NASCAR is the current owner of Iowa Speedway, a premier motorsport venue located in Newton, Iowa.
Current Ownership Structure
Iowa Speedway has been under the ownership of NASCAR since 2013. This acquisition marked a significant strategic move for NASCAR, expanding its portfolio of owned and operated facilities. Under NASCAR's stewardship, the track continues to be a vital part of the professional racing landscape.
Currently, Eric Peterson serves as the president of Iowa Speedway, overseeing the day-to-day operations, event scheduling, and overall strategic direction of the facility.
Key Ownership Details
To provide a clear overview of Iowa Speedway's current ownership:
| Aspect | Detail |
|---|---|
| Owner | NASCAR (National Association for Stock Car Auto Racing) |
| Acquisition Year | 2013 |
| Track President | Eric Peterson |
| Location | Newton, Iowa, United States |
| Primary Use | Automobile racing (NASCAR Cup Series, Xfinity Series, Truck Series, ARCA Menards Series) |
A Brief History of Iowa Speedway
Iowa Speedway was conceived by NASCAR Hall of Famer Rusty Wallace and designed by track architect Stanley Lincoln. Opened in 2006, it quickly gained a reputation as one of the most versatile and fan-friendly short tracks in the United States. Its unique D-shaped oval layout, measuring 0.875 miles (1.408 km), offers diverse racing angles and exciting finishes.
Over the years, before NASCAR's full acquisition, the track hosted events for various racing series, including:
- IndyCar Series
- NASCAR Xfinity Series
- NASCAR Gander RV & Outdoors Truck Series
- ARCA Menards Series
The facility's design and strategic location in the Midwest made it a popular destination for both racing teams and enthusiasts.
Impact of NASCAR Ownership
NASCAR's ownership of Iowa Speedway has ensured its stability and continued prominence in the racing world. This direct control allows NASCAR to:
- Integrate the track seamlessly into its national racing schedule.
- Invest in infrastructure and fan experience improvements.
- Ensure consistency in event management and safety standards.
The strategic importance of Iowa Speedway to NASCAR's broader calendar has been highlighted by its re-inclusion of major series races, including the NASCAR Cup Series debut in 2024, showcasing its ongoing significance in the sport. For more detailed information, you can visit the Iowa Speedway Wikipedia page.
