Speedway/ˈspiːdweɪ/ Definition 1 of 3Pro Tip 1/3Racing Venue Speedway often refers to venues hosting fast-paced motorsport events, with a focus on racing culture. The speedway was buzzing with fans on race day. Pro Tip 2/3Surface Variation Speedways can have different surfaces, such as dirt or asphalt, affecting the racing dynamics. He preferred the challenge of a dirt track speedway. Pro Tip 3/3Cultural Icon Famous speedways like Indianapolis are cultural icons and may be referred to by name. One day, I hope to see a race at the Daytona Speedway.