Yes it is Joe. I'm sure you know this already but Chris Shoen might not, Red Rocks amphitheater is on the other side of the mountain from both the track and dinosaur ridge. Definitely worth checking out in the morning on Friday or Saturday since the pros don't run until the evening.
Nice pictures Luke. When I was a kid, that road used to be one of the ways you got to the track. The highway you see in the picture (C-470) didn't come until 1990 or 91 I believe. Anyway, it was a Thursday and we went to see Comp and Alcohol qualifying. My dad got out of work late so we were up on that road when Alcohol Funny Car started. We pulled over and watched two pairs (traffic guy on an ATV made us leave after the second pair). It was pretty cool seeing the cars launch but not hearing the loud sound for a couple of seconds. The cars would be somewhere around the 330' mark when the sound would come blasting into our ears.