Iowa Speedway CEO Doug Fritz has resigned from that position, Speedway officials confirmed to the Des Moines Register. Speedway spokesperson Craig Armstrong confirmed the departure of Fritz, who left in recent weeks to pursue another opportunity. Armstrong declined to say what that other position could be. Fritz was formerly the president at Richmond International Raceway before being named CEO at Iowa Speedway in September of 2011. Fritz was not able to immediately be reached for comment. Also today, two Speedway officials told the Register that the 7/8-mile Newton track is lagging behind on some payments to vendors. Speedway chairman Conrad Clement told the Register that a press release is scheduled for later today or early Wednesday. Clement said the release would include news about Fritz and would address the tracks efforts to refinance, in addition to a status update on next seasons race schedule.( Des Moines Register )(9-10-2013) UPDATE: Iowa Speedway officials announced that track CEO Doug Fritz tendered his resignation in August to pursue another opportunity on the east coast, which was effective on Monday. ‘We wish Doug the very best in his new venture, and thank him for all of his efforts on behalf of our racetrack’ said Conrad Clement, Chairman of the Board and principal owner of Iowa Speedway. ‘Stan Clement will continue in his role as President of the track, and will consolidate the duties of CEO as well. Right now, our senior staff is focused on assembling a very attractive schedule for our 2014 racing season’ Clement noted. ‘We are discussing specific race dates with all of the sanctioning bodies, and plan to have a final schedule approved within the next two weeks. Season Ticket packages will be available for sale shortly after approval of the 2014 schedule. Thanks to the great fan support we have enjoyed over the last seven years, Iowa Speedway has a very bright future ahead’ Clement said. ‘We have many facility improvements and fan amenities on the books for next season, and we are looking forward to another outstanding year in 2014.”(Iowa Speedway)
