Wallace hopes Iowa lures NASCAR

NASCAR veteran Wallace, who helped design the 0.875-mile oval, has just announced that the Indy Racing League will host a race at the facility next June.

However, with many tracks vying for a prestigious NASCAR Nextel Cup or Busch Series race, Wallace, who is currently commentating on the IRL for television network ABC, is keen for the facility to prove its credentials first.

"Although I have kept NASCAR in the loop of everything we're doing, we haven't asked for a date," said the 1989 Nextel Cup champion.

"They know we would love to have a date. You know, I'm smart enough to know we need to build this facility, show what we can do and we need to race.

"The IRL has already realised what we can do here. That's the reason we were able to hook up with the IRL as quickly as we did, which we're so excited to have. It's unreal. I'll know what I'm talking about when it comes to the show they can put on. They're incredible.

"I haven't had any dialogue. To be quite honest, with NASCAR coming off its recent lawsuit with Texas, its recent lawsuit with Kentucky, you don't even go to them and ask them for a date. Just the way it is.

"I'm hoping when NASCAR sees our facility, they'll want to come to us. We appreciate it. We feel like we've got one of the number one facilities right now here in the world with the IRL."