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It's being called one of the biggest racing related trade shows in the world, and it's coming to Charlotte this year.
Former Charlotte Motor Speedway President Humpy Wheeler made the announcement on Friday that the Carolina Auto Racing Show has outgrown it's Hickory home, and Wheeler says it will be a big impact when it comes to Charlotte in December.
"We really think it's going to be $12 million minimum next year," Wheeler told WBTV.
"But this is the type of show as we get more international visitors, thanks to the job Jerry Orr's done at the airport in getting these flights in from Europe, to something that in 5 years could jump to $50 million easy."
The Carolina Auto Racing Show in Hickory is taking place now at the Hickory Convention Center. In the crowd, hundreds of people from 26 states who are involved in all kinds of racing.
This show has grown so much, it's moving to the Charlotte Convention Center this December.
So what is this show?
Well, if you're a racer, you'll find everything you need here, from firesuits to frames, tee shirts to tires, and for the driver who loses his helmet, they have those too.
"The greatest thing is racing is when you drop that flag, friction comes into being and you're wearing stuff out, and therefore you've got to replace it," Wheeler added.
In Charlotte next December the show will take place over three days, and Wheeler says there will be tie ins with the NASCAR Hall of Fame and other Charlotte area attractions.
"The thing is we have such a concentration of the motorsports industry in the Charlotte region," said Lauri Eberhart, Sales Manager for the NASCAR Hall of Fame.
"Also the show is attracting people countrywide. So they're coming from Wisconsin, California, they're going to be coming into the Charlotte region and creating a positive economic impact."
"We'll have people literally, we think, from all over the world, particularly Europe and the Pacific rim countries to come to Charlotte to see what the latest stuff is, and there's a lot of stuff in racing," Wheeler added.
"This show itself is going to be strictly racing, it's going to be not only stock car, not only the latest in Sprint Cup technology, but it's also going to be the World of Outlaws Sprint Cars, Midgets, every kind of racing, sports car, Indy cars, that you can think of, right in Charlotte."
While the show is mostly for racers, exhibitors, and promoters who want to buy and sell, there could be events that would attract fans.
"Down the line it could be, this is the first time that they're doing it, and listening to the remarks it's a racer's who for racer's, put on by racer's, so it seems they're going to keep it really racing oriented. There is the potential for some other fan or consumer element, but it looks like they want to keep it basic," Eberhart added.
The Carolina Auto Racing Show is set for December 5-7, 2013 at the Charlotte Convention Center.