Las Vegas Motor Speedway has been named Speedway Motorsports Inc.'s Speedway of the Year for a record fourth time.

LVMS, which also received the honor from 2012-14, was chosen as Speedway of the Year from among the eight speedways that comprise the Speedway Motorsports Inc. facilities. The awards were announced Wednesday during Speedway Motorsports' Annual Awards Ceremony in Las Vegas.

The award is presented to the track for the best overall performance during the year in such aspects as fan friendliness, attendance, financial performance, sponsor relations and creativity. Officials at LVMS worked tirelessly with city and community leaders in 2017 to secure funding to bring a second NASCAR Monster Energy Cup Series weekend to the famed 1.5-mile speedway next season.

The speedway also announced plans and began construction to expand The Strip to a four-lane drag strip to host its first NHRA four-wide event in 2018.

Boosted by its robust track-rental program, LVMS continues to lead all eight Speedway Motorsports' facilities in earned revenue. In addition to eyeing future revenue opportunities, the speedway cut 2017 expenses.

Other awards went to Sonoma Raceway Director of Facilities Lino Ramos, who was named the O. Bruton Smith Award recipient, and to Atlanta Motor Speedway President and General Manager Ed Clark, who was recognized as Speedway Motorsports' Promoter of the Year.

"Speedway Motorsports prides itself on being best-in-class in providing unforgettable entertainment experiences for visitors from around the world year in and year out," said Marcus Smith, President and CEO of Speedway Motorsports. "We are blessed to have creative and passionate visionaries leading our company to set the industry standard and drive our company forward. It is a privilege to recognize Lino, Ed and the entire team at Las Vegas Motor Speedway for their hard work this year to once again answer that call to put fans first and be the very best."

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Click here for high-res photos of the award winners.

About Speedway Motorsports, Inc.
Speedway Motorsports, Inc. is a leading marketer, promoter and sponsor of motorsports entertainment in the United States. The Company, through its subsidiaries, owns and operates the following premier facilities: Bristol Motor SpeedwayCharlotte Motor SpeedwayKentucky SpeedwayLas Vegas Motor SpeedwayNew Hampshire Motor SpeedwaySonoma Raceway and Texas Motor Speedway. The Company provides souvenir merchandising services through its SMI Properties subsidiaries; manufactures and distributes smaller-scale, modified racing cars and parts through its U.S. Legend Cars International subsidiary; and produces and broadcasts syndicated motorsports programming to radio stations nationwide through its Performance Racing Network subsidiary. For more information, about the company, please visit the Speedway Motorsports website.