Pikes Peak Meadows was a dirt horse racing track facility opened in 1964 20 mi (32 km) south of Colorado Springs and 25 mi (40 km) north of Pueblo, Colorado, with a large, blue, covered grandstand on the west. The facility was annexed by the City of Colorado Springs c. 1985 and after its horse racing ended in 1993, the city "approved the speedway in January 1996".C. C. Myers "announced plans in May 1996 to build a major auto racing facility" at Pikes Peak Meadows.
In 1997, "Apollo Real Estate Advisors LP formed a joint venture January 30 with Raceway Associates, a partnership headed by California contractor and developer C.C. Myers Inc, to own and run the 1,300-acre" speedway complex. The asphalt track was constructed 6 ft (1.8 m) below the "normal ground level", C.C. Myers planned "to get a big-time NASCAR race in 1998", and the facility had an open house for the local community on May 31, 1997. The first race's attendance (June 8) was 16,810,[verification needed] the Richard Petty Driving Experience used PPIR July 2–17, the first IRL Series race on June 28 was televised, and a Winston West 500K race was held in July 1997.
Earlier in 1996, a competing track near Denver in Adams County, Colorado was attempted by Penske Motorsports, Inc. which merged in 1999 with the International Speedway Corporation. In 2002 ISC gained "the right of first refusal should PPIR owners decide to sell their 1,200-acre complex" and in October 2005 for $11 million, "bought out the owners of Pikes Peak International Raceway" (racing operations were suspended and the scoreboard was moved to Texas Motor Speedway.) In 2006, meetings "between attorneys representing [Commerce City, near Denver] and International Speedway Corporation" were conducted before ISC "announced in February  that it was eyeing land in Commerce City as well as eastern Aurora for the track. It envision[ed] a $360 million to $400 million track and stadium that could hold 75,000 to 80,000 fans." A new opposition group, Commerce City Citizens and Business Alliance, endorsed anti-raceway candidates which won local elections, and in May 1997 "ISC executive Wesley Harris said the 1,300-acre parcel the company was considering near Denver International Airport was not compatible with its needs". ISC sold PPIR in November 2006 (the purchase closed in the first quarter of 2007), and PPIR operations resumed in 2008.
^ abcBergsten, Tim (October 12, 1997). "PPIR races through 1st year, tunes up for next". The Gazette. Myers, and Apollo Real Estate Advisory of New York, the track's co-owners, didn't borrow money to build PPIR. Neither has a loan to pay.
^Sommer, William (June 3, 1997). "From a dream and a vision to this weekend's race". The Gazette.
^J. J. Stoner, Madison, Wis. ("Beck & Paul, Lithographers, Milwaukee") (1882). [www.loc.gov/item/75693126 Panoramic Bird's Eye View of Colorado Springs, Colorado City & Manitou, Colo.] (Map). www.loc.gov/item/75693126. "Palmer House…Cascade [across from end of] Pikes Peak" (image link to the Library of Congress)
^Colorado Springs, Colorado City and Manitou City Directory. Vol. XIII. The R. L. Polk Directory Co. 1916. Pike's Peak Ocean-to-Occan HighwayCheck date values in: |accessdate= (help);|accessdate= requires |url= (help)
^Maynard, L (December 1951). "Cold Confusion". Road and Track (magazine). Colorado Springs, Colorado--The Pikes Peak Sports Car Club conducted a "tops up" rally, thru a blinding snowstorm, on Sunday Oct. 21, 1951. The largest turnout of sports cars ever assembled for actual competition in the Rocky Mountain area: gathered in spite of the weather. … Twenty-nine entered the run, including four XK-120s, one Lea Francis, one Mercedes-Benz, one Jaguar Mk V sedan, and twelve MGs. A total of 60 people were at the finish . . . at Crystola Inn, on the Ute Pass above Colorado Springs …after noon, MGs and Jaguars started to appear on the snow-covered Denver highway at Johnson's Corner (Salida). … the run began at 1:30. The three check points (Woodbine Lodge, Roundup Ranch, and Snow Water Springs Lodge)… 5 inches of newly fallen snow that covered the winding and precipitous mountain roads (all over 6,000 feet) covered by the tour. … Two of the contestants turned back for lack of traction due to smooth tires, a Lea Francis from Denver and a diesel Mercedes-Benz from Colorado Springs. … The snowstorm continued throughout the run which lay over gravel mountain roads from Salida, Colorado, thru Jarr Canyon, over the pass to Deckers, and to Westcreek on the South Platte River. Thence over a paved, but snowy, highway to Woodland Park, and over the old highway to Crystola Inn ("on the Ute Pass above Colorado Springs")
^Southworth, Bill. "Colorado Conquest". …through the efforts of the local Sea-Bee Reserve unit… Grading equipment was loaned by Douglas Jardine, a Colorado Springs contractor and commander of the unit. … president of the Cam Winders [club] "Our goal is to make Colorado Springs the mecca of all hot rodders in the Rocky Mountain area [by having] the strip paved…
^Routon, Ralph (May 29, 1997). "No telling how many will attend first races". The Gazette.
^ abHartman, Todd (June 1, 1997). "Raceway promoters face ghosts of horse track's past failure". The Gazette. … the former horse track … closed for good in 1993 … dirt horse racing track built in 1964 … Clinton Charles Myers himself came from California to visit the site with O'Sullivan in 1995. … The raceway now owns 1,000 acres. … The City Council approved the speedway in January 1996.
^Hartman, Todd (April 6, 1997). "Raceways neighbors feeling run over". Gazette Telegraph. Residents found out about the racetrack plans in early 1996. Rancher [Kirk] Hanna immediately flew to Phoenix to record noise from a racetrack there … The city originally annexed the site in the mid-1980s to capture the benefits of a horse racing track.
^Bergsten, Tim (June 1, 1997). "Start your engines -- racing begins Saturday". The Gazette. In July, Michael Waltrip and Kenny Schrader … will race in the Winston West 500K race at PPIR. When Myers announced plans in May 1996 to build a major auto racing facility here, fans and business people could not believe their good fortune. … In 1994, Myers received national recognition for rebuilding the earthquake-ravaged Santa Monica Freeway 74 days ahead of schedule.
^Hellman, Wayne. "Investors buy into race track". Gazette Telegraph.
^Bergsten, Tim. "Completion of raceway on track for summer". The Gazette. Most of the bleacher structure that will seat 42,700 is in place … The bleachers wrap around the west side of the track, which was sunk 6 feet below the normal ground level to improve viewing.
^Routon, Ralph (April 13, 1997). "Rising steel eye-opener along I-25". The Gazette.
^Bergsten, Tim (May 28, 1997). "Countdown begins at new track". The Gazette. Anyone interested in having a closeup look at the track can take a free tour this weekend.