NASCAR acquires Richmond Raceway as part of $2 billion deal

Virginia
Richmond raceway

RICHMOND, VA – APRIL 12: Cole Custer, driver of the #00 Haas Automation Ford, does a burnout after winning the NASCAR Xfinity Series ToyotaCare 250 at Richmond Raceway on April 12, 2019 in Richmond, Virginia. (Photo by Donald Page/Getty Images)

RICHMOND, Va. (WRIC) — Richmond Raceway is among a dozen race tracks that have been acquired by NASCAR as part of a $2 billion deal.

The Associated Press is reporting that NASCAR on Wednesday has purchased International Speedway Corp., which owns Richmond Raceway and 11 other racetracks around the country. 

The deal is expected to close by the end of the year.

ISC owns 12 tracks that host NASCAR races, including Richmond Raceway, Martinsville Speedway, Daytona International Speedway, Talladega Superspeedway, Darlington Raceway and Homestead-Miami Speedway. 

Richmond Raceway declined to comment on the deal.

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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