Nov 26, 2013, 3:15 PM EST
The Des Moines Register is reporting that the Newton (Iowa) City Council has approved the transfer of ownership for the 7/8-mile Iowa Speedway from the U.S. Motorsports Corporation to Iowa Speedway, LLC. However, the major figures behind the track’s new ownership group have still not yet been revealed to the public.
“[We're] fully aware of who the new entity is,” Newton mayor Mike Hansen said during today’s Council meeting according to the Register’s Bryce Miller. “And we’re extremely pleased…There will be an announcement shortly.”
The transfer involves multiple deals, include one for development on the land that Iowa Speedway sits on and a lease agreement with a nearby airport.
As for who could be the new mystery owners, it may be easier to figure out who wouldn’t be on that list at this point in time. To that end, Dustin Long of Motor Racing Network is reporting that a spokesperson for International Speedway Corporation (which owns 12 NASCAR facilities) has said they’re not involved with the Iowa purchase.
As for the other major NASCAR track conglomerate, Speedway Motorsports, Inc. (which owns 8 NASCAR facilities), Long writes that one of their spokespeople declined to comment altogether on the matter.
Nov 23, 2014, 6:45 AM EST
Nico Rosberg and Lewi Hamilton’s date with destiny awaits in Abu Dhabi today.
Nov 23, 2014, 6:30 AM EST
Spaniard responds to comments made by Ferrari team principal Marco Mattiacci earlier this week.
Nov 23, 2014, 6:00 AM EST
The 2014 Formula 1 season has been a sensational one, but the championship will finally be decided today in Abu Dhabi. Will it be Lewis or Nico?
Nov 23, 2014, 5:48 AM EST
Changes made to the cars overnight warrant another penalty for Red Bull.
Nov 23, 2014, 1:57 AM EST
“I believe in miracles but not this time. Lewis Hamilton has got this.”
Nov 22, 2014, 11:21 PM EST
The world of motorsports — particularly NASCAR and NHRA — is mourning arguably the best public relations person it has ever seen, Denny Darnell, who passed away Saturday.
Nov 22, 2014, 6:15 PM EST
Will Owen, who impressively won the 2014 USF2000 race as a rookie at Indianapolis Motor Speedway this past May, is moving up the racing ladder.
Nov 22, 2014, 5:52 PM EST
Something a bit quicker than nine little reindeer…
Marco Andretti, Will Power, AJ Allmendinger go back to roots in big karting race this weekend in Las Vegas
Nov 22, 2014, 5:15 PM EST
Marco Andretti, reigning IndyCar champ Will Power and NASCAR driver AJ Allmendinger, are all going back to their racing roots this weekend in Las Vegas, taking part in one of the biggest karting events of the season.
Nov 22, 2014, 4:45 PM EST
Luke, Lambert, crew chief for Ryan Newman, has been named Federal-Mogul Motorparts’ “Problem Solver of the Year.” And with it comes a $100,000 prize that he’ll receive Dec. 4 in Las Vegas.
Nov 22, 2014, 4:30 PM EST
The former Grand Prix regular and current sports car racer chats with NBCSN’s Will Buxton in Abu Dhabi.
Nov 22, 2014, 3:50 PM EST
Mallya attacks Red Bull following its double exclusion from today’s qualifying session in Abu Dhabi.
Nov 22, 2014, 3:00 PM EST
di Grassi climbs from 18th on the grid to second at finish in Putrajaya ePrix; Nick Heidfeld found to have made pit stop car change outside permitted area, relegated to 19th.
Nov 22, 2014, 2:30 PM EST
The stage is set for the final showdown on Sunday. Will it be Lewis or Nico?
Nov 22, 2014, 1:45 PM EST
McLaren junior driver moves up to second in the championship with feature race win in Abu Dhabi.
Nov 22, 2014, 1:30 PM EST
The new cancer center’s lobby will be named in honor of RHR’s late mother, who succumbed to colon cancer in 2009.
Nov 22, 2014, 1:15 PM EST
The British F1 debutant will start his first grand prix from 17th place tomorrow.
Nov 22, 2014, 12:58 PM EST
He remains suspended by NASCAR, but Jeremy Mayfield continues his racing comeback this weekend at Myrtle Beach Speedway.
Nov 22, 2014, 12:30 PM EST
Ricciardo and Vettel to start from the back of the grid in Abu Dhabi.
Video from NASCAR America
- WATCH LIVE: Abu Dhabi GP Race Day live on NBCSN from 7a ET 0
- The Final Showdown: Hamilton and Rosberg prepare for one final battle in Abu Dhabi 0
- Vettel and Ricciardo to start Abu Dhabi GP from pit lane 0
- Abu Dhabi GP Paddock Notebook – Saturday 0
- Red Bull drivers excluded from qualifying in Abu Dhabi 2
- Force India confirms Sergio Perez on multi-year deal 2
- Nico Rosberg rallies to pole position in Abu Dhabi 0