CNN  — 

If you like fast cars and furious drivers, NASCAR’s Daytona 500 is the event for you.

The 62nd annual race is this Sunday – and it’s basically the Super Bowl of stock car racing.

Here’s what you need to know to enjoy the big day:

What is the Daytona 500?

The Daytona 500, also called the “Great American Race,” kicked off in 1959. But it only became Nascar’s season-opening race In 1982.

It’s a 200-lap, 500-mile-long race held at the Daytona International Speedway. The winner takes home a replica of the Harley J. Earl Trophy and about $1.5 million.

The race, held in Daytona Beach, Florida, is particularly famous for its photo finishes and unfortunate wrecks.

Where can I watch the Daytona 500?

Catch all the action this Sunday on FOX at 2:30 p.m. ET. It has been the only place to watch the race for the last 13 years.

Fans watch the 2019 Daytona 500 at at Texas Motor Speedway. The 2021 race will be broadcast on Fox and other paid streaming services. Richard Rodriguez/Getty Images

How fast do the cars go?

Buddy Baker holds the record for the fastest winning speed at 177.602 mph in 1980. But drivers don’t always have to drive that fast to win.

In 1960, Junior Johnson won with the slowest average speed at 124.740 mph.

Drivers Denny Hamlin in the No. 11 FedEx Toyota, Bubba Wallace, in the No. 23 DoorDash Toyota, and Ryan Blaney in the No. 12 Menards/Blue DEF/PEAK Ford during practice laps 63rd Annual Daytona 500 at Daytona International Speedway on February 10, 2021. Jared C. Tilton/Getty Images

What were some historical moments?

The first Daytona 500 took place on February 22, 1959. Lee Petty, who has the most wins in this event (7), beat Johnny Beauchamp.

And Janet Guthrie, the first woman to compete in this event in 1977, finished 11th in 1980.

Driver Janet Guthrie stands in front of her No. 68 Chevrolet Chevelle Laguna before the 1977 Daytona 500. She was the first female driver to compete in the race. RacingOne/ISC Archives/CQ-Roll Call Group

His son, Dale Earnhardt Jr., won his first Daytona 500 three years later.

CNN’s Kendall Trammell contributed to this report.

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