NASCAR has purchased the Iowa Speedway race track in an agreement effective immediately, following reports of financial trouble at the venue.

Racing series NASCAR has appointed Kenny Mitchell managing director of brand and consumer marketing.

Nascar has revealed next year’s schedule for the its Nationwide Series, which includes the return of a night race at the Chicagoland Speedway after a three-year break.

Nascar has decided to make the Air Titan track-drying system available for use at ever Sprint Cup Series race next year.

NASCAR has appointed David Hart as its director for sanctioning body International Motor Sports Association (IMSA) Communications and the promotion of Nate Siebens to IMSA Communications senior manager.

NASCAR is set to make significant changes to the motor sport and the way it is officiated, with the announcement of 11 proposals to be implemented for the 2015 season.

NASCAR track owner International Speedway Corporation (ISC) has approved $400 million funding to redevelop the frontstretch of the Daytona International Speedway, home of the Daytona 500.