NASCAR has purchased Iowa Speedway. NASCAR announced it will host a special event Dec. 12 in Des Moines to outline further details of the purchase and plans for 2014 and beyond. According to Wednesday's news release, "NASCAR has no plans for Iowa Speedway to host a NASCAR Sprint Cup Series race next year or in the immediate future." The sale -- made to a wholly owned subsidiary of NASCAR called Iowa Speedway, LLC -- is the latest development in an offseason of change for the 0.875-mile asphalt track in Newton, Iowa. More...