From BGNRacing.com:

International Speedway Corp. has pledged to guarantee two major race weekends and not to build a track within 500 miles of its Washington track if the state legislature passes its financial proposal. Those were two of the details announced Tuesday as the proposed financial package was submitted to the Washington House of Representatives despite not having the support from the area where ISC currently wants to build the track. ISC will fund $180 million of the $368 million project, with $164 million being paid by bonds supported by sales tax revenue generated by out-of-state race fans and $24 million from an admissions tax. The legislation is not site specific, but ISC currently is looking in Kitsap County, about 20 miles south of Seattle. The plan is to build a 1.2-mile, 80,000-seat race track with a possible opening in 2011. The facility would also include a road course. ISC expects to have to move one of its Cup weekends from its other tracks to the Pacific Northwest, and Lynch said he hopes all three NASCAR national series will make an appearance at the track once it is built. (Scene Daily) (02-06-07)