The shooting happened at Harrells Raceway on Buckhorn Road.
According to the sheriff's office, two men were arguing when one was shot at a bikefest, car and truck show.
Timothy McKoy, 29, of Sampson County was killed.
Authorities aren't saying much about their search for the suspect.
"Well, we're not at liberty right now to put out any suspect information or anything like that/," Sampson County Sheriff Jimmy Thornton told ABC11 Eyewitness News. "We're still investigating and we've been given names and so we're still investigating."
Sheriff Thornton says his deputies have interviewed multiple eyewitnesses, so they feel confident they will make an arrest.
Harrells Raceway dealt with another death at the track in May.
During that incident, a car engine flew into the stands during a two-car drag race, killing a spectator.
One of the vehicle hit the guardrail and came apart. The car's engine was tossed about 100 feet and landed on a bystander.
Terry McDougald of Lillington died at the scene and a second person was injured.