Tony Stewart purchases sprint car organization

NASCAR star Tony Stewart has added to his range of motorsport involvements by purchasing The All Star Circuit of Champions Sprint Car Series, one of the nation's longest-running sprint car organizations, which operates a grass-roots winged sprints tour.

"My passion for sprint car racing is well known, and the All Star Circuit of Champions Sprint Car Series has been a pillar of the sport for a long time," said Stewart in announcing his purchase from previous owner Guy Webb. "Racing is my business, and I look forward to building on the All Star Series' already impressive legacy by taking it to a new level of success and sustainability."

Augmenting the purchase of the All Star Circuit of Champions Sprint Car Series are the terms Stewart reached separately with Rob Hunter and Shane Helms, principals of the Renegade Sprint Series. The agreement will bring drivers from both series' together under the All Star Circuit of Champions banner in 2015.

The 2015 UNOH All Star Circuit of Champions schedule boasts 50 race dates and has been assembled through a collaborative effort between sanctioning bodies, existing speedways and promoters new to the series. It will boast a national point fund worth more than $100,000.

In addition to the NASCAR team he co-owns with Gene Haas, three-time Sprint Cup champion Stewart operates Eldora Speedway in Rossburg, Ohio, and Tony Stewart Racing, which fields entries for six-time and reigning World of Outlaws Sprint Car Series champion Donny Schatz and 20-time World of Outlaws champion Steve Kinser.