Frank Halvorsen provided the club with the land, which was uncleared and thick with brush. In 1966 several people and their families put in hours of labour to clear the road and track area. Many of the local businesses donated their equipment to develop and gravel the marshy land. The dream was now a reality.

Two feet of water covered the track in the Spring of 1967. The water was drained off by ditching, many more of hours of donated time and equipment. More clearing and gravelling was done, a retainer wall built on the front stretch, and bleachers to seat 800 people were erected. The big day, July 28, 1967, first race day at the Terrace Speedway.

Dust was always a problem on the 1/4 mile dirt track, and new dust control measures were being tried all the time. Artic Powder laundry soap was tried one year, and it did help some. Filling the water truck with soap was a real event in itself, enough bubbles to look like the Lawrence Welk Show. Another dust control attempt was to use ink liquor, a waste product from pulp, 10,000 gallons was worked into the track, which worked for awhile. The dust problem was solved in 1973 when the track was paved.

The Terrace Speedway has undergone several improvements since the track was paved in 1973. The track has had many ups and downs due to econcomical influences and membership support. However, racing at the Speedway continues to provide excitement and enjoyment for drivers and race fans from all areas of the Pacific Northwest in British Columbia.