speedway

[speed-wey]
noun
1.
a road or course for fast driving, motoring, or the like, or on which more than ordinary speed is allowed.
2.
a track on which automobile or motorcycle races are held.

Origin:
1890–95, Americanism; speed + way1

Dictionary.com Unabridged

Speedway

[speed-wey]
noun
a town in central Indiana.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Collins
World English Dictionary
speedway (ˈspiːdˌweɪ)
 
n
1.  a.  the sport of racing on light powerful motorcycles round cinder tracks
 b.  (as modifier): a speedway track
2.  the track or stadium where such races are held
3.  (US), (Canadian)
 a.  a racetrack for cars
 b.  a road on which fast driving is allowed

Collins English Dictionary - Complete & Unabridged 10th Edition
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