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Hendrick Motorsports Expands with $14.2M Land Acquisition

12/16/2025

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Story summary
  • Hendrick Motorsports acquired about 20 acres near Charlotte Motor Speedway for $14.2 million in Concord, North Carolina.
  • The site at 7001 Bruton Smith Boulevard is adjacent to key racing venues.
  • Hendrick recently invested in a 204,000-square-foot manufacturing facility in Concord, costing $65–70 million.
  • Hendrick's Technical Solutions division faced controversy over a $2.2 million contract with U.S. Immigration and Customs Enforcement for SUVs, which the company says is routine.