Nov 27, 2013, 3:20 PM EDT
UPDATED (3:20 p.m. ET): Shortly after NASCAR announced its purchase of Iowa Speedway, MotorSportsTalk reached out to the INDYCAR sanctioning body for comment on the news.
“We have a multi-year agreement with Iowa Speedway and look forward to working with the new owners,” vice president of communications/public relations Amy Konrath replied via e-mail.
The IndyCar Series has raced at Iowa since the 2007 season.
ORIGINAL: Reports from my colleague Chris Estrada earlier this week first identified that Iowa Speedway would be sold by its current owners, then the ownership transfer was approved by local officials.
The key question though, still, was who was this mysterious buyer of the 0.875-mile track located in Newton, Iowa?
As a quick surprise before most of us retreat to our Thanksgiving dinners on Thursday, NASCAR has just announced it has bought the track. A tweet first from managing director of NASCAR’s Integrated Marketing Communications, David Higdon, broke the news.
— David Higdon (@HigNASCAR) November 27, 2013
A full release formalized the news, including the confirmation that a wholly-owned NASCAR subsidiary, Iowa Speedway, LLC, is the official purchaser.
“Iowa Speedway is a great entertainment facility with a very bright future,” Eric Nyquist, NASCAR vice president, strategic development, said in the release. “The facility has the support of the region, it’s positioned well in the heart of the Midwest, and year in and year out it provides great short-track racing action for motorsports fans.”
This will mean a heavy NASCAR schedule occurs at the track in 2014, and even the verbage has left IndyCar as “second tier” by comparison. The IndyCar weekend, on July 11-12, is referred to as the “NASCAR Camping World Truck Series/IndyCar Series race weekend.” IndyCar shifts its date from a traditional June date to July in 2014, and Higdon added in a tweet later Wednesday that, “#IndyCar race very important to @iowaspeedway #NASCAR. Nothing changes.”
The key line from the release though is that the track does not plan to have a Sprint Cup race “next year or in the immediate future.” Further details about this announcement will be held at a special event in Des Moines on December 12.
Iowa did release its full 2014 schedule though, and is as follows:
Aug 22, 2014, 7:37 PM EDT
Track drying has begun following a short, pre-race shower that’s held up the start of the Food City 300.
Aug 22, 2014, 7:15 PM EDT
The Bowtie has won the IndyCar manufacturer’s title in all three seasons since returning to North American open-wheel racing in 2012.
Aug 22, 2014, 6:54 PM EDT
Jeff Gordon looked like he had the pole for Saturday’s Irwin Tools Night Race at Bristol Motor Speedway. But Kevin Harvick had other ideas.
Aug 22, 2014, 6:34 PM EDT
At 7-feet tall, ESPN NASCAR analyst, team co-owner and former NBA star Brad Daugherty is a formidable presence. He’s also known to play a practical joke every now and then.
Aug 22, 2014, 5:39 PM EDT
Unpredictable weather conditions have impacted the Food City 500 in its March spot, which the event has had since the 2005 season.
Aug 22, 2014, 5:21 PM EDT
The 2015 NASCAR Sprint Cup Series schedule will be officially presented on Tuesday, August 26 at 5 p.m. ET on a special 60-minute edition of NASCAR AMERICA.
Aug 22, 2014, 5:05 PM EDT
“Rowdy” earns the pole for tonight’s Food City 300 with a lap of 125.142 miles per hour in the No. 54 Joe Gibbs Racing Toyota.
Aug 22, 2014, 3:52 PM EDT
Former NASCAR Nationwide Series team owner Ed Whitaker passed away Friday at his home in Bristol, Va., business associate Peter Laura told the Bristol Herald Courier.
Aug 22, 2014, 3:04 PM EDT
In statement, Alexander Rossi takes the high road after missing out on Grand Prix debut with Marussia in Spa.
Aug 22, 2014, 2:41 PM EDT
Late in the 50-minute session, the Roush Fenway Racing driver zipped around the half-mile oval at 131.048 mph in the No. 17 Ford Fusion.
Aug 22, 2014, 2:00 PM EDT
Here’s today’s round-up from the paddock at Spa-Francorchamps.
Aug 22, 2014, 1:30 PM EDT
In the year of the power unit, Spa is rewarding the Mercedes-powered teams.
Aug 22, 2014, 1:27 PM EDT
Russian GP3 debutante Konstantin Tereschenko goes for a wild ride at Spa, but mercifully emerges unscathed.
Aug 22, 2014, 1:16 PM EDT
The Chip Ganassi Racing driver turns a lap of 131.083 mph around the high-banked half-mile to lead Friday’s first practice session.
Aug 22, 2014, 1:00 PM EDT
As good as he may be, is Max Verstappen too young to be racing up against drivers twice his age?
Aug 22, 2014, 12:30 PM EDT
Son of ex-racer Jos set to become the youngest ever F1 driver next season at the age of 17.
Aug 22, 2014, 12:15 PM EDT
At 13th on the Chase Grid with three regular season races left, the former Sprint Cup champion isn’t feeling the need to choose between going for a win or having a good points day.
Aug 22, 2014, 12:00 PM EDT
Mercedes once again dominated practice, finishing first and second in both sessions on Friday at Spa.
Aug 22, 2014, 11:30 AM EDT
Lotus being punished by Spa’s high-speed nature.
Aug 22, 2014, 11:22 AM EDT
Without IndyCar on track on Friday, Friday will be an abnormal day on track at Sonoma Raceway.
Video from NASCAR America
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