1 percent of U.S. steel production going into Speedway construction



VOLUSIA COUNTY, Fla. - Daytona International Speedway has reached a major milestone in its Daytona Rising project, and Wednesday Nascar fans got to be a part of it.

The project has cost the speedway about $400 million.

Officials said the amount of steel being installed is equal to 1 percent of steel produced in the United States each year.

Channel 9's Blaine Tolison caught up with Speedway president Joie Chitwood.

"Those are some of the numbers that show you that this isn't just changing out a couple seats, this is rebuilding the Daytona International Speedway," Chitwood said.

The construction will not change seating in 2014 but it will chance how fans enter and exit the stands.

The steel structure is just the beginning of some massive changes on the way.

Race fans were treated like race car drivers. Long time ticket holders like Mike Shaul and his son Jake from Colorado were given an introduction just like on race day. They got to sign steel being installed on the new speedway.

"It's been way more than I expected and I -- just terrific. It's awesome," Mike Shaul said.

"It's pretty cool to see all the stuff coming here that we see," Jake Shaul said.

Construction will stop around and during races. Chitwood said his team will create move gates, walkways, and clear the way for fans.

"We don't have the luxury of building a new property across the street and moving everyone over. It's going to be a challenge, but we're ready for it," Chitwood said.

Fans got a hard hat tour of the site, including Attorney General Pam Bondi, in town on business.

Sen. Mike Haridopolos stopped by, too.

Chitwood said they will consider expanding the project if a bill that would allow tax incentives for racing venues passes next year.