Skip to content

NASCAR buys Iowa Speedway, no Cup date planned (UPDATED)

Nov 27, 2013, 3:20 PM EST

Elliott Sadler, Darrell Wallace Jr AP

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.

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:

2014 IOWA SPEEDWAY EVENT SCHEDULE
 
Saturday, May 17 – NASCAR K&N Pro Series East vs. West Challenge
Sunday, May 18 – NASCAR Nationwide Series
Friday, July 11 – American Ethanol 200, NASCAR Camping World Truck Series
Saturday, July 12 – Iowa Corn Indy 300, IndyCar Series
Friday, August 1 – NASCAR K&N Pro Series East vs. West Challenge
Saturday, August 2 – NASCAR Nationwide Series

Latest Posts
  1. IndyCar: CFH confirms Luca Filippi as road/street race driver of No. 20 car

    Jan 30, 2015, 9:45 AM EST

    Hondy Indy 200 Practice Getty Images

    Italian Luca Filippi will get the nod to drive the No. 20 Fuzzy’s Vodka Chevrolet alongside Ed Carpenter this season.

  2. Vettel: Ferrari must remain realistic in 2015

    Jan 30, 2015, 9:40 AM EST

    F1 Testing In Abu Dhabi - Day One Getty Images

    Four-time world champion is not expecting immediate success at Maranello.

  3. Hall of Fame Induction Ceremony headlines 6.5 hours of NASCAR on NBCSN

    Jan 30, 2015, 9:30 AM EST

    NASCAR Hall of Fame Grand Opening Getty Images

    Big day of coverage for NASCAR on NBC today, with 6.5 hours of coverage slated.

  4. Ganassi’s young guns shined at 53rd Rolex 24 at Daytona

    Jan 30, 2015, 9:15 AM EST

    GanassiRolexwin Getty Images

    Karam, Larson showcase talent in Rolex 24 drives for CGR.

  5. Felipe Nasr ready for challenge of rookie F1 season

    Jan 30, 2015, 9:00 AM EST

    F1 Grand Prix of Brazil - Previews Getty Images

    Brazilian driver steps up to F1 with Sauber in 2015 after three years in GP2.

  6. Kamui Kobayashi moves to Super Formula in Japan

    Jan 30, 2015, 8:00 AM EST

    F1 Grand Prix of Hungary - Previews Getty Images

    Former Caterham driver announces that he is moving to the Japanese single seater championship for 2015.

  7. Ferrari reveals SF15-T for 2015 Formula 1 season

    Jan 30, 2015, 6:14 AM EST

    © Ferrari © Ferrari

    A new era begins at Maranello with the launch of the 2015 car.

  8. Sauber aims to beat the blues of 2014 with C34’s launch

    Jan 30, 2015, 5:02 AM EST

    © Sauber F1 Team © Sauber F1 Team

    After a disastrous 2014, Sauber aims to hit back this year with a new image and two new drivers.

  9. Dale Earnhardt Jr. ready for new crew chief Greg Ives to take him to the next level

    Jan 29, 2015, 8:30 PM EST

    From left to right, Dale Earnhardt Jr., Chase Elliott and Junior's new crew chief, Greg Ives. Getty Images

    When he went looking for a new crew chief to replace the soon-to-be departing Steve Letarte, Dale Earnhardt Jr. ultimately didn’t have to look very far.

  10. Kahne, Rodden gear up for better year in 2015

    Jan 29, 2015, 8:00 PM EST

    KahneMediaTour Getty Images

    Kasey Kahne looks for success with new crew chief… and another Super Bowl for his Seahawks.

  11. Track executive arrested, charged with lewdness with 19-year-old

    Jan 29, 2015, 7:30 PM EST

    Photo credit: NHMS Photo credit: NHMS

    Jerry Gappens, executive vice president and general manager of New Hampshire Motor Speedway was arrested last week and charged with indecent exposure and lewdness.

  12. Ryan Newman — and his brass knuckles — are ready to fight for Sprint Cup crown in 2015

    Jan 29, 2015, 6:33 PM EST

    ryan newman AP

    After coming so close last season, Ryan Newman is ready to fight for the Sprint Cup championship in 2015 — and he’s bringing his brass knuckles to give him a hand.

  13. Why Hendrick won’t retire the No. 24

    Jan 29, 2015, 6:01 PM EST

    Rick Hendrick, Jeff Gordon Rick Hendrick, Jeff Gordon

    Car owner Rick Hendrick said he consulted with Jeff Gordon about if to retire the No. 24 after this season.

  14. Brasilia IndyCar race is canceled

    Jan 29, 2015, 4:42 PM EST

    Sao Paulo Indy 300 - Day 2 Getty Images

    IndyCar’s Brasilia, Brazil race set for March 8 has been canceled.

  15. Jimmie Johnson is going for seven titles, but isn’t the story at Media Tour

    Jan 29, 2015, 4:35 PM EST

    JJmediatour Getty Images

    Jimmie Johnson will again embark on a quest for his seventh Cup title, but he acknowledged and embraced Thursday he’s not the story at Hendrick Motorsports for 2015.

  16. Rick Hendrick: No pressure on Jeff Gordon in final season, he just has to win 14 races and championship

    Jan 29, 2015, 4:12 PM EST

    Rick Hendrick isn't putting any pressure on Jeff Gordon by wanting 14 wins and a championship this season, right? AP

    There’s nothing like putting a little pressure on a guy, especially in his final season. Team owner Rick Hendrick expects Jeff Gordon to win 14 races and the championship in 2015!

  17. WATCH LIVE: NASCAR AMERICA at 4:30 p.m. ET wraps up NASCAR Media Tour

    Jan 29, 2015, 4:00 PM EST

    JGMediaTour AP

    Today’s NASCAR AMERICA runs for an hour and has a heavy No. 24 theme.

  18. McLaren goes back to the future, but can it return to its heyday?

    Jan 29, 2015, 3:30 PM EST

    McLaren-Honda Announces New Driver Line-Up For 2015 Getty Images

    Fernando Alonso and Honda return to McLaren for 2015, but will it prove to be a winning partnership?

Top 10 NASCAR Driver Searches
  1. J. Gordon (1676)
  2. K. Larson (1249)
  3. J. Clements (1169)
  4. K. Schrader (1164)
  5. C. Elliott (1160)
  1. J. McMurray (1068)
  2. M. Waltrip (1052)
  3. K. Grala (1030)
  4. M. Lira (1011)
  5. R. Hornaday Jr. (925)