The speedway was built with a one-third banked oval, a drag strip, and a road racing course. There were plans to have a super speedway oval (similar to that at Daytona) and a 5.2 mile road course similar to Riverside in California to be constructed in 1971, but those plans were never realized. Home to many famous races, the speedway was a nationally recognized National Hot Rod Association racetrack. The International Hot Rod Association held its Winter Nationals at Miami-Hollywood in 1975 and 1976. The track also held the annual Coca-Cola Funny Car Cavalcade of Stars. Numerous well-known drag racers came to race, such as "Big Daddy" Don Garlits, "Jungle Jim" Liberman, Dale Armstrong, "TV Tommy" Ivo, and Shirley Muldowney.