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UPDATE: Second NASCAR race in Las Vegas approved

Posted at 6:42 PM, Mar 07, 2017
and last updated 2017-03-08 21:35:55-05

UPDATE ON MARCH 8: A second NASCAR race has been approved in Las Vegas.

The speedway made the announcement at a joint news conference with the Las Vegas Convention and Visitors Authority at Cashman Center Wednesday, just two days before the green flag drops on its 2017 NASCAR weekend. LVMS will host the new Monster Energy Cup race beginning in the fall of 2018 in addition to its customary March NASCAR weekend.

LVMS also will welcome a second NASCAR Xfinity Series race beginning in the fall of 2018 and an additional NASCAR Camping World Truck Series race beginning in the spring of 2018, meaning both of the speedway’s NASCAR weekends will include races from each of NASCAR’s top three series – the Camping World Truck Series, Xfinity Series and Monster Energy Cup Series.

Las Vegas Motor Speedway will become the first facility on the NASCAR schedule to host two annual event weekends with all three national touring series. Official race dates will be announced later by NASCAR as part of the full 2018 schedules.

ORIGINAL STORY

The Las Vegas Motor Speedway and the Las Vegas Convention and Visitors Authority are holding a news conference Wednesday to make a major announcement.

Rumors say it will be able bring a second NASCAR race to Las Vegas.

The proposed deal calls for the LVCVA to spend $2.5 million a year for the two races.

The LVCVA estimated in years past the one NASCAR race weekend has generated more than $150 million in economic impact.

The news conference is scheduled for 2:30 p.m. at the Cashman Center.