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.

Who has the best odds of winning Sunday’s Indianapolis 500?

Can Takuma Sato make it 2 Indy 500 wins in a row Sunday? Photo: IndyCar
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Noted oddsmaker Bovada (www.Bovada.lv) has released its annual list of which drivers have the best — or worst — odds of winning Sunday’s 102nd Running of the Indianapolis 500 at Indianapolis Motor Speedway.

Topping the list is 2016 Indy 500 winner Alexander Rossi at 8/1 odds, followed closely by Team Penske drivers Helio Castroneves (going for a record-tying fourth 500 triumph), 2017 Verizon IndyCar Series champ Josef Newgarden and Will Power, all at 10/1 odds.

Other notables include:

  • Pole sitter Ed Carpenter 12/1
  • Danica Patrick 25/1
  • Defending 500 winner Takuma Sato, who is vying to become the first back-to-back winner since Helio Castroneves did so in 2001 and 2002, 30/1
  • Rounding out the list with the highest odds of winning is Max Chilton at 25/1

Here’s the full list:

Indianapolis 500 – Odds to Win @ Indianapolis Motor Speedway

Alexander Rossi #27                  8/1

Helio Castroneves #3                 10/1

Josef Newgarden #1                  10/1

Will Power #12                          10/1

Sebastien Bourdais #18             12/1

Ed Carpenter #20                      12/1

Scott Dixon #9                          12/1

Ryan Hunter-Reay #28               12/1

Simon Pagenaud #22                12/1

Marco Andretti #98                    15/1

Tony Kanaan #14                       15/1

Sage Karam #24                        20/1

Carlos Munoz #29                      25/1

Danica Patrick #13                    25/1

Graham Rahal #15                     30/1

Takuma Sato #30                      30/1

Robert Wickens #6                    30/1

Gabby Chaves #88                    40/1

JR Hildebrand #66                     40/1

Ed Jones #10                            40/1

Charlie Kimball #23                    40/1

Spencer Pigot #21                     40/1

Zach Veach #26                        40/1

Stefan Wilson #25                     40/1

Zachary Claman De Melo #19     80/1

Jay Howard #7                          80/1

Matheus Leist #4                       80/1

Jack Harvery #60                       100/1

Oriol Servia #64                         100/1

Conor Daly #17                         150/1

James Davison #33                   200/1

Kyle Kaiser #32                         200/1

Max Chilton #59                        250/1