Attendance, spending off

The owner and operator of the Las Vegas Motor Speedway reported higher revenues and earnings for the fourth quarter of 2001, which ended Dec. 31, over the same period a year ago.

Speedway Motorsports Inc., Concord, N.C., today reported earnings of $10.6 million, 25 cents a share, compared with $7.1 million, 17 cents a share, a year earlier. Results are based on revenue of $80.9 million, compared with $76.7 million last year.

Company officials said results were higher because several events postponed during the third quarter after the Sept. 11 terrorist attacks were rescheduled into fourth-quarter dates. The company said attendance per event and corporate spending were down from last year.

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