Racingnews.com is reporting that the state of North Carolina has signed into law a $25.9 billion dollar budget with $40 million dollars of that money going to race tracks in the state.

Among those receiving renovations is the North Wilkesboro Speedway, which will receive $18 million dollars of that money to upgrade the facility. The North Wilkesboro Speedway officially opened in 1949 before it closed in 1996. The speedway briefly reopened in 2010 and hosted several Stock Car Series races, including the now-defunct ASA Late Model Series, USARacing Pro Cup Series, and PASS Super Late Models, before closing again in the spring of 2011. 

Richard Petty was the winningest driver at North Wilkesboro with 15 wins lifetime; Darrell Waltrip was next with 10; the late Dale Earnhardt and Cale yarborough each had five wins a piece. Petty was the most dominant driver at the track., On top of his 15 wins, Petty also posted 33 top-5 finishes and 42 top-10 finishes (all three are track records). 

The North Wilkesboro Speedway was a regular stop on the NASCAR circuit for years. It hosted the Union 400 from 1961-1996, and the Tyson Holly Farms 400 from 1979-1996.

The 1996 Tyson Holly Farms 400 was the last Winston Cup Series race held at the track. The track was closed after the fall race of 1996. North Wilkesboro's spring date was moved to Bruton Smith's new Texas Motor Speedway. The fall date was taken over by Bahre's New Hampshire track and moved to early September as part of a schedule realignment. Since the sale to Bahre and Smith, there have been attempts to buy the track and reopen it.