Homestead–Miami Speedway Location 1 Speedway Boulevard Homestead, Florida 33035 Time zone UTC−5 / −4 (DST) Capacity 46,000[1] Owner Ralph Sanchez Operator NASCAR Broke ground August 21, 1993 Opened November 5, 1995 Construction cost $70 million Former names Homestead Motorsports Complex Major events NASCAR Cup Series Dixie Vodka 400 NASCAR Xfinity Series Contender Boats 250 NASCAR Camping World Truck Series Baptist Health 200 Oval (1997-present) Length 1.500 mi (2.414 km) Banking Turns 18–20° (Progressive) Straights 3° Race lap record 0:24.462 (Sam Hornish, Jr., Penske Racing, 2006, IndyCar Series) Modified Road Course (1997-present) Length 2.300 mi (3.701 km) Turns 11 Race lap record 1:13.022 (David Donohue, Brumos Porsche, 2008, Daytona Prototype) Website www.homesteadmiamispeedway.com