"This is a historic moment for NASCAR's most storied race track -- Daytona International Speedway," Braig said. "Daytona was originally repaved in 1978 and the time has come again to put new asphalt on this legendary race track."
In February, potholes on the track delayed the Daytona 500 for more than two hours. After a thorough evaluation of the track by specialists, the International Speedway Corporation made the decision to repave the track.
The repaving project will begin immediately after the Coke Zero 400 in July with a target completion date of Jan. 1, 2011.
In order to accommodate the repaving, the October motorcycles races, Richard Petty Driving Experience dates, testing sessions and other track rental events will be cancelled for the rest of the year.
The project should be done just in time for the kickoff of Speedweeks 2011.
Lane Construction, which repaved other ISC race tracks including Talladega Superspeedway, Homestead-Miami Speedway, Richmond International Raceway and Darlington Raceway, has been contracted to repave Daytona International Speedway.
If race fans want to claim a piece of history, they can renew their 2011 Daytona 500 tickets and each account holder will receive a portion of Daytona's track surface. The Daytona 500 ticket renewal process begins Saturday April 24th.