Madison, IL (KSDK) -- Gateway International Raceway will not host three separate NASCAR events in 2011.
According to Brandon Mudd of Dover Motorsports, the raceway will not seek sanctions for two Nationwide Series events and one Camping World Truck Series event.
"This was a difficult decision in light of the many years of earnest and continued efforts on everyone's part to develop a viable market for these events in one of our nation's greatest cities," said VP and General Manager of Gateway Terry Harmeson.
The track's 2010 schedule remains intact, meaning fans can still attend the Nationwide race set for October 23.
"We also plan to explore various ways to change the economics at Gateway both from the revenue and expense side," Harmeson said.
"We have a group of extremely dedicated and talented employees who make Gateway a great destination and we deeply appreciate all the support we have had from the racing community over the years. However, economics dictate that we evaluate all of our options for this facility, including its possible sale," said Denis McGlynn, President and CEO of Dover Motorsports.
Gateway International Raceway is a subsidiary of Dover Motorsports, which operates three tracks in three states, including Dover International Speedway and Nashville Superspeedway.