Today, Greg Walter, a 17-year veteran of Speedway Motorsports, Inc. (NYSE: TRK), was promoted from within the company to the role of executive vice president of Charlotte Motor Speedway, Speedway Motorsports' President and CEO Marcus Smith announced.

In his new role, Walter will oversee daily operations of the motorsports megaplex campus, which includes the famed 1.5-mile superspeedway as well as zMAX Dragway and The Dirt Track at Charlotte. He will report to Smith.

Built in 1960, Charlotte Motor Speedway is home to one of the most diverse calendars of motorsports anywhere, including three NASCAR Sprint Cup Series race weekends, two NHRA drag races, two World of Outlaws race weekends, an eight-week U.S. Legend Car racing series, three national car shows and more.

"At Speedway Motorsports, we take great pride in our people and strive to promote leadership from within," said Smith. "During his time with the company, Greg has proven himself as a dedicated leader with a passion for excellence and a strong vision for our future. I am confident that he will embrace this new role with enthusiasm and look forward to all that he will bring to Charlotte Motor Speedway."

Walter joined Speedway Motorsports in 1999 as vice president of sales for Atlanta Motor Speedway before being promoted to the national team in 2014.

"Charlotte Motor Speedway has always been the gold standard," Walter said. "The people who work at the speedway and the passion they have makes all the difference. I'm humbled to be part of the team and look forward to getting to work to ensure that Charlotte Motor Speedway remains the benchmark for motorsports entertainment."

Walter graduated from the University of North Carolina at Chapel Hill with a degree in Journalism and began his professional career working for a small radio station in Wilson, North Carolina. From there, Walter worked in advertising sales for Raycom Sports, helped launch 96.1FM in Charlotte, and eventually became the head of affiliate and sponsorship sales for ESPN Regional.

After his time with ESPN, Walter moved to Capitol Broadcasting, a company based in Raleigh-Durham, where he oversaw advertising sales for national NASCAR radio networks, as well as the NHL's Carolina Hurricanes Television Network and the Duke University Sports radio network. After five years, he joined Speedway Motorsports in Atlanta.

In 2014, Walter was promoted to the Speedway Motorsports national sales team, where he was responsible for identifying and building partnerships at the eight world-class racing facilities in the Speedway Motorsports portfolio.

In his spare time, Walter enjoys spending time with his wife, Donna, and his two daughters, Katelyn and Elizabeth. He loves watersports, hiking and photography at his home in Charlotte, North Carolina.