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==History== Speedway was laid out in 1912 as a residential suburb.<ref>{{cite book |last1=Bodenhamer |first1=David J. |last2=Barrows |first2=Robert G. |title=The Encyclopedia of Indianapolis |url=https://books.google.com/books?id=bg13QcMSsq8C&pg=PA1284 |date=November 22, 1994 |publisher=Indiana University Press |isbn=0-253-11249-4|page=1284}}</ref> It took its name from the [[Indianapolis Motor Speedway]], constructed three years earlier.<ref>{{cite book |last=Baker |first=Ronald L. |title=From Needmore to Prosperity: Hoosier Place Names in Folklore and History |url=https://archive.org/details/fromneedmoretopr00bake |url-access=registration |date=October 1995 |publisher=Indiana University Press |isbn=978-0-253-32866-3 |page=[https://archive.org/details/fromneedmoretopr00bake/page/n325 308] |quote=...named the city for "Speedway Course"...}}</ref> It is an early example of a residential community planned for the industrial plants located nearby.<ref name="Speedway Historic District">{{cite web |title=Speedway Historic District |url=http://www.nps.gov/nr/travel/indianapolis/speedwaydistrict.htm |website=nps.gov |access-date=February 4, 2015}}</ref> [[Carl G. Fisher]], [[James A. Allison]], Frank Wheeler, and Arthur Newby, founders of the Indianapolis Motor Speedway, planned the suburb of Speedway west of the track.<ref>{{cite web |title=Feel the Need for Speed in Indy |url=http://www.nps.gov/nr/travel/indianapolis/feelspeedessay.htm |website=nps.gov |access-date=February 4, 2015}}</ref> Fisher and Allison owned plants that needed workers, the [[Prest-O-Lite]] factory and [[Allison Engine Company]]. The investors' goal was to create a city without horses, where residents would drive automobiles, as well as participate in creating mechanical parts for new modes of transportation.<ref name="Speedway Historic District"/> Speedway was incorporated as a town in July 1926.<ref>{{Cite web |date=March 3, 2016 |title=1926: IMS pagoda on fire, rookie wins the 500 |url=https://www.wrtv.com/sports/indycar/road-to-100/road-to-100-1926 |access-date=October 22, 2023 |website=WRTV Indianapolis |language=en}}</ref> The [[Speedway Historic District]] was listed on the [[National Register of Historic Places]] in 2005.<ref name="nris">{{NRISref|version=2010a}}</ref>
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