Location | 3333 Rusty Wallace Drive, Newton, Iowa, 50208 |
---|---|
Time zone | UTC−6 / UTC−5 (DST) |
Coordinates | 41°40′40″N93°0′52″W / 41.67778°N 93.01444°W |
Owner | NASCAR |
Broke ground | 21 June 2005 |
Opened | 15 September 2006 |
Construction cost | $70 million USD |
Major events | Current: NASCAR Cup Series Iowa Corn 350 (2024) IndyCar Series Hy-Vee Homefront 250 (2007–2020, 2022–present) Hy-Vee One Step 250 (2020, 2022–present) Former: Rolex Sports Car Series (2007) |
Website | iowaspeedway |
D-shaped oval | |
Surface | Asphalt |
Length | 0.875 [lower-alpha 1] miles (1.408 km) |
Turns | 4 |
Banking | Turns: 12–14° Frontstretch: 10° Backstretch: 4° |
Race lap record | 0:17.4908 ( Ryan Briscoe, Dallara IR-04, 2008, IndyCar) |
Road Course | |
Surface | Asphalt |
Length | 1.300 miles (2.092 km) |
Turns | 9 |
Banking | Turns 1–2: 12–14° Frontstretch: 10° Backstretch: 4° |
Race lap record | 0:41.624 ( Michael Valiante, Riley MkXI, 2007, DP) |
Iowa Speedway is a 7⁄8 mile (1.4 km) oval short track in Newton, Iowa. Since its inaugural season of racing in 2006, the track has hosted a variety of racing event, including events sanctioned by NASCAR and IndyCar. The facility has been owned by NASCAR since 2019, with Eric Peterson currently serving as the track's president. Iowa Speedway is served by Interstate 80.
As of 2023, the track holds 30,000 seats. Along with the main track, the track complex also features seven road course layouts, including a 1.3 miles (2.1 km) road course layout that uses parts of the main track along with an infield road course that is used to make a "roval".
After an initial proposal to build a 1 mile (1.6 km) track by businessmen Jerry Lowrie and Larry Clement failed in the early 2000s, in 2003, a bid to build a shorter facility was made by the Paul Schlaack-owned U.S. Motorsport Entertainment Corporation. After another delay due to a perceived lack of funds that lasted throughout 2004, groundbreaking commenced in mid-2005, with the facility holding its first races in September 2006. The sanctioning body of NASCAR later bought the track in 2013 to save the facility from financial issues.
The speedway in its current form is measured at 7⁄8 mile (1.4 km), with 10 degrees of banking in the frontstretch, four degrees in the backstretch, and a progressive banking system utilized from 12 to 14 degrees in the turns. [1] Varying sanctioning bodies have disputed the length of the track; NASCAR's official measurement is at 0.875 mi, [2] while IndyCar measures the track at 0.894 miles (1.439 km). [3]
Along with the main track's construction, road course layouts that combined the main track with dedicated infield portions were constructed, with developers making seven road course layouts. [4]
The facility is served by Interstate 80, and is approximately 35 miles (56 km) east from the Iowan capital of Des Moines. [5] According to a 2023 report by The Des Moines Register, it holds 30,000 seats. [6] In a 2006 Autoweek report, the track constructed 28 luxury suites; [4] in recent years, extra temporary suites for its IndyCar races were developed by Hy-Vee. [7]
In November 2000, Kentucky Speedway developer Jerry Carroll proposed to the Jasper County board of supervisors plans to build a $76 million, 40,000-seat, 1 mile (1.6 km) track in Newton, Iowa. With the proposal, Carroll sought for the county to issue $30-40 million worth of bonds to fund the project along with seeking as much as an additional $35 million from the Vision Iowa program, a state economic growth program. [8] However, by January 2001, Carroll abandoned the plan to focus on developing the Kentucky Speedway. As a result, California businessman Jerry Lowrie opted to replace Carroll in directing the project. Lowrie decided to decline asking the county for bonds. [9] The project drew support from Newton mayor David Aldridge, [10] but later saw opposition from residents near the proposed site. The opposition claimed that building the site would be a nuisance for the rural residents, and later tacked on Lowrie's unproven record of success. [11] [12]
An approval from Vision Iowa was considered critical for the project to survive, with developers hoping to secure $20 million. [13] However, by August, the remaining available funding from Vision Iowa dropped lower than the amount needed. [14] The next month, Lowrie abandoned the project to focus on building a speedway in California, leaving the project to be led by race team owner Larry Clement. [15] Although Clement claimed that by October he had commitment from private anonymous investors totaling $7-10 million, Vision Iowa leaders refused to still give the remaining money, claiming that they did not feel that sufficient proof of full commitment from investors had been provided, with Vision Iowa demanding that the identities of the investors be released. [16] [17] The funding was rejected by the fall of 2002. [18]
On April 16, 2003, the Newton City Council unanimously approved a proposed project for a $30 million, 7⁄8 mile (1.4 km), 25,000-seat, multi-use racing facility headed by the U.S. MotorSport Entertainment Corporation and its CEO, Paul Schlaack. [19] The project proposal planned to build it near Interstate 80, with Newton officials in charge of approving the project rather than those from Jasper County. However, although the city planned to invest $9 million into the facility, they opted to wait to build the track until Schlaack found enough investors for the project. [18] In June, NASCAR driver Rusty Wallace was announced as the main designer of the project. [20] Schlaack unveiled plans in October, with the city now investing a planned $17.3 million with stated hopes of an opening date in 2005. [21] [22] Although plans were made to hold groundbreaking in spring of 2004, construction was delayed in June due to a lack of funds for the now-$50 million project. [23] [24]
In February 2005, progress on the project resumed when developers announced that they had gathered enough funds; by this point, the budget increased to $70 million, and the opening year was delayed until 2006. [25] The developers later sought to pass a ten year sales tax break bill; the proposed bill was the first of its kind proposed in the state of Iowa. [26] The bill drew bipartisan support from the Iowa General Assembly, [27] and was passed from committee in late March. [28] However, while the bill was supported by then-Governor of Iowa Tom Vilsack, the bill drew worries of draining the state's tax revenue based on future precedent, with Vilsack suggesting to retool the bill. [29] [30] It passed the Iowa House of Representatives on April 12, [31] and was later approved by Vilsack on May 4. [32] The project received further support with a promise from the Georgia-based UBG Financial Corporation to lend up to $57 million for the project; although, it was met with skepticism due to claims of finding "little physical evidence of [the] company". [33]
Groundbreaking was held on June 21, 2005. [34] The project was met with optimism, as the economic impact of the facility for the city of Newton was seen as a satisfactory boost for a stagnating city; especially since the biggest employer of the city, Maytag, had begun major layoffs at its Newton factory. [35] By August, Todd Melfi was appointed as the track's general manager. [36] In mid-October, the track confirmed racing dates for the 2006 season with ARCA Re/Max Series [37] and United States Auto Club (USAC)-sanctioned events, with a Hooters Pro Cup Series race being scheduled to christen the facility on September 15, 2006. [38] [39] Two months later, developers secured a $40 million loan from Wells Fargo in replacement of UBG Financial, who seemingly abandoned the project. [40] By April 2006, developers stated hopes of expanding the area to include a water park and a hotel nearby the facility. [41] After the Maytag factory closed in May, the facility was depended on heavily by the Newton area to replace the economic bloodline of the city. [42] In June, the facility was rumored to hold an Indy Racing League (IRL) race weekend for 2007; [43] the report was confirmed in August. [44]
The facility opened as scheduled on September 15, 2006, with Woody Howard winning the first race at the track. [45] The race and its preliminary sessions were marred with excessive tire wear, with mandatory competition cautions being implemented prior to the event. [46] Three weeks later, the facility held its first music festival. [47] The next year, the facility held its first IRL race, with Dario Franchitti winning the first major race at the facility. [48] [49] In late February 2008, chief financial officer Jerry Jauron replaced Stan Clement as the track's president. [50] That same year, the facility was awarded annual NASCAR races for 2009, with the second-tier NASCAR Nationwide Series (now known as the NASCAR Xfinity Series) [51] and the third-tier NASCAR Craftsman Truck Series. [52]
Three years later, in accordance with a plan to transfer ownership of the track within five years, U.S. MotorSport Entertainment sold controlling interest of the facility to the Clement family, a family from Newton. [53] Jauron left shortly thereafter in September, [54] handing over the track's control to Doug Fritz, the senior director of marketing for NASCAR. [55] In 2013, the track sought an $8 million grant from the Iowa General Assembly to improve amenities, but failed. [56] In the same year, the track was found to be in financial trouble, with the facility being late on bill payments. As a result, Fritz resigned, with track management claiming that the track was seeking a refinancing deal in early September. [57] Two months later, The Des Moines Register reported that the facility had been sold to the sanctioning body of NASCAR for $10 million, [58] [59] with Jimmy Small taking over Fritz's position of leadership. [60]
With the purchase of the track, NASCAR chairman Brian France stated hopes of the facility hosting a Nationwide Series version of the NASCAR All-Star Race; he also stated that he was not interested in giving the facility a Cup Series date as the schedule was "full". [61] In February 2018, David Hyatt, the former president of the Motor Racing Network (MRN), replaced Small as the president of the track. [62] Hyatt stated hopes of expanding the facility, along with obtaining a NASCAR Cup Series weekend; particularly, the NASCAR All-Star Race. [63] By the next year, Hyatt claimed that Iowa Speedway had high chances of being awarded a Cup Series date in 2021. [64]
Due to the COVID-19 pandemic, the track's races for 2020 were either cancelled or ran with a reduced number of spectators. [65] [66] By mid-2020, journalist Robin Miller reported rumors that racing mogul Roger Penske was hoping to buy the facility to keep it on the IndyCar schedule; the facility was also rumored to be in financial trouble. [67] Other rumors were also made at the same time that the track was going to be closed down. [68] [69] The rumors of closing were repelled by former general manager Craig Armstrong, who claimed that although the facility would not host any NASCAR or IndyCar races in 2021, the situation was a "temporary setback", with the track still hoping to host club racing events. [70] When the track reopened to full capacity in July 2021 for the NASCAR fourth-tier ARCA Menards Series, attendance was reported at 5,000, putting future events in jeopardy. [71] However, a month later, IndyCar announced its return to the facility in 2022, this time with a doubleheader event. [72]
On October 2, 2023, reports by The Athletic claimed that NASCAR, in seeking for a replacement of a failed attempt of trying to lure a Cup Series weekend at the Circuit Gilles Villeneuve for the 2024 season, opted to choose Iowa Speedway as a backup option. [73] The decision was confirmed a day later, with the facility slated to hold its first Cup Series races since its opening. [74] In February 2024, Eric Peterson, a NASCAR regional director for corporate sales, was appointed to replace Hyatt as the track's president. [75]
Since 2024, the facility hosts the annual Iowa Corn 350, a NASCAR Cup Series race. [74] Before 2024, the track held annual second-tier NASCAR Xfinity Series from 2011 to 2019 and third-tier NASCAR Craftsman Truck Series events from 2009 to 2019; [76] the former plans to return in 2024. [77]
The Indy Racing League (now known as the IndyCar Series) announced their intentions to run annual IndyCar races at the facility in 2006, [44] with the first races being ran in 2007. [49] In 2020, as a result of the COVID-19 pandemic, IndyCar opted to run a doubleheader at the facility. [78] IndyCar decided to stick with the doubleheader format when the series resumed racing at the facility in 2022. [72]
The facility has played host to a variety races hosted by varying sanctioning bodies, including the ARCA Menards Series, the Rolex Sports Car Series, [79] the Pro Mazda Championship, [80] and the USF2000 Championship. [81]
As of June 2019, the fastest official race lap records of the Iowa Speedway are listed as:
Category | Time | Driver | Vehicle | Date |
---|---|---|---|---|
D-Shaped Oval: 1.408 km (2006–present) [82] [83] | ||||
IndyCar | 0:17.4908 [84] | Ryan Briscoe | Dallara IR-04 | 2008 Iowa Corn Indy 250 |
Indy Pro Series | 0:19.791 [85] | Alex Lloyd | Dallara IPS | 2007 Iowa 100 |
Star Mazda | 0:22.052 [86] | Sage Karam | Star Formula Mazda 'Pro' | 2012 Iowa Star Mazda round |
NASCAR Truck | 0:23.747 [87] | Chandler Smith | Toyota Tundra | 2019 M&M's 200 |
US F2000 | 0:23.881 [88] | Sage Karam | Van Diemen DP08 | 2010 Iowa US F2000 round |
NASCAR Xfinity | 0:23.916 [89] | Elliott Sadler | Chevrolet Camaro SS | 2018 U.S. Cellular 250 |
Road Course: 2.092 km (2006–present) [82] [83] | ||||
DP | 0:41.624 [90] | Michael Valiante | Riley MkXI | 2007 Iowa 400k |
Grand-Am GT | 0:45.663 [91] | Kelly Collins | Pontiac GXP.R | 2007 Iowa 400k |
KDSM-TV is a television station in Des Moines, Iowa, United States, affiliated with the Fox network. The station is owned by Sinclair Broadcast Group and has studios on Fleur Drive in Des Moines; its transmitter is located in Alleman, Iowa.
Charlotte Motor Speedway is a 1.500-mile (2.414 km) quad-oval intermediate speedway in Concord, North Carolina. It has hosted various major races since its inaugural season of racing in 1960, including NASCAR, IndyCar, and IMSA SportsCar Championship races. The track is currently owned by Speedway Motorsports, LLC (SMI), with Greg Walter serving as the track's general manager. Charlotte Motor Speedway is served by U.S. Route 29.
Atlanta Motor Speedway is a 1.540 miles (2.478 km) quad-oval intermediate speedway in Hampton, Georgia. The track has hosted a variety of sanctioning bodies since its inaugural season of racing in 1960, including NASCAR and IndyCar. The track has been owned by Speedway Motorsports, LLC (SMI) since 1990, with Brandon Hutchison currently serving as the track's general manager. Atlanta Motor Speedway is served by the nearby concurrent U.S. Route 41 and U.S. Route 19, along with Georgia State Route 20.
Nashville Superspeedway is a 1.330-mile (2.140 km) tri-oval intermediate speedway in Lebanon, Tennessee. The track has held a variety of racing series since its opening in 2001, including NASCAR and the IndyCar Series. It has been owned by Speedway Motorsports, LLC (SMI) since 2021, with Matt Greci currently serving as the track's general manager. The track is served by Interstate 840 and Tennessee State Route 452.
Bristol Motor Speedway is a 0.533 miles (0.858 km) oval short track in Bristol, Tennessee. The track has held a variety of events since its opening in 1961, including NASCAR races, NCAA FBS college football games, and sprint car races. The track has been owned by Speedway Motorsports, LLC (SMI) since 1996 with Jerry Caldwell currently serving as the track's general manager. The track is served by the concurrent U.S. Route 19 and U.S. Route 11E, along with Tennessee State Route 394.
Chicagoland Speedway is a 1.520 mi (2.446 km) tri-oval speedway with a curved backstretch in Joliet, Illinois, southwest of Chicago. The speedway opened in 2001 and actively hosted NASCAR racing including the NASCAR Cup Series until 2019. Until 2010, the speedway has also hosted the IndyCar Series, recording numerous close finishes including the closest finish in IndyCar history. The speedway is owned and operated by NASCAR.
Kansas Speedway is a 1.500-mile (2.414 km) tri-oval intermediate speedway in Kansas City, Kansas. The track, since its inaugural season of racing in 2001, has hosted a variety of racing series, including NASCAR, IndyCar, and the IMSA SportsCar Championship. The track has been owned by NASCAR since 2019, with Patrick Warren serving as the track's president. The track is served by the concurrent Interstate 70, U.S. Route 24, and U.S. Route 40, along with Interstate 435.
Las Vegas Motor Speedway is a 1.5 miles (2.4 km) tri-oval intermediate speedway in North Las Vegas, Nevada. The track complex, since its inaugural season of racing in 1972 with off-road and drag racing, has seen expansion and has hosted various racing series, including NASCAR, IndyCar, and Champ Car. The track has been owned by Speedway Motorsports, LLC (SMI) since 1999, with Chris Powell serving as the track's general manager. The track is served by the nearby Interstate 15 and Las Vegas Boulevard.
Texas Motor Speedway is a 1.500-mile (2.414 km) quad-oval intermediate speedway in Fort Worth, Texas. The track has hosted both NASCAR and IndyCar events annually since its inaugural season of racing in 1997. The track is owned by the city of Fort Worth's sports authority and is leased out by Speedway Motorsports, Inc. (SMI) for racing, with Mark Faber currently serving as the track's general manager. The speedway is served by the nearby Interstate 35W and Texas State Highway 114.
North Wilkesboro Speedway is a 0.625 miles (1.006 km) paved oval short track in North Wilkesboro, North Carolina. The track has hosted a variety of racing events since its inaugural season of racing in 1947; primarily races sanctioned by NASCAR. It has been owned by Speedway Motorsports, LLC (SMI) since 2007 with Ronald Queen serving as director of operations. North Wilkesboro Speedway is served by U.S. Route 421.
Howard Augustine Wheeler Jr., nicknamed Humpy Wheeler, is an American motorsports executive and businessman. He is best known as the former general manager of the Charlotte Motor Speedway, a 1.5-mile (2.4 km) banked racetrack in Concord, North Carolina. Wheeler held the positions of publicity directors for numerous companies and later became the president and general manager of the Charlotte Motor Speedway. He is a major auto racing promoter and businessman, particularly in stock car racing and IndyCar racing.
Ana "Bia" Beatriz Caselato Gomes de Figueiredo, or Bia Figueiredo is a Brazilian racing driver. She won her first Indy Lights race at Nashville Superspeedway on 12 July 2008, becoming the first woman to win a race in the Indy Lights series. On June 20, 2009, Bia won her second Indy Lights race and became the first woman to win a race car event at Iowa Speedway in Newton, Iowa.
The Hy-Vee Homefront 250 presented by Instacart and Hy-Vee One Step 250 presented by Gatorade are IndyCar Series races held at the Iowa Speedway in Newton, Iowa. The first event was held in 2007. From 2007 to 2013, it was a 250-lap race; beginning in 2014, the race was increased to 300 laps. For 2020, the race reverted to 250 laps, with consecutive 250-lap races on Friday and Saturday night. After being left off of the calendar for 2021, it returned to the 2022 schedule with the 250/300 format held in years previous.
The U.S. Cellular 250 was a 250-lap, 218.75-mile NASCAR Xfinity Series race which was held at Iowa Speedway in Newton, Iowa every summer from 2009 to 2019. It was traditionally held in late July or early August, while U.S. Cellular was the title sponsor every year since the event's inception with different presenting sponsors each year.
The Hy-Vee PERKS 250 is a 250-lap, 218.75-mile NASCAR Xfinity Series race at Iowa Speedway in Newton, Iowa. The race has been held in May or June from 2011 to 2019 and was going to be held again in 2020 before being canceled due to the COVID-19 pandemic. The race was removed from the Xfinity Series schedule entirely in 2021. The race returned to the schedule in 2024.
The 2016 Iowa Corn 300 was the 10th Round of the 2016 Verizon IndyCar Series season and the 10th consecutive year the Verizon IndyCar Series visited the Newton, Iowa short oval. The race was broadcast on NBCSN with Brian Till as the Lap-By-Lap Announcer. Ryan Hunter-Reay of Andretti Autosport entered as the defending winner of the race.
The 2019 CircuitCity.com 250 is a NASCAR Xfinity Series race held on June 16, 2019, at Iowa Speedway in Newton, Iowa. Contested over 250 laps on the 0.8-mile (1.3 km) D-shaped oval, it was the 14th race of the 2019 NASCAR Xfinity Series season.
William Edgar Gossage is an American public speaker and a former motorsports executive and businessman. He is best known as the former president of the Texas Motor Speedway, a 1.5-mile (2.4 km) banked racetrack in Fort Worth, Texas. He previously held positions at numerous companies, holding various public relations positions. He is a major auto racing promoter and businessman, particularly in stock car racing and IndyCar racing.
The 2016 Speediatrics 200 was the 8th stock car race of the 2016 NASCAR Camping World Truck Series, and the 8th iteration of the event. The race was held on Saturday, June 18, 2016, in Newton, Iowa, at Iowa Speedway, a 0.875-mile (1.408 km) permanent tri-oval shaped racetrack. The race took the scheduled 200 laps to complete. William Byron, driving for Kyle Busch Motorsports, made a late-race pass with 10 laps to go, and earned his third career NASCAR Camping World Truck Series win, and his second consecutive win. Byron dominated the majority of the race, leading 107 laps. To fill out the podium, Cole Custer, driving for JR Motorsports, and Cameron Hayley, driving for ThorSport Racing, would finish 2nd and 3rd, respectively.
The 1986 Summer 500 was the 16th stock car race of the 1986 NASCAR Winston Cup Series and the 14th iteration of the event. The race was held on Sunday, July 20, 1986, before an audience of 60,000 in Long Pond, Pennsylvania, at Pocono Raceway, a 2.5 miles (4.0 km) triangular permanent course. The race was shortened from its scheduled 200 laps to 150 laps due to a combination of rain, darkness, and fog.
{{cite web}}
: CS1 maint: url-status (link)