The track was built by NASCAR founder Bill France, Sr. to host racing that was being held at the former Daytona Beach Road Course and opened with the first Daytona 500 in 1959.[4] The speedway has been renovated three times, with the infield renovated in 2004,[5] and the track repaved in 1978 and 2010.[6]
The Daytona 500 is regarded as the most important and prestigious race on the NASCAR calendar.[7] It is also the series' first race of the year; this phenomenon is virtually unique in sports, which tend to have championships or other major events at the end of the season rather than the start. Since 1995, U.S. television ratings for the Daytona 500 have been the highest for any auto race of the year, surpassing the traditional leader, the Indianapolis 500 which in turn greatly surpasses the Daytona 500 in in-track attendance and international viewing. The 2006 Daytona 500 attracted the sixth largest average live global TV audience of any sporting event that year with 20 million viewers.[8]
Robert Pressley's car caught air after he spun on lap 10. The rear of the car lifted so much, the car was temporarily sliding across the track on its nose. The landing was quite hard, so after the crew repaired the car, then Busch Series competitor and future 2-time Camping World Truck Series Champion Todd Bodine hopped in to complete more laps.
Dale Earnhardt was involved in a crash in a six-way battle for the lead with 12 laps to go, in which his #3 Chevrolet scraped the backstretch wall by itself, then made contact with Dale Jarrett causing Earnhardt's car to roll over. While his car was on its roof, Earnhardt was contacted by Ernie Irvan in the #28 Ford. The hood of Irvan's car detached and sailed into the backstretch grandstand, injuring a few spectators. Earnhardt famously noticed that his tires were still on the car after the crash, had his car taken off the hook, and drove it back to pit road. The car was repaired and Earnhardt was able to return to the race, 5 laps down in 31st.
The race ended under caution after the Big One occurred on lap 196, involving 13 cars.
After Rick Mast failed to qualify for the Daytona 500, his sponsor Remington Arms signed an agreement to sponsor Loy Allen's entry for the Daytona 500.
After Joe Nemechek failed to qualify for the Daytona 500, his SABCO team reached an agreement to purchase Phil Barkdoll's entry and compete in the Daytona 500 in Barkdoll's car.
^"Race Tracks". NASCAR. Turner Sports. Archived from the original on June 28, 2011. Retrieved November 23, 2015.
^"Track facts". DaytonaInternationalSpeedway.com. Daytona International Speedway. Archived from the original on September 23, 2015. Retrieved November 23, 2015.
^"The History of ISC". InternationalSpeedwayCorporation.com. International Speedway Corporation. June 14, 2015. Archived from the original on December 1, 2017. Retrieved November 23, 2015.