EDITOR’S NOTE: Speedway was on the CBS Late Movie on May 4, 1973 and February 1 and November 22, 1974.

I always thought the Eddie Murphy joke about Elvis acting — he’d just sing instead of speak — was a joke until this movie.

Elvis embodies the role of Steve Grayson, a NASCAR race driver whose generosity knows no bounds. He showers his friends with gifts, bails them out of financial hardships, and is always there for everyone. This portrayal reflects the real Elvis, who was known for his generosity. He often gifted his Memphis Mafia and even strangers with money, homes and cars.

The bad news is that his manager, Kenny Donford (Bill Bixby), is a compulsive gambler who has mismanaged Steve’s fortune to support his habit. Just like Colonel Tom Parker did to Elvis.

The IRS sends agent Susan Jacks (Nancy Sinatra) to watch over Grayson and ensure that they get their $100,000 in back taxes, but of course, she falls in love with the big lug.

The film is a treat for NASCAR aficionados. It features authentic late-’60s NASCAR footage shot at the Charlotte Motor Speedway. Viewers can catch a glimpse of Richard Petty, Buddy Baker, Cale Yarborough, and Tiny Lund on the track. This is a unique experience as it marks the first time NASCAR drivers were featured in the opening credits. Elvis’ car, a 1967 Dodge Charger, the Cotton Owens team #6 car, driven in real life by David Pearson, adds to the historical charm of the film.

Directed by Norman Turong, who made plenty more with Elvis, as well as movies with Martin and Lewis and Dr. Goldfoot and the Bikini Machine. It was written by Phil Shuken and was the twenty-second movie Elvis made since he debuted in Love Me Tender. Fun fact: It’s the only Elvis movie to feature someone other than him on the soundtrack, with Sinatra singing “Your Groovy Self.”