Virginia Lottery signs on as official sponsor for Martinsville Speedway
Participating in this sponsorship deal:
About Sponsor:
The Virginia Lottery is an independent agency of the Commonwealth of Virginia. It was created when Virginians voted in 1987 in favor of a state lottery. The first ticket was sold on September 20, 1988. All profits from Virginia Lottery ticket sales go to K-12 public education in the Commonwealth. In Fiscal Year 2012, the Lottery's profits totaled $487 million, which accounted for approximately 8 percent of school funding in Virginia. That brought total Lottery profits in Virginia to $8.4 billion.
About Property:
Martinsville Speedway is an International Speedway Corporation-owned NASCAR stock car racing track located in Henry County, near Ridgeway, Virginia, just to the south of Martinsville. At 0.526 miles in length, it is the shortest track in the NASCAR Sprint Cup Series. The track was also one of the first paved oval tracks in NASCAR, being built in 1947 by H. Clay Earles. It is also the only racetrack that has been on the NASCAR circuit from its beginning in 1948.