Pocono Raceway has acquired South Boston Speedway. South Boston Speedway, which recently completed its 47th year of operation, is a NASCAR sanctioned 4/10 mile paved oval located in South Boston, Va. For the past five years, the Speedway has been directed by its President Joe Mattioli III, son of Dr. Joe Mattioli, CEO of Pocono Raceway and Manager Cathy Rice. During that time, South Boston has achieved the distinction of being recognized by Circle Track Magazine (March 2002) as the "Leader of the new generation of Super Short Tracks". Additionally South Boston boasts one of the biggest fields of NASCAR Late Model Stock Cars, averaging over 24 cars per event with each event paying $3,000 to win. South Boston has proven to be a great training ground for both competitors and future motorsports facility managers.