The series consisted of open-wheel race cars competing with stock engines.

The idea of the series was to draw from the popularity of other open-wheel racing events such as the Indianapolis 500.

[1] The first Speedway Division race was held at Darlington Raceway and was won by Buck Baker with a Cadillac engine.

Tex Keene, driving a car with a stock Mercury engine came from 16th place to win the race.

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