Las Vegas Motor Speedway, located in Clark County, Nevada, just outside Las Vegas, is a 1,200 acre complex of multiple tracks for automobile racing. The complex is owned by Speedway Motorsports, Inc., which is headquartered in Charlotte, North Carolina.

The drag strip, known as The Strip, is open every other Friday night for locals to drag race in what is called the Midnight Mayhem program. This is an effort to get street racing off of local streets and into a safer environment.

The track is used by the Las Vegas Metropolitan Police Department as their driver training facility.

The speedway has often been referred to as "The Diamond in the Desert."

The speedway has also been known as "The House Of Roush" because nearly all of his drivers have had success at the track including Matt Kenseth (2), Mark Martin (1), and Jeff Burton (2). Burton and Martin also won NASCAR Nationwide (formerly Busch) events at LVMS, although Burton (Richard Childress Racing) and Martin (JR Motorsports) have won their most recent Nationwide Series races with different teams.

The Winston No Bull 5 Million Dollar Bonus was held at the track from 1999 to 2002. Jeff Burton won a million dollars in 2000 and Jeff Gordon won the bonus in 2001. Burton in 1999 and Sterling Marlin in 2002 were not eligible.

In 2006, plans were announced to reconfigure the track after the March 2006 NEXTEL Cup Series (now Sprint Cup Series) race. This reconfiguration entailed "progressive banking" which increases the degree of banking the further up the track you are located. This increased side-by-side racing. The speedway also constructed a fan zone nicknamed "The Neon Garage". This area has live entertainment, unprecedented access to the drivers and teams and is home to the Winner's Circle. The speedway moved pit road 275 feet closer to the grandstands, built a new media center and added a quarter-mile Legends oval in the tri-oval area.

As of August 8, 2006 the newly reconfigured track reopened to stock cars. 2004 NASCAR Cup Champion and Las Vegas native Kurt Busch, who drives the #2 Miller Lite Penske Dodge, became the first NASCAR NEXTEL Cup (Now Sprint Cup Series) driver to test a stock car on the newly reconfigured track. Jeff Burton became the first driver to win on the newly paved LVMS in a Busch Series (Now Nationwide Series) Monte Carlo SS. Jimmie Johnson won the first NEXTEL Cup Series race after its reconfiguration.