Millington, Tennessee, January 7, 2026
The International Hot Rod Association has acquired Memphis Motorsports Park in Millington, Tennessee, intending to invest $60 million in its redevelopment. The ambitious plan includes constructing new racing tracks, a 40,000-seat amphitheater, and hosting various racing events by fall 2026. This initiative is expected to revitalize the historic facility and significantly boost local tourism and economic activity.
Memphis, Tennessee
The International Hot Rod Association (IHRA) has acquired the historic Memphis Motorsports Park in Millington, Tennessee, with plans to invest $60 million in redevelopment. The project aims to revitalize the facility by introducing new tracks, a 40,000-seat amphitheater, and hosting racing events by fall 2026.
Details of the Redevelopment
The redevelopment plan includes:
- New Tracks: Construction of state-of-the-art racing circuits to accommodate various motorsport events.
- 40,000-Seat Amphitheater: A large-scale venue designed to host concerts and other large-scale events, enhancing the facility’s versatility.
- Racing Events: Hosting a series of racing competitions, including drag racing and stock car events, starting in fall 2026.
Background of the Facility
Opened in 1987, Memphis Motorsports Park has a rich history in American motorsports, hosting major drag racing events and national touring series. The facility has been largely dormant since 2022, and its acquisition by IHRA marks a significant step toward its revitalization. The IHRA plans to transform the property into a multi-use destination supporting a wide variety of competitions, including drag racing, stock car racing, and grassroots motorsports. Revitalization efforts are scheduled to begin in January 2026, with the organization already confirming major events for the upcoming season.
Economic and Community Impact
The redevelopment is expected to boost tourism and economic activity in Millington and Shelby County. By hosting a variety of events, the facility aims to attract visitors year-round, providing a significant economic impact for the region. The project also aligns with the IHRA’s goal of honoring the legacy of Memphis Motorsports Park while positioning it for a strong future.
Related Developments in Memphis
Memphis is witnessing a surge in sports and entertainment infrastructure investments. Notably, the city is moving forward with a $55 million renovation of AutoZone Park, signaling a strong commitment to keeping the Memphis Redbirds in the city long-term and potentially sparking new development around the stadium. This renovation focuses on deferred maintenance, enhancing the fan experience, and exploring ideas for a next-generation “AutoZone Park of the Future.”
Additionally, the Memphis City Council has approved two key funding measures for a $550 million renovation of the FedExForum, aiming to secure the Memphis Grizzlies’ long-term future and further enhance the city’s sports and entertainment offerings.
Conclusion
The $60 million redevelopment of Memphis Motorsports Park by the IHRA is set to transform the facility into a premier destination for motorsports and entertainment. This initiative, along with other significant investments in Memphis’s sports infrastructure, underscores the city’s commitment to economic growth and community engagement through enhanced recreational and entertainment venues.
Frequently Asked Questions (FAQ)
What is the International Hot Rod Association (IHRA)?
The International Hot Rod Association (IHRA) is a sanctioning body for drag racing and other motorsport events, overseeing competitions and promoting the sport globally.
When did IHRA acquire Memphis Motorsports Park?
IHRA completed the acquisition of Memphis Motorsports Park on December 23, 2025.
What are the key features of the redevelopment plan?
The redevelopment plan includes new tracks, a 40,000-seat amphitheater, and hosting racing events by fall 2026.
How will the redevelopment impact the local economy?
The redevelopment is expected to boost tourism and economic activity in Millington and Shelby County by hosting a variety of events, attracting visitors year-round.
What other sports infrastructure developments are happening in Memphis?
Memphis is also moving forward with a $55 million renovation of AutoZone Park and a $550 million renovation of the FedExForum, aiming to enhance the city’s sports and entertainment offerings.
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Key Features of the Redevelopment
| Feature | Description |
|---|---|
| New Tracks | Construction of state-of-the-art racing circuits to accommodate various motorsport events. |
| 40,000-Seat Amphitheater | A large-scale venue designed to host concerts and other large-scale events, enhancing the facility’s versatility. |
| Racing Events | Hosting a series of racing competitions, including drag racing and stock car events, starting in fall 2026. |
Deeper Dive: News & Info About This Topic
HERE Resources
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IHRA Acquires Historic Motorsports Facility in Millington
Author: STAFF HERE MEMPHIS WRITER
The MEMPHIS STAFF WRITER represents the experienced team at HEREMemphis.com, your go-to source for actionable local news and information in Memphis, Shelby County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Beale Street Music Festival, Elvis Week, and Memphis in May International Festival. Our coverage extends to key organizations like the Greater Memphis Chamber and the Memphis Convention & Visitors Bureau, plus leading businesses in logistics, healthcare, and music that power the local economy such as FedEx, St. Jude Children's Research Hospital, and AutoZone. As part of the broader HERE network, including HEREBristol.com, HEREChattanooga.com, HEREKnoxville.com, and HERENashville.com, we provide comprehensive, credible insights into Tennessee's dynamic landscape.
