Star Speedway was built primarily by Charlie Elliot, a contractor, restaurant owner, and car enthusiast from nearby Dover, New Hampshire. The previous year, Elliot had partnered with Kendall C. Smith and local journalist Russ Conway to develop a racing facility on the former Star Brick Yard property in Epping. The track opened in 1966. By late 1983, Elliot, Smith, and Conway had sold their interests in Star Speedway; separately, they purchased Lee Raceway — later known as Lee USA Speedway — in nearby Lee, New Hampshire.
During the 1970s, Star Speedway ran weekly Modified and Supermodified programs that established it as a significant venue in the northeastern racing scene. Driver Ollie Silva became one of the track's signature figures, winning feature races from Canada to Florida. His weekly battles with competitors including "Big Daddy" Don McLaren, Eddie West, Jim Cheney, Dick Batchelder, and Paul Richardson were central to Star's reputation during this period.
The track hosted one NASCAR North Tour race in 1985 and went on to hold 20 NASCAR Busch North Series events between 1987 and 2001. It also hosted four NASCAR Whelen Modified Tour events between 1985 and 1990. In an unusual promotional event, the speedway held races featuring Boston Bruins hockey players.
Star Speedway faced difficulties in the early years of the 21st century, repeatedly failing town inspection. In 2008, Robert MacArthur took over management, renamed the facility "All-STAR Speedway," and promoted an expanded program including Supermodifieds, Modifieds, and Late Models. The promotion did not attract sufficient attendance and left the track and promoter in significant debt.
The track was closed for most of the 2010 season due to disputes between MacArthur and the town of Epping over required facility repairs. The town permitted three days of operation at the end of October 2010, contingent on the completion of mandated work.
Following MacArthur's departure, Bob Webber assumed operation of the track and undertook improvements to the facility. Under Webber's management, Star Speedway has returned to stable operation. A 2015 event sold out — an occurrence described as unprecedented in the modern era of the track.
Star Speedway currently hosts multiple regional touring series, including the Pro All Stars Series (PASS), the International Supermodified Association (ISMA), the Granite State Pro Stock tour, the Tri-Track Modified series, and Northeast Classic Lites. The track also hosted two ACT Late Model Tour races, one in 2013 and another in 2019.
The annual Star Classic, held each fall, is a 200-lap Supermodified event featuring ISMA Super Modifieds. Notable participants in the race have included Chris Perley (winner in 2005), Russ Wood, Mike Ordway, and Indianapolis 500 veteran Bentley Warren.
Star Speedway's history spans more than five decades of northeastern short-track competition, encompassing NASCAR-sanctioned events, regional series, and some of the region's most celebrated Modified and Supermodified performers. After a period of instability in the 2000s, the Webber family's stewardship has re-established the track as a consistent destination for both touring series and grassroots racing in New Hampshire.