Rusty Wallace says he won’t take part in the first race at the Iowa Speedway when it opens next summer. The legendary NASCAR driver is retiring from the Nextel Cup Series at the end of the season and designed the track which broke ground last week in Newton. Wallace says he will drive some laps at the track with his car to check the smoothness of the track and to “I’ll drive the laps at the new track to make sure the consistency is right the racing’s right on it before I sign off on it,” Wallace says.Wallace says there are enough super speedways out there and the track of 7/8ths mile will fill a need. He says he believes it’ll be “the most awesome speedway in the entire world that I’ve everworked on.”Sanctioning bodies like ARCA and USAC are expected to hold events at the track and Wallace says down the road NASCAR events are a possibility. He says NASCAR “is totally in the loop” for everything they’re doing at the Newton track.