Lowe's Motor Speedway Is Staying Put

Good news for North Carolina Nascar fans as Lowe's Motor Speedway in Concord near Charlotte will not be moving afterall.

Owner Bruton Smith has decided to keep his operation in Concord instead of moving it as he had threatened. Smith has said he was offered $70 million in government incentives to stay.

North Carolina is home to the majority of racing teams, and the Nascar Hall of fame is being built in Charlotte