Wake County Speedway was built in 1962 by Glenn Simpkins and cousin Marvin Simpkins as a quarter mile, clay motorsports facility. It operated until 1964 under a lease agreement with Glenn Simpkins father, Oscar Simpkins. Due to other business interests, Glenn returned the lease to his father and Oscar Simpkins then leased the facility to Don Macon who operated it as Wake County Speedway until his death in 1982. After Mr. Macon’s death, his son subleased the speedway for the 1983/1984 seasons until the expiration of the lease.
In 1985, the speedway once again returned to Oscar Simpkins. However, due to health reasons, the speedway began operating under the management of brothers Talmadge and Glenn Simpkins with Talmadge’s daughter, Deborah Simpkins-McDonald being named track manager. At the conclusion of the 1986 season, the management saw the change in the trend of clay facilities being paved and decided to bring Wake County Speedway to asphalt status for the 1987 season. This was a welcome change for the competitors, as well as the fans, and attendance immediately increased 20% in the 1987 season.
After many years of being managed by the Simpkins family, they once again decided to lease out the track for the 2013 season. Adam Resnick took the reins and Adam and his team immediately made multiple improvements to the facility. At the end of the 2014 season, Adam decided to focus his attention on his own racing efforts and he put the assets of the speedway up for sale.Raleigh businessman, Mike Stodder, stepped in and purchased the assets of the speedway and leased the facilities for the 2015 racing season. Mike and Kristie Stodder successfully ran the Speedway for the 2015 through 2017 seasons with the help of Charlie Hansen. In 2018, Charlie Hansen purchased the assets from Mike and Kristie Stodder and plans to continue the legacy of this great track well into the future.