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Iowa Speedway Has New Owner

| , RacinToday.com Sunday, December 1 2013

Iowa Speedway under new ownership. (File photo by Jason Smith/Getty Images for NASCAR)


In a move designed to solidify the future of one of the premier racing and entertainment facilities in the Midwest, NASCAR has purchased Iowa Speedway. The agreement, finalized Wednesday under a wholly-owned subsidiary, Iowa Speedway, LLC, is effective immediately.

“Iowa Speedway is a great entertainment facility with a very bright future,” said Eric Nyquist, NASCAR vice president, strategic development. “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.

“NASCAR ownership will allow us to draw on the entire resources of our company. It also provides us with the opportunity to execute first-hand a number of entertainment ideas and engagement opportunities with fans _ much of which we have outlined repeatedly as the core of our Industry Action Plan.”

Located 30 miles east of Des Moines in Newton, the facility features a 0.875-mile asphalt paved trioval designed by NASCAR Hall of Famer Rusty Wallace. The Speedway released its 2014 schedule earlier this month, encompassing three weekends _ one each in May, July and August. The schedule will include two NASCAR Nationwide Series races, a combination NASCAR Camping World Truck Series and IndyCar Series weekend, plus two additional NASCAR K&N Pro Series support races.

NASCAR has no plans for Iowa Speedway to host a Sprint Cup Series race next year or in the immediate future.

NASCAR will host a special event in Des Moines on Thursday, Dec. 12, to outline additional details on the purchase and plans for the future.

The 2014 Iowa Speedway season opens May 17-18 with the NASCAR K&N Pro Series East vs. West Challenge on Saturday night. The stars and cars of the NASCAR Nationwide Series then will battle on Sunday in a 250-lap event. That race marks the only Sunday afternoon event of the season at Iowa Speedway.

The new NASCAR Camping World Truck Series /IndyCar Series race weekend at Iowa Speedway is slated for July 11-12. The Camping World Truck Series will race Friday night in the American Ethanol 200. The inaugural Iowa Corn Indy 300 will follow on Saturday night.

On Friday, Aug. 1, a second NASCAR K&N Pro Series East vs. West challenge race will be held followed by a second Nationwide Series 250-lapper on Saturday under the lights.

Season-ticket holders may renew their tickets for the 2014 season, and will have an exclusive right to secure their current seats until Dec. 14. All other seats are available for purchase immediately, with season ticket prices starting at $95. All season tickets will include a guaranteed seat location, complimentary Casey’s Fan Walk pass and an opportunity to participate in pre-race ceremonies. Season tickets, parking passes and onsite camping options are available online at www.iowaspeedway.com, or by calling the toll-free ticketing hotline, 866-RUSTY-GO (787-8946).

Iowa Speedway’s ticketing office, located at 3333 Rusty Wallace Drive in Newton, also will be open to assist customers from 9 a.m. to 5 p.m. Monday through Friday and 9 a.m. to 3 p.m. Saturday, holidays excepted.


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, Aug, 1 _ NASCAR K&N Pro Series East vs. West Challenge

Saturday, Aug. 2 _ NASCAR Nationwide Series

| , RacinToday.com Sunday, December 1 2013
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