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The Museum of American Speed in Lincoln, Nebraska, is a non-profit corporation founded in 1992 by "Speedy" Bill and Joyce Smith. The museum was originally located in a smaller building on Van Dorn street in West Lincoln. The museum moved to its current location on the Speedway Motor's campus in 2001. This 150,000 sq. ft. museum was formed to present a continuous chronology of automotive racing engines and speed equipment development to preserve, interpret, and display items significant in racing and automotive history. The collection results from the Smiths' personal involvement in racing and hot rodding, and their lifelong passion for collecting and preserving racing and automotive history.