Speedway Motorsports Promotes Michael Hodge to CFO

Speedway Motorsports Promotes Michael Hodge to CFO

Hodge will be responsible for overseeing the company's financial strategy, reporting and analysis.

Speedway Motorsports announced today that Michael Hodge has been promoted to Chief Financial Officer (CFO). Hodge, who previously served as the company’s Chief Accounting Officer, brings more than 15 years of financial and accounting experience with the company to his new role. As CFO of Speedway Motorsports, Hodge will be responsible for overseeing the company’s financial strategy, reporting and analysis.

Hodge joined Speedway Motorsports in 2006 and has served in various financial management positions with the company. Prior to joining Speedway Motorsports, he worked as an audit and assurance manager at Deloitte, where he specialized in serving publicly traded and privately held companies in the motorsports and automotive retail industries. Hodge holds a bachelor’s degree in accounting from the University of North Carolina at Charlotte and is a certified public accountant. In addition to his role at Speedway Motorsports, Hodge will also serve as CFO at Sonic Financial Corporation, where he has been an officer since 2016. Hodge also is a member of the board of directors at Sonic Automotive, Inc. since 2022.

“Michael has been a key member of our finance team for many years and has played an integral role in our company’s success,” said Speedway Motorsports president and CEO Marcus Smith. “His deep understanding of our business, combined with his financial expertise and leadership skills, make him an ideal candidate to serve as our CFO. We are excited to see Michael take on his new role and to continue contributing to the growth and success of our company.”

Bill Brooks, the company’s long-time CFO, will continue to serve the company in his current vice chairman and treasurer capacities, and as a member of the board of directors. Brooks has been with the company since 1983, serving in various leadership roles and has been a member of the company’s board of directors since 1995. Brooks has also been a member of the Sonic Automotive, Inc. board of directors since 1997.

“This is an honor and I’m thankful to have the opportunity to serve as Speedway Motorsports’ CFO,” said Hodge. “I’m passionate about our company, team and industry. I look forward to working even more closely with Marcus, Bill and our leadership team to drive growth and create more value for our stakeholders.”

You May Also Like

Beth Skove Joins AACF Board of Trustees

Skove brings more than 30 years of sales and marketing experience in the automotive aftermarket.

The Automotive Aftermarket Charitable Foundation (AACF) has announced the election of Elizabeth (Beth) Skove to its board of trustees. Skove is senior marketing manager at Myers Industries | Myers Tire Supply.

“Beth’s diverse background and extensive experience in the aftermarket will undoubtedly enrich our board discussions and bring valuable insights to our decision-making processes,” said Larry Magee, president of AACF. “We look forward to working with her to advance our mission of helping those industry families who need it most.”

MEMA’s Liz Goad Earns Exhibition Mgmt. Certification

The distinction demonstrates the highest professional standard in exhibitions and events management.

Fontaine Modification Names Central Region Sales Manager

The addition of Tim Vitt completes the Medium & Heavy Truck Operations regional sales team.

REV Group Appoints Mark Skonieczny as CEO

Skonieczny previously held positions as VP and corporate controller of Adient PLC and spent 17 years at Johnson Controls.

Velocity Modern Classics Restructures Executive Team

New executive roles and strategic hires follow record sales and the release of new vehicle product offerings.

Other Posts

MAHLE Motorsport Hires New Marketing Manager

Former Hot Rod Magazine Editor Rob Kinnan joins the company after a storied 30-year career in performance and racing.

Holley Appoints Matthew Stevenson as President and CEO

On June 6, Stevenson will replace Interim President and CEO, Michelle Gloeckler, who will remain a member of the board.

DMA Announces New Strategic Sales Account Manager

Jaime Rivera joins the team.

Andrew Johnson and Jim Merle Join AACF Board of Trustees

Both Johnson and Merle bring unique insights and expertise to the AACF’s mission, says the foundation.