IOWA SPEEDWAY: Branstad To Sign Tax Deal

speedway

NASCAR will get a tax break to keep the Iowa Speedway in Newton moving forward.

Gov. Terry Branstad’s office announced Monday he will sign a bill giving NASCAR the same tax deal that previous owners had. The deal had originally applied only if Iowans retained partial ownership of the track.

Gov. Branstad will sign the bill Wednesday.

NASCAR bought the track last fall.

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