Speedway is a town in Wayne Township, Marion County, Indiana, United States. The population was 11,812 at the 2010 U.S. Census. Speedway, which is an enclave of Indianapolis, is the home of the Indianapolis Motor Speedway. Speedway was laid out in 1912 as a residential suburb. It took its name from the Indianapolis Motor Speedway. It is an early example of a residential community planned for the industrial plants located nearby. Carl G. Fisher, James A. Allison, Frank Wheeler, and Arthur Newby, founders of the Indianapolis Motor Speedway, planned the suburb of Speedway west of the track. Fisher and Allison owned plants that needed workers, the Prest-O-Lite factory and Allison Engine Company. The investors' goal was to create a city without horses, where residents would drive automobiles, as well as participate in creating mechanical parts for new modes of transportation. More information...
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