Cup Banquet moving to Las Vegas

Speedway Motorsports Inc. chairman Bruton Smith believes chances are good NASCAR will move the Cup postseason awards banquet from New York City to Las Vegas in 2008.

"I think it's 80 to 90 percent likely to happen," Smith said Tuesday from his office in Charlotte. "I think it would be a wonderful thing for everyone involved if we can get this worked out."

Ramsey Poston, NASCAR's managing director of corporate communications, said talk of moving the banquet is strictly speculation.

"NASCAR has no current plans to relocate the banquet," Poston said. "However, NASCAR is courted on a regular basis by other major cities, and on a consistent basis for the Cup banquet and other banquets."

Smith said he recently has engaged in some favorable conversations with NASCAR chairman Brian France about the possibility of moving the awards banquet to Las Vegas.

"I think everyone is more accepting of the idea now," Smith said. "It seems we've worn out our welcome a little bit in New York. That was obvious when plans to build a track up there fell through." ESPN.com