The Oakland Speedway was the first motor racing track near Oakland, California, a one-mile, banked dirt oval track built in 1931, which operated throughout the Great Depression and postwar years. The track featured AAA National Championship races with Indy cars and drivers from 1931 until 1936, when the AAA pulled out of the West Coast. Thereafter the track still featured racing by members of the Bay Cities Racing Association, in roadsters and motorcycles, as well as Big Cars, stock cars, and midgets. It was known as the "fastest dirt track in the Nation".
In 1931 the Oakland Speedway was built near Oakland, but actually was located between Oakland and nearby Hayward, California, on the site of what is now Bayfair Mall in San Leandro, California.
Annually each fall the track hosted the "Oakland 500" race. Many of the local East Bay races were exhibited by the Bay Cities Racing Association (BCRA). In 1948 local East Bay driver Bob Barkhimer quit racing to become the Business Manager for BCRA. In 1949 Barkhimer took over San Jose Speedway and also started his own association (CSCRA), and in 1954 he co-founded west coast NASCAR.
Among top drivers who were killed at the Oakland Speedway was Clyde Rea Bray, who had held second place in the A.R.A. points in 1939, behind champion Wally Schock. Bray had come in 5th in the Oakland "500" that year. Two years later, on Labor Day, 1941, during the Oakland Speedway 500 race, on the 356th lap, Bray was fatally injured after being thrown from his car, after it sailed over the south fence.
Among legendary top race drivers who got their start at the Oakland Speedway was Bob Sweikert, the 1955 Indianapolis 500 winner. On Memorial Day, May 26, 1947 at the Oakland Speedway, Sweikert drove his own handbuilt track roadster in his debut race for prize money, and finished second.
In the early 1930s, Emeryville Motorcycle Speedway was built on 53rd Street in nearby Emeryville, California, on the present site of the Emery Bay Village residential and shopping center.