The PBIR was established in 1964 by Dick Moroso. Over the years, ownership changed, with a transfer to Moroso’s family after his death in 1998 and later, purchase by local car collectors and professional racers in 2008. The Jupiter, Florida-based raceway features a 2.043-mile road course, 0.8-mile kart course, and a 0.25-mile drag strip.
Despite the name, the PBIR has never hosted an international racing since inception, leaning more towards local and national events including the Trans-Am, ARCA series, the Super Chevy Show, USF2000 Championship, and several rock concerts, including the Rolling Stones in 1969.