"Las Vegas is close to getting a second top-tier NASCAR race at Las Vegas Motor Speedway beginning in 2018. The Las Vegas Convention and Visitors Authority board of directors scheduled a special meeting Wednesday to consider a seven-year $2.5 million annual sponsorship agreement with NASCAR that would include the addition of a fall race at the speedway. Since 1998, NASCAR has had a Las Vegas race, usually in March. This years race, the Kobalt 400, a part of the Monster Energy NASCAR Cup race series, is March 12. While key figures arent talking specifics, the proposed contract that will be put to the 14-member boards vote Wednesday provides some detail. The sponsorship and marketing agreement would dedicate $1 million per race, plus $500,000 a year to market both the spring and fall races, beginning Jan. 1 for seven years with an option for three additional years. The contract would be for two NASCAR first-tier (currently Monster Energy NASCAR Cup Series) sanctioned races at the Las Vegas Motor Speedway every year during the term of this agreement.