During May 2008, the speedway announced that Speedway Motorsports Inc. bought the speedway from Jerry Carroll. Bruton Smith invested $50 million in the speedway, and planned to move a NASCAR Cup Series event to the track by 2009. However, the speedway did not receive a NASCAR Cup Series event in the 2009 season. Also in 2009, the lawsuit against NASCAR and ISC was dropped by Carroll, but other former owners of the speedway sued Carroll, therefore extending the lawsuit even further.