In 1992, Charlotte became the first intermediate track to install lights and allow for night racing. It is now commonplace for these types of tracks to host night races. Intermediate tracks usually have moderate to steep banking. Almost all modern race tracks that are still used in NASCAR and IndyCar today are of this type. Since their size allows them to compromise high speeds with sightlines, especially tri- and quad-ovals of 1.5-mile length have become commonplace in major racing series that use oval tracks.