In late 2005, Rusty Wallace broke ground on his "Signature Design Speedway" in Newton, Iowa. The Iowa Speedway had its first race on September 15, 2007 and hosted many races in 2007 including an IRL race. The track is noted for its structural similarity to Richmond International Raceway, where Wallace has won six times. The Iowa Speedway hosted its first NASCAR Nationwide Series race in 2009.
In late 2005, Rusty Wallace broke ground on his "Signature Design Speedway" in Newton, Iowa. The Iowa Speedway had its first race on September 15, 2007 and hosted many races in 2007 including an IRL race. The track is noted for its structural similarity to Richmond International Raceway, where Wallace has won six times. The Iowa Speedway hosted its first NASCAR Nationwide Series race in 2009.