A fire investigator was heading to the scene this morning.
The Nelson Speedway Association said on its website that the fire had "pretty much destroyed" the McCall Complex, which housed the speedway's corporate boxes, souvenir shop and food outlets.
"Although this is a major setback for the club and its patrons we will still be racing tonight and for the rest of the season which is great news. As they say in show business, 'The show must go on' and the only way for us to do that is to 'Do it in the dirt'."