Report: Iowa Speedway owners plan to sell track

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The U.S. Motorsport Corporation is planning to sell the 7/8-mile Iowa Speedway in Newton, Iowa according to NBC affiliate WHO-TV in Des Moines. Iowa Speedway currently hosts the NASCAR Nationwide Series, NASCAR Camping World Truck Series, and IndyCar Series.

WHO-TV reports that the company will sell to an undisclosed buyer – only known as “Iowa Speedway, LLC” in documents given to Newton City Council members. The Council will hold a special meeting tomorrow to vote on approving the terms.

The news comes more than two months after the track’s CEO, Doug Fritz, resigned. At that point in time, The Des Moines Register also was reporting that the track was behind on some vendor payments.

In 2011, the Manatt family sold the U.S. Motorsports Corporation to the family of Featherlite Trailers founder Conrad Clement. NASCAR legend and track designer Rusty Wallace remained involved as a minority owner through the exchange.

Iowa has earned praise for its short-track brand of racing, but has had to reduce its schedule from five major weekends this past season to three for 2014. The NNS will visit twice next May and August, while the Trucks and the IndyCars will pair up next July.

Wide range of tire selections for Mexican Grand Prix

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The focus this week is on the United States Grand Prix from Circuit of The Americas in Austin, but because it’s Tuesday, the Pirelli tire selections for next week’s Mexican Grand Prix are also out.

And for once, there’s a wide variance in selections.

Both Red Bull and Ferrari have gone for a more balanced portion of supersoft and ultrasoft tires, with Red Bull only selecting six sets of ultrasoft tires.

Meanwhile all other teams have gone between eight to 10 sets of ultrasoft tires.

The full breakdown is below.