Speedway Motorsports chairman Bruton Smith confirmed Friday that he has agreed to buy the New Hampshire track for $340 million from 80-year-old independent owner Bob Bahre in a deal that should be completed early next year.
Smith was much less direct about how the purchase could affect his long-standing desire to add a second Cup race at Las Vegas, one of the other six tracks Smith already owns.
"We don't plan to make any changes at this time," Smith said. "We're new in this. We've just done this. It's going to take us some time to develop all of our plans that concern the speedway there."
There is widespread speculation that Smith will move one of the races from New Hampshire, possibly the Chase for the Nextel Cup race, to Las Vegas as early as 2009.
Asked numerous times and different ways about that possibility Friday, Smith maintained that it was too early to know.
"We've only been here a week, and have not had time to develop some of the answers to some of your questions," Smith said from Texas, one of his tracks and where the NASCAR Nextel Cup, Busch and Trucks series run this weekend.
Bahre said he was hopeful that Smith wouldn't move one of New Hampshire's races, but acknowledged that there is nothing in the deal that would prevent that from happening.
"I told him I didn't want any dates going out of there, but I can't stop him," Bahre said. "I told him, `Bruton, I hope you'll keep them here.' I got the feeling he would."
Smith said at least four other entities, including Boston Red Sox owner John Henry, also were tying to buy New England's largest sports venue. Smith said at least one potential buyer offered more money than he did.
But Smith said his friendship with Bahre was likely a "big factor" in getting the deal done. Bahre will remain involved with the track as a consultant to Smith.
"We look forward to working closely with Bruton Smith and his team during the upcoming transition and for years to come," Bahre said.
Other potential buyers were George Gillett, a Canadian billionaire who is part owner of Gillett-Evernham Motorsports and also owns the NHL's Montreal Canadiens; Kentucky Speedway owner Jerry Carroll and Roger Penske.
NASCAR said there would be no changes to the 2008 season schedule released last month.