Goodguys has been the leading promoter of vintage or nostalgia style drag racing competition since their first such vintage drag race, held in April of 1989 at Infineon Raceway in Sonoma, California. 

From 1994 through 2006 Goodguys staged the West Coast Championship Series which at the time was America's premier points circuit for vintage drag racing. Also in 1994, Goodguys resurrected the March Meet drag races at Famoso Raceway in Bakersfield, California, tapping into the event's rich heritage. Over time, the Goodguys March Meet became the world's largest vintage drag race attracting over 600 competitors and a crowd in excess of 50,000. Goodguys staged their last March Meet, over two weekends in March of 2006. The event was never concluded as rainouts and track preparation problems forced the cancellation of the event.

Today Goodguys holds three vintage drag racing events at tracks in the Midwest. The Hot Rod Nationals held at O'Reilly Raceway Park in Indianapolis is held each June, while the Blue Suede Cruise and Nostalgia Nationals are held at Summit Motorsports Park in Norwalk, Ohio and Beech Bend Raceway Park in Bowling Green, Kentucky. The events feature vintage top fuel dragsters and funny cars, gassers and super stockers and hundreds of popular drag machines in vintage trim.