Property and Equipment

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

Property and Equipment

PROPERTY AND EQUIPMENT

Property and equipment, net is comprised of the following:

	As of December 31,
(in millions)	2020		2019
Grandstands and buildings	$	785.5	$	625.2
Equipment	477.9		406.5
Tracks and other improvements	240.7		222.3
Land	164.2		162.4
Furniture and fixtures	89.7		79.2
Construction in progress	23.3		52.3
	1,781.3		1,547.9
Accumulated depreciation	(721.5)		(635.4)
Subtotal	1,059.8		912.5
Operating lease right-of-use assets	22.3		24.8
Total	$	1,082.1	$	937.3

Depreciation expense was $88.0 million in 2020, $81.4 million in 2019 and $57.6 million in 2018 and is classified in operating expense in the accompanying consolidated statements of comprehensive (loss) income