Owned by the City of Homestead and operated by the International Speedway Corporation, Homestead-Miami Speedway is one of the popular motor racing tracks of Florida. The track has promoted several series of racing, including NASCAR, the Verizon Indy Car Series, the Championship Cup Series and the Grand-Am Rolex Sports Car Series. The track was opened in November 1995 with a construction cost of $70 million. The oval track covers a length of 1.5 miles (2.4 km) while road course track is 2.3 miles (3.7 km) long and has 11 turns.
The racing track due to its liberal usage of colors like aqua, silver, and purple reflects the district of Miami Beach.
In 2003, the circuit went through a reconfiguration. Most of the flat turns were changed to steep variable banking. In the year 2005, lights were installed to allow night racing. 
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