UPDATE 2-Speedway Motorsports Q3 tops estimates; shares up

* Q3 EPS $0.21 vs est $0.19

* Reaffirms 2009 outlook at $1.70-$1.90/shr

* Total rev $134.6 mln vs est $120.6 mln

* Shares up 12 percent (Recasts; adds share movement, conference call details)

Nov 4 (Reuters) - Race track owner Speedway Motorsports Inc (TRK.N: Quote, Profile, Research) posted better-than-expected quarterly results, as two Nascar races were moved to the quarter from prior periods, sending its shares up 12 percent.

Speedway Motorsports has drawn cash-strapped U.S. fans by cutting ticket prices or including special packages for low-end backstretch seats from where the pits cannot be seen, Chief Operating Officer Marcus Smith said on a conference call with analysts.

The company held five major Nascar-sanctioned races in the third quarter versus three last year, he said.

A Nascar Sprint Cup Series racing event was shifted to the third quarter this year from the fourth quarter last year, and a Nascar Nationwide Series event moved to the third quarter from the first quarter.

Television viewership for Nascar remained good and it is rated as the no. 2 U.S. regular-season sport, trailing only the NFL, Smith said.