Macro systems allow programmers abstractions over the syntax of a programming language. This gives the programmer some of the same power posessed by a programming language designer, namely, the ability to extend the programming language to meet the needs of the programmer. The value of such systems has been demonstrated by their continued adoption in more languages and platforms. However, several barriers to widespread adoption of macro systems still exist. The language Racket defines a small core of primitive language constructs, including a powerful macro system, upon which all other features are built. Because of this design, many features of other programming languages can be implemented through libraries, keeping the core language simple without sacrificing power or flexibility. However, slow macro expansion remains a lingering problem in the language's primary implementation, and in fact macro expansion currently dominates compile times for Racket modules and programs. Besides the typical problems associated with slow compile times, such as slower testing feedback, increased mental disruption during the programming process, and unscalable build times for large projects, slow macro expansion carries its own unique problems, such as poorer performance for IDEs and other software analysis tools. In order to improve macro expansion times for Racket, we implement an existing expansion algorithm for R5RS Scheme macros, which comprise a subset of Racket's macro system, and use that implementation to explore optimization opportunities. Our resulting expander appears to be the fastest implementation of a R5RS macro expander in a high-level language and performs several times faster than the existing C-based Racket implementation.