The International Hot Rod Association (IHRA) has completed the acquisition of the motorsports facility in Millington, Tennessee, formerly known as Memphis International Raceway and Memphis Motorsports Park.

The facility has previously hosted major drag racing events and national touring series. Under IHRA ownership, the track will operate as a multi-use destination supporting drag racing, stock car competition, grassroots motorsports, and other large-scale community and regional events, the Fairfield, Ohio-based sanctioning body said.

“This is a special place in American motorsports,” said Darryl Cuttell, CEO of IHRA. “This facility has a deep history in drag racing and stock car competition, and our goal is to honor that legacy while building a strong, sustainable future. We are committed to bringing meaningful racing back to this property while expanding its role as a destination for a wide range of events that serve racers, fans, and the surrounding community.”

“This acquisition represents more than reopening a racetrack,” said Leah Martin, president of IHRA. “It is about restoring opportunity for racers, families, and the community. This facility aligns with IHRA’s racer-first vision and our commitment to grassroots motorsports, while also allowing the property to support diverse uses that strengthen its year-round impact.”

IHRA plans to begin facility improvements and operational preparations in the coming days. Additional announcements regarding schedules, programming, and revitalization efforts will be released in the near future, with updates shared through IHRA’s social media platforms.

For more information, visit ihra.com.