Unfortunately, COVID-19 and geography has affected the Iowa Speedway and their potential for revenue in 2020.
On Thursday, it was unveiled that Iowa Speedway’s NASCAR race weekends have officially been canceled as part of the revised NASCAR schedule. The NASCAR Xfinity Series races were originally scheduled for June 13 and August 1 and the NASCAR Gander RV & Outdoors Truck Series race was slated for June 12.
NASCAR and Iowa have worked closely with public health officials, medical experts and state and federal officials throughout the development of a realigned NASCAR schedule to ensure the safety of competitors, staff, and the local community. The decision to realign the NASCAR Xfinity Series and NASCAR Gander RV Truck Series race events was on account of the impact of the COVID-19 pandemic.

Iowa’s first NXS race has been realigned to Homestead-Miami Speedway as part of NASCAR’s efforts to reschedule all points races for all national series events for the current season. Iowa’s second NASCAR Xfinity Series race and the NASCAR Gander RV & Outdoors Trucks Series race will be realigned for a future date on the 2020 NASCAR schedule. The NASCAR Whelen Modified Tour race originally scheduled for July 31 has also been canceled for this year.
Ticketholders may receive a credit for the full amount of their purchase plus an additional 20% of the total amount paid to apply towards future race events, including, but not limited to, grandstand seating, infield, camping, fan hospitality, and track passes. The 120% event credit can be used in a single transaction during the remainder of the 2020 season and entire 2021 season for a NASCAR sanctioned event at any NASCAR-owned tracks, subject to availability. Fans can also request a refund, if preferred. As a reminder, requests could take a minimum of 60 days for processing from the time of your original request. For additional details and other options, please visit iowaspeedway.com/assistance.
Where this is a problem is, Iowa only has one race weekend left now in 2020 and that’s INDYCARs visit in July. Right now, that’s slated to be a doubleheader deal with a race on Friday and Saturday night too. Here’s the kicker, without any revenue from any other race this year, what if fans are limited in capacity for that weekend — or worse yet, not even allowed at all.
INDYCAR will expect a sanctioning fee in some sorts from them. While they could work out a potential deal to lower the fee, the Series needs to make money and needs some form of payment. For Iowa, how can they pay it when they have no other source of revenue of any sort throughout the year, nor any money from the gate if fans can’t come to the INDYCAR weekend?
Iowa is a great facility with a great team and staff. It always provides great racing and I’d hate for them to scale back because of this.
We’ve seen the Chicagoland Speedway take a hit with layoffs due to them not hosting any races at all in 2020. I hope Iowa can find a way to avoid that. Unfortunately, they’re in the heartland and NASCAR is trying to remain close to base in Charlotte for the next few months. A longer trip to Iowa just isn’t in the cards.

[…] We know also that it sounds like the July 4 GMR Grand Prix at the Indianapolis Motor Speedway can run with fans. If Road America can too, it’s a win-win. Next up after that is a doubleheader weekend at the Iowa Speedway, with all hopes of hosting those races with fans too. Iowa lost all their other race weekends for 2020, so it’s vastly important that they can get b…. […]
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