Originally opened in 1979, at 173 Supple Rd, Waterloo Corner, the Motorsport facility was known for attracting up to 10,000 keen spectators to watch Speedway, Go-karting and Burnout Competitions.
It is currently listed with LJ Hooker Commercial and advertised without a price guide.
Selling agent Stan Tettis says after 23 years, the vendors hope new owners will takeover the 24.2ha site and return it to its former glory.
After running the facility since 1996, they are ready to retire. Being the only freehold speedway in Australia. Plenty of interstate enthusiasts are keen to get their hands on the now-closed racing site. Adelaide Speedway City boasts two canteens, a lounge bar, a corporate section, grand stands and comprehensive racing facilities.
Expressions of interest will close on Friday, December 20 at 5pm.