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Miles says IndyCar expects to be in Iowa in '14

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LUKE MEREDITH | June 23, 2013 02:30 PM EST | AP

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NEWTON, Iowa — IndyCar CEO Mark Miles says the series expects to race at the Iowa Speedway in 2014 and is hopeful the sides can soon agree on a multi-year contract.

Miles's addressed the topic Sunday in response to a comment from driver Graham Rahal on Saturday.

Rahal referenced rumors he had heard indicating that IndyCar wouldn't return to Iowa next season.

Miles did say that the Iowa race could possibly be shifted from its traditional late June date. But he reiterated that the series has no plans to abandon Iowa after seven years.

Miles says Iowa is a "cornerstone" of the IndyCar schedule.