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Chicago Motor Speedway

The Chicago Motor Speedway at was a short-lived motorsports racetrack located in , just west of , designed as a 1.029-mile (1.656 km) oval encircling an existing facility. Opened in 1999 after a 14-month period costing approximately $65 million, the track was developed by a led by Charles Bidwill III, president of the National Jockey Club and owner of the historic venue, and , a prominent team owner serving as the facility's president. The speedway's unique dual-purpose configuration allowed it to host both auto races and , with the oval convertible via modular barriers and turf adjustments, marking only the second such hybrid facility in the United States after Dover Downs. With a of 67,000, it aimed to revive major in the area, which had not seen significant events since board tracks closed in the early . The inaugural event was the 1999 Target Grand Prix, a Championship Series race won by , followed by three more events through 2002, including the 2002 Championship Series finale. Additionally, it hosted two Camping World Truck Series races in 2000 and 2001, marking the first events in the region. Despite initial promise, the track struggled with low attendance, averaging under half capacity for oval events amid competition from the newly opened in nearby Joliet, which drew larger crowds for NASCAR's premier series. Financial losses mounted due to the series' declining popularity and the high operational costs of the hybrid venue, leading to the suspension of the 2002 auto racing schedule and permanent closure to motorsports in 2003. The site ceased all operations, with the grandstands and track demolished in 2009; today, the property serves mixed commercial and recreational uses, including a supercenter, beverage distribution warehouse, and public park, remembered as one of the most notable financial failures in modern racing history.

Track Overview

Location and Site History

The Chicago Motor Speedway was located in , at the intersection of 33rd Street (West 33rd Street) and Laramie Avenue, roughly 8 miles west of downtown , providing easy access via the Eisenhower Expressway (I-290) and Stevenson Expressway (I-55). This suburban position placed it within the densely populated , serving as a convenient venue for regional motorsport enthusiasts. The site originally housed , a prominent track that opened in 1932 under the ownership of the National Jockey Club and became a key fixture in racing. Operational for seven decades, it hosted numerous stakes races and drew significant crowds until economic pressures and industry consolidation led to its closure for in 2002 following a merger with the adjacent . The seven-furlong (0.875-mile) dirt oval at had been a staple of Midwest , but declining attendance and competition from other venues prompted its transformation. In 1998, a led by prominent racing team owner , in partnership with Sportsman's Park executives including Charles Bidwill III, announced plans to repurpose the site into a modern facility, capitalizing on the surging popularity of open-wheel and stock car series in the Midwest where no major oval existed near . occurred in 1998, marking the shift from to use amid broader regional demand for high-profile racing events. However, the venue soon encountered rivalry from the , a larger NASCAR-oriented track that opened in nearby Joliet in 2001.

Design and Specifications

The Chicago Motor Speedway consisted of a 1.029-mile (1.656 km) concrete oval track designed in a Milwaukee-style configuration, characterized by long straights and tight, rounded turns. This layout emphasized wide racing surfaces to facilitate close-quarters competition, with the track measuring 80 feet across in the corners and 70 feet wide on the straights. Banking was relatively flat compared to many contemporary ovals, at 6 degrees in the turns and 2.7 degrees on the straightaways, promoting a driving style akin to that on short, technical tracks like . The facility was engineered for high-speed oval racing suited to open-wheel series such as and stock car events in the . Spanning nearly 100 acres, the complex integrated the oval around the existing horse racing infield, allowing for dual-use operations including on a separate dirt track within the oval's interior. Safety features included energy-absorbing barriers along the perimeter, reflecting early standards for venues. Spectator amenities centered on a phased grandstand development, with Phase I providing seating for 67,000 patrons through a combination of fixed s and luxury suites. Plans for Phase II expansion aimed to increase capacity to 90,000–95,000, though these were never realized due to the track's short operational lifespan. Parking infrastructure supported up to 25,000 vehicles within a one-mile radius, enhancing accessibility for Chicago-area events. The overall design prioritized urban proximity while accommodating large crowds for major race weekends.

Development and Operations

Construction and Opening

The Chicago Motor Speedway's development began with groundbreaking in 1997 around the existing horse racing track in . A group of investors, including CART team owner , Charles Bidwill III, and Dwayne McArthur, led the project with a total construction cost of approximately $70 million. Construction progressed through 1998 and into 1999, incorporating a 1.029-mile concrete oval designed to host open-wheel and . The track was completed in mid-1999, allowing for initial shakedown and test sessions in the early summer to prepare for operations. These milestones ensured the facility met safety and performance standards ahead of its public debut. The speedway opened on August 22, 1999, with the inaugural Target Grand Prix, a Championship Series event that drew an attendance of about 70,000 spectators. As its anchor series, committed to annual races at the venue, reflecting the track's origins tied to open-wheel through Ganassi's involvement. Plans were also in place to expand to events, aiming to broaden the facility's appeal in the competitive market.

Financial Challenges

The Chicago Motor Speedway faced significant revenue challenges shortly after its debut, primarily due to low attendance figures that failed to cover high operating costs. For instance, the inaugural Target in July 2001 drew an estimated crowd of 35,000 to 40,000 spectators, well below expectations for a facility designed to host major events. These subdued turnouts persisted, exacerbating the financial strain as maintenance and event promotion expenses remained substantial for the converted venue. A key factor in the track's declining viability was the opening of in 2001, located just 40 miles away in , which attracted events and a larger fanbase oriented toward . This competition diverted potential audiences and sponsorship dollars from Chicago Motor Speedway, which primarily relied on open-wheel series like , leaving it unable to secure high-profile dates. The presence of the newer, purpose-built intensified market saturation in the Chicago area, further eroding the track's economic position. In February 2002, the track announced the suspension of its racing schedule due to financial distress, though CART assumed promotion duties and held its season finale event on June 30, 2002. This decision reflected broader financial distress, including CART's own operating losses reported in mid-2002 and the post-2000 motorsports industry downturn triggered by economic factors and the IRL-CART schism. In 2003, the town of Cicero acquired the property for $18 million, marking the end of private ownership and highlighting the track's unsustainable financial model.

Closure and Current Site

Operations at the Chicago Motor Speedway were suspended following the CART FedEx Championship Series race, with the track officially closing in 2003 due to ongoing financial difficulties in the motorsports industry. The Town of purchased the property that year for $18 million amid mounting losses that rendered continued operations unviable. Demolition efforts commenced in February 2005 with the removal of the main grandstands, though the track surface initially remained intact. Phased dismantling continued over the following years, culminating in the complete razing of all structures and the track by January 2009. The redeveloped site, spanning approximately 70 acres in , now features commercial facilities with no remnants of its racing past. The eastern portion includes a public park, while the western side hosts a Supercenter—opened in 2014 on 21 acres—and a 600,000-square-foot for the Wirtz Beverage Group, which began operations around 2012. The speedway's rapid demise has been viewed as a cautionary example of market oversaturation in American motorsports, particularly as the nearby opened in 2001 and drew away potential audiences and events from the area. This shift contributed to a reconfiguration of regional priorities, emphasizing larger, more versatile venues over the Chicago Motor Speedway's ambitious but short-lived model.

Racing Events

CART Champ Car Series

The CART Champ Car Series served as the premier racing series at Chicago Motor Speedway, hosting four events from 1999 to 2002 that highlighted the track's role in open-wheel . These races, held on the 1.029-mile , showcased high-speed competition among top international drivers and teams, with the series' aerodynamic and powerful engines well-suited to the venue's banking and layout. The events were pivotal in establishing the speedway as a key stop on the CART during a period of intense competition in American . The inaugural race, the 1999 Target Grand Prix held on August 22, was won by rookie driving for in a Reynard/Honda entry; he completed 225 laps for a total distance of 231.525 miles at an average speed of 122.236 mph. The 2000 Target Grand Prix, on July 30, saw claim victory for PPI Motorsports in a Reynard/, also over 225 laps and 231.525 miles, though at a slower average of 114.432 mph due to caution periods. In 2001, on July 29, triumphed for Team Rahal in a Lola/Ford-Cosworth, covering the same 225 laps and distance at 132.031 mph, marking one of the fastest race averages at the track. The final CART event, the 2002 Grand Prix of Chicago on June 30, returned to da Matta, now with in a /Toyota; it extended to 250 laps for 257.25 miles at 121.524 mph.
YearDateRace NameWinner (Team, Chassis/Engine)LapsDistance (miles)Average Speed (mph)
1999August 22Target Grand PrixJuan Pablo Montoya (Chip Ganassi Racing, Reynard/Honda)225231.525122.236
2000July 30Target Grand PrixCristiano da Matta (PPI Motorsports, Reynard/Toyota)225231.525114.432
2001July 29Target Grand PrixKenny Bräck (Team Rahal, Lola/Ford-Cosworth)225231.525132.031
2002June 30Grand Prix of ChicagoCristiano da Matta (Newman/Haas Racing, Lola/Toyota)250257.25121.524
These races anchored the speedway's early operations, with the 1999 debut drawing a near-sellout crowd of almost 70,000 spectators and contributing to CART's expanded presence in the Midwest market amid the ongoing with the Indy Racing League. By 2002, CART's decision to lease and self-promote the event underscored the track's strategic importance to the series before its eventual financial struggles and the broader open-wheel split intensified.

NASCAR Craftsman Truck Series

The Chicago Motor Speedway hosted two races, both titled the Sears Craftsman 175, as part of its brief effort to diversify events with and attract Midwest fans to closed-wheel competition. These 2000 and 2001 events represented the series' only visits to the 1.029-mile short oval, marking the first major NASCAR-sanctioned races in the area since a 1956 convertible event at [Soldier Field](/page/Soldier Field). The inaugural race on August 27, 2000, saw claim victory in the No. 18 fielded by Racing, starting from the pole at 117.612 mph and leading 41 laps despite a prolonged under caution. The event extended to 177 laps via a green-white-checkered finish, with Ruttman holding off by 0.330 seconds over the 182.133-mile distance. On August 18, , won the series' final race at the track, piloting the No. 2 for Motorsports to a narrow 0.281-second triumph over Dennis Setzer after leading 12 laps in the scheduled 175-lap, 181.075-mile contest. Riggs' strategic pit calls proved decisive when 16-year-old , who had dominated with superior pace, depleted his fuel on lap 163 during a late restart, dropping from the lead and allowing Riggs to inherit the top spot. Following the 2001 race, the discontinued events at Chicago Motor Speedway, relocating to the newly constructed for ongoing Chicago-area appearances starting that year.

ARCA and Regional Series

The Chicago Motor Speedway hosted several ARCA and regional series events during its brief operational period from 1999 to 2002, serving as undercard attractions to bolster event lineups and foster regional racing interest. These races featured a mix of stock car, open-wheel, and truck competitions, drawing local and developmental talent while complementing the track's primary international series programs. In the ARCA Lincoln Welders Truck Series, the track staged a single event on August 18, 2001, consisting of 50 laps around the 1.029-mile oval, with , Ohio's Robbin Slaughter claiming victory in a race marked by light attendance due to impending rain. The Mid-American Stock Car Series appeared earlier, on September 11, 1999, for a 30-lap feature won by driver Mike Monroe, who edged out competitors Curt Van Der Wall and James Swan in a regional showcase. Other regional and developmental series further diversified the undercards. The ASA Tour debuted at the speedway on July 16, 2000, with the USA Meats 200—a 200-lap stock car race—won by Georgia's Mike Garvey, marking a significant early appearance for the series in . In open-wheel action, the USAC Series ran a 25-lap event on the same date, where 20-year-old from , secured the win ahead of Ryan Scott and Tracy Hines, contributing to his championship season. Additional support races in 1999 highlighted emerging talents in open-wheel feeder categories. On August 21, won the 60-lap KOOL event, earning Rookie of the Year honors in the series with his victory on the oval. The following day, August 22, of took the Mi-Jack 100 in the Dayton Indy Lights series, leading all 100 laps for his first career win and propelling him to rookie points leadership. On September 12, Ryan Newman won the 25-lap ARCA Auto Value Midget Series event. Complementing the stock car focus, Minnesota's Jodi Clark won the 30-lap Super Trucks feature on September 12, rounding out a weekend of diverse regional . These ARCA and regional events played a key role in filling out the speedway's event schedules, often as supports to Champ Car races, and helped cultivate local fan engagement in the area. However, the track's short lifespan—ending with in 2002 amid financial difficulties—limited their overall impact and frequency.

Performance Records

Lap Records

The Chicago Motor Speedway's 1.029-mile (1.656 km) configuration facilitated high-speed racing during its brief operational period from 1999 to 2002, with official lap records established across several open-wheel categories during race weekends and testing sessions. These records reflect the track's design, which featured shallow 6-degree banking in the turns, allowing for competitive speeds in Champ Car and support series events. No records have been updated since the track's in 2002. The following table summarizes the official fastest race lap records for the oval, set by prominent drivers in their respective series:
CategoryTimeDriverVehicleDate
CART/Champ Car0:23.687Roberto MorenoSwift 010.c-Ford1999
Indy Lights0:25.723Scott DixonLola T97/202000
Formula Atlantic0:26.607Sam Hornish Jr.Swift 008.a1999
Barber Pro Series0:30.968Sepp KosterReynard 98E2001
In addition to race lap records, the track's qualifying benchmark in CART/Champ Car remains Juan Pablo Montoya's pole position time of 22.107 seconds (167.567 mph) set in a Reynard 2KI-Toyota during the 2000 event.

Qualifying and Race Records

The Chicago Motor Speedway's short history featured impressive qualifying speeds and race performances, particularly in the CART Champ Car Series events from 1999 to 2002. Pole positions showcased the track's high-speed oval configuration, with drivers pushing the 1.029-mile layout to its limits during single-lap attempts. These qualifying efforts often set the tone for races that emphasized strategy and endurance on the slightly banked surface.
YearSeriesPole WinnerSpeed (mph)
1999CARTMax Papis162.559
2000CARTJuan Pablo Montoya167.567
2001CARTTony Kanaan160.052
2002CARTDario Franchitti158.118
Race statistics further highlight the venue's competitive nature. The fastest race average occurred in the 2001 Target Grand Prix, where completed 225 laps at 132.031 mph, benefiting from efficient pit strategy and minimal cautions. In contrast, the 2002 CART Grand Prix extended to 250 laps due to scheduling adjustments, marking the longest event at the track and testing driver stamina over 257.25 miles. Notable achievements include the highest attendance of nearly 70,000 spectators for the 1999 debut, reflecting initial excitement for the new facility. dominated the inaugural race by leading 132 laps, the most in a single event at the speedway, underscoring his rookie prowess. In the , the two events in 2000 and 2001 lacked prominently documented official poles, but the 2001 Sears Craftsman 175 delivered a thrilling conclusion with holding off challengers for the win through savvy pit stops. These records capture the track's brief era of high-stakes oval racing before its closure.