Ownership transfer of Iowa Speedway approved by local officials

2 Comments

The Des Moines Register is reporting that the Newton (Iowa) City Council has approved the transfer of ownership for the 7/8-mile Iowa Speedway from the U.S. Motorsports Corporation to Iowa Speedway, LLC. However, the major figures behind the track’s new ownership group have still not yet been revealed to the public.

“[We’re] fully aware of who the new entity is,” Newton mayor Mike Hansen said during today’s Council meeting according to the Register’s Bryce Miller. “And we’re extremely pleased…There will be an announcement shortly.”

The transfer involves multiple deals, include one for development on the land that Iowa Speedway sits on and a lease agreement with a nearby airport.

As for who could be the new mystery owners, it may be easier to figure out who wouldn’t be on that list at this point in time. To that end, Dustin Long of Motor Racing Network is reporting that a spokesperson for International Speedway Corporation (which owns 12 NASCAR facilities) has said they’re not involved with the Iowa purchase.

As for the other major NASCAR track conglomerate, Speedway Motorsports, Inc. (which owns 8 NASCAR facilities), Long writes that one of their spokespeople declined to comment altogether on the matter.

Verstappen doesn’t want F1 season to end after recent run of form

Getty Images
Leave a comment

Max Verstappen says he is not ready for the 2017 Formula 1 season to come to an end after enjoying a run of strong form through the closing stages of the campaign.

Verstappen endured a rocky run of form through to the end of the European season that saw him suffer a number of reliability issues and score just a single podium finish, taking third in China back in April.

However, the Dutchman has rallied to score more points than any other driver in the last five races, including victories in Malaysia and Mexico, as well as a podium finish in Japan.

Verstappen heads into next weekend’s Abu Dhabi Grand Prix chasing a third win of the year to sign off, but joked he does not want the season to end just as he’s got into a good groove.

“We will, of course, try and end the season with a strong result in Abu Dhabi,” Verstappen said. “Last year was actually quite a good race after skipping a pit stop following a spin at Turn 1, it was hard to manage the tires to the end of the race but we did it and finished fourth.

“I would say that my favorite part of the track is at Turns 2 and 3, the fast left, right. It’s also very cool driving underneath the hotel and racing in the darkness with all the lights.

“The final sector at Yas Marina is actually quite technical so you have to be really precise there, but it should also be our strongest part of the track.

“There are quite a few overtaking opportunities to make the race interesting, before the long straight at the hairpin and then at the end of the straight under braking for the next chicane section.

“Abu Dhabi is the last race on the calendar, but I don’t actually want the season to end. I’m really fired up at the moment and I just want to keep going.

“The nice thing will be to spend some time with friends and family over the winter break and then I will look ahead to January and get back into training before it all starts again.”