Iowa Speedway to be sold - KWWL - Eastern Iowa Breaking News, Weather, Closings

Iowa Speedway to be sold

Posted: Updated:
NEWTON (KWWL) -

There are multiple reports that the Iowa Speedway in Newton will soon have new owners.

US Motor Sport Corporation will sell the track and its properties to an undisclosed buyer. The new company is identified in documents provided to city council members only as Iowa Speedway LLC.

The Newton City Council will vote to approve terms of the change at a special meeting Tuesday at noon. The speedway has struggled financially at times to pay vendors and secure financing for expansion.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KWWL. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Sandy Youngblut at 319-291-1259. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.