Speedway is a type of motorsport that involves racing specialized vehicles on oval tracks. The races typically feature high-speed cars or motorcycles, and they can be held on dirt or paved surfaces. Competitors aim to complete a set number of laps in the shortest time possible, showcasing their driving skills and the performance of their vehicles. The sport has various formats, including NASCAR and IndyCar racing, each with its own rules and vehicle specifications. Speedway events attract large crowds and are often accompanied by festivities, making them popular entertainment options in many regions.