Kentucky Speedway is a 1.5 mile, tri-oval design, featuring a 1,600 foot long backstretch and four primary turns banked at 14 degrees. The racing surface is a uniform 57 feet wide throughout and includes a 12 foot apron, and the facility also includes a paved, quarter-mile oval which utilizes a portion of the pit lane and tri-oval. Sarah Fisher holds the absolute track record at Kentucky Speedway, having won the pole for the 2002 IndyCar race with a two lap average speed of 221.390 mph.

Originally constructed by a group headed by Jerry Carroll, Kentucky Speedway was sold to Speedway Motorsports in 2008. Speedway Motorsports subsequently expanded the track's seating capacity from 66,000 to 107,000, reconfigured the pit lane to include the quarter-mile oval and acquired an additional 200 acres of property to be utilized for camping on race weekends.