Jan 31, 2015 09:00 AM EST
Tony Stewart Purchases Sprint-Car Racing Series, Has Big Plans

NASCAR driver Tony Stewart won't be driving a sprint car for "a long time," but that won't stop him from owning a sprint car series.

The three-time NASCAR champ acquired the All Star Circuit of Champions Sprint Car Series this week, one of the oldest sprint car organizations in the U.S.

"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," Stewart said this week, according to ESPN. "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."

The purchase is the first racing series Stewart owns outright, as he also owns Eldora Speedway in Rossburg, Ohio and fields two World of Outlaws cars out of Tony Stewart Racing. He is the co-owner of NACARS Stewart-Haas Racing, which won the Sprint Cup Championship in 2014 with driver Kevin Harvick.

Stewart has made headlines over his passion for car racing the last two years. He broke his leg during a 2013 sprint car accident, causing him to miss the final 15 races of the NASCAR season overall due to a number of additional surgeries.

He returned to racing about a year after the accident and won his first race. Just a few days after the year anniversary of his sprint car accident he was involved in an incident in upstate NY dirt track when his car hit and killed Kevin Ward Jr. while the driver was walking on the track.

When asked on Tuesday if he'll ever return to a sprint car, he said it won't be anytime soon.

"I think it's going to be a long, long time before you see me back in one," Stewart said, according to ESPN.

NASCAR racing returns on Sat, Feb. 14 for the Sprint Unlimited at Daytona International Speedway, which airs at 8:00 p.m. on FOX.

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