It looks like Irwindale Speedway won't be hosting events any time soon, however. In a brief statement sent to the media, the motorsports facility stated that "the management of Irwindale Speedway today announced that the 2012 racing season has been cancelled." Just like that.
As ESPN reports, though, the closure was inevitable. This past summer, NASCAR cancelled the All-Star Showdown, and just a few weeks later, Toyota ended its sponsorship of the track. While the speedway has yet to confirm that they are permanently shutting down, things aren't looking good. Reports indicate that grandstands at the track have been removed and offices have been completely cleaned out. Even the track's website appears to have been shuttered. Only a driving school, L.A. Racing Experience, now remains on the property.