DES MOINES, Iowa (AP) - Featherlite Inc. founder Conrad Clement and his family have purchased the Iowa Speedway.
Officials announced Tuesday that the family known for Featherlite aluminum trailers has purchased the holding company that owns the five-year-old track, U.S. Motorsports Corp., from the Manatt family. Terms were not disclosed.
The Manatts own a Brooklyn, Iowa-based construction company. They've been the primary investor since the track was built in 2006 but had intended to transfer controlling interest in five years.
The 0.875-mile track has been a hit with fans in Iowa since it opened.
This year, Iowa has four major events on the schedule, including last month's IndyCar race, two NASCAR Nationwide events and a NASCAR trucks series event on July 16.
Track officials say Rusty Wallace will remain a minority owner and that no staff changes are planned.

Recent NASCAR Discussions

Advertisement

NASCAR Odds

Driver Odds
Odds to win the Daytona 500 @ Daytona International Speedway
Dale Earnhardt, Jr. #88 +600
Brad Keselowski #2 +650
Kevin Harvick #4 +1000
Kyle Busch #18 +1000
Joey Logano #22 +1000

Nascar Top Stories

Thumbnail NASCAR Championship Odds As the 2017 NASCAR Monster Energy Cup Season is set to begin later next month, here is the latest odds to win the season championship.
Thumbnail Can Dale Jr. win in 2017? After missing a large chunk of the 2016 season due to a concussion, Dale Earnhardt Jr. says he is ready to go for 2017. Can he be a championship...
Thumbnail Edwards steps away from NASCAR In a surprising move this week, Carl Edwards has chosen to leave NASCAR and step away from his racing career.
Advertisement