Lakewood Speedway was considered the "Indianapolis of the South" as it was located in the largest city in the Southern United States and it held an annual race of the Indy cars.

[2] By 1938, the track was hosting races with champ cars, horses, midgets, modifieds, motorcycles, and boats (in the infield lake).

The track closed in 1941, like all United States racetracks, because the U.S. government banned all automobile racing to conserve materials during World War II.

It officially closed on September 3, 1979 with Buck Simmons winning the final race ever held there, it was then allowed to be overgrown with grass and bushes.

[2] As of 2008, the grandstand is still standing, but the third and fourth turns of the racetrack are covered by the back parking lot for Lakewood Amphitheatre.

Billy De Vore was attempting to finish the race at a slow pace after he had engine problems when Robson crashed into his car.

Robson was unable to see De Vore's car until it was too late because the dust in the air caused limited visibility.

[6] Skimp Hersey received severe burns in a stock car crash at Lakewood Park Speedway on June 11, 1950.

[8] Frank Luptow of Tampa, Florida died when the axle on his stock car broke causing it to flip over, crushing him in the process.

Second place finisher Lee Petty (Richard's father and car owner) protested the result, asking for a recount of the race's scorecards.

Bill Blair drove a 1952 Oldsmobile owned by George Hutchens to his second win at Lakewood Speedway on April 20, 1952.