Back in 2005, former Winston Cup champion Rusty Wallace helped design a racetrack out in the corn fields of Iowa. A tri-oval short-track with a road course on premises, Iowa Speedway has gone on to host stock cars, Indy cars and Grand-Am sportscars, but in the years since it's opening, it has fallen on some hard times. Fortunately the speedway has now been rescued by none other than the motorsport sanctioning body with which it is most closely associated. In a deal announced just the other day, NASCAR will take over ownership of Iowa Speedway, effective immediately.
Autoblog , NASCAR buys Iowa Speedway, NASCAR buys Iowa Speedway
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