The venue was bought by Speedway Motorsports in 1990. In 1994, 46 condominiums were built over the northeastern side of the track. In 1997, to standardize the track with Speedway Motorsports' other two intermediate ovals, the entire track was almost completely rebuilt. The frontstretch and backstretch were swapped, and the configuration of the track was changed from oval to quad-oval, with a new official length of where before it was . The project made the track one of the fastest on the NASCAR circuit.
