Five Flags Speedway is a paved half mile (0.8 km) auto racing oval in Pensacola, Florida, United States. It opened in 1953 and is located on Pine Forest Road.[2] It is christened after the nickname of Pensacola—"City of Five Flags." It runs several local classes during the regular racing season (March – October). These classes include Super Late Models, Pro Late Models, Pro Trucks, Outlaw Stocks, Sportsman, and Pure Stocks. The races are usual held on Friday nights bi-weekly. The track has also hosted many regional touring series. The track's signature event is the Snowball Derby, run every December since 1968. ESPN said that the "Snowball Derby is one of the premier late-model stock-car races in the country, attracting some of the top drivers.”

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