lease agreement.[100] Gray later stated that critics of the facility and the lease agreement were "misinformed and looking for a scapegoat."[101]

In 2002, the facility experienced its second fatality when driver Jeff Clinton was decapitated when he crashed during a practice session for a
Capacity decline, leadership changes
In 2009, Gray stepped down from his position as president, with Matthew Becherer being named as Gray's replacement.[114] Two years later, track officials began lobbying for an expansion that would add 12,000 seats and other improvements to the facility.[115] Although the proposal was approved by July of that year,[116] by 2014, the track was reported by ISC to have decreased to 46,000 seats according to Bob Pockrass of Sporting News.[117] By 2019, according to Forbes' Dave Caldwell, the facility decreased its seating capacity to 43,000.[10] That same year, NASCAR bought out ISC in October, taking control of the lease for the track;[118][119] a month later, Becherer left his position as president, being replaced by senior vice president of operations of Homestead–Miami Speedway, Al Garcia.[120] Garcia retained his position until 2024, when he was replaced by Guillermo Santa Cruz.[121]
Events
Racing
NASCAR

The track hosts one annual NASCAR weekend, headlined by a
Open-wheel racing
Starting in 1996, the Grand Prix of Miami was moved from a street course based in Miami to then-named Homestead Motorsports Complex,[128] with Jimmy Vasser winning the first open-wheel event at the facility.[71] Until 2000, the event was sanctioned by Championship Auto Racing Teams (CART); CART failed to renew to 2001,[129] with the Indy Racing League (IRL) taking over sanctioning rights for the event.[130] In 2009, the race moved from being the season opener to the season finale for the IRL.[131] The series failed to renew for the 2011 season, ending a 17-year tenure at the track.[132]
In 2025, Formula E is scheduled to make their debut at the facility for the Miami ePrix, racing on the facility's road course.[133] For the Formula E race, Turn 1 was tightened, and a chicane was added on the backstretch.[134]
Other racing events
- The Formula Regional Americas Championship raced at the facility in 2020.[135]
- The FIA GT Championship has made two appearances at the facility, appearing in 1998[136] and 1999.[137]
- The Trans-Am Series has made occasional appearances since the speedway's inception, with the series last racing at the facility in 2018.[138]
Other events and uses
- Since 2021, the facility holds an annual Christmas lights drive-thru display that features over one million Christmas lights.[139]
Layout history
Lap records
As of April 2025, the fastest official race lap records at Homestead-Miami Speedway are listed as:
Notes
- ^ Homestead–Miami Speedway has a specific Grade 3 licence for its Formula E layout, named as "Grade 3E".
References
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- ^ "TA2 Powered by AEM Infinity - 2018 Trans Am Series Presented by Pirelli - Round 3 Homestead-Miami Speedway - April 13-15 2018 - Revised Official TA2 Race Results - April 16, 2018 5:45 AM" (PDF). April 15, 2018. Archived (PDF) from the original on June 24, 2024. Retrieved June 24, 2024.
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- ^ "NASCAR Cup 2019 Homestead - Race Fastest Laps". November 17, 2019. Archived from the original on May 25, 2022. Retrieved May 25, 2022.
- ^ "NASCAR Truck 2018 Homestead - Race Fastest Laps". November 16, 2018. Archived from the original on May 25, 2022. Retrieved May 25, 2022.
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External links
Media related to Homestead-Miami Speedway at Wikimedia Commons