Daytona Int'l Speedway To Lay Off Workers

Updated:

DAYTONA BEACH, Fla. — A popular Central Florida attraction in Daytona Beach has announced it will be closing its doors.

The parent company of Daytona International Speedway will close the Daytona 500 Experience and its IMAX theater next month.

The move is part of a company-wide cost cutting measure. Some people will lose their jobs, although speedway officials won't say how many. They are hopeful more opportunities in the future will allow them to rehire the laid-off staff.

"If we see the economy pick up in the next year, there's a chance to bring some staff back, but that is the hard part of this business decision that some folks will lose their job," said Joie Chitwood III, Daytona International Speedway.

The speedway will provide new tours of the Sprint Tower and the garages. The changes are slated to begin November 8th.

Since August, International Speedway Corporation has laid off 40 employees from its headquarters in Daytona Beach.