Race fans are well familiar with the Memorial Day weekend doubleheader where the Indianapolis 500 gets the day started and then the action later moves to Charlotte Motor Speedway for the Coca-Cola 600.

But for the first time in racing history, Indianapolis Motor Speedway will be the sight of a doubleheader of its own when the IndyCar Series and the NASCAR Xfinity Series will each hold races on July 4.

While NASCAR is still working to reschedule its postponed races, the IndyCar Series has announced an updated schedule with the Indianapolis 500 moving from May 24 to August 23.

The GMR Grand Prix will kick off July 4 racing festivities on the 14 turn road course which will be followed by the debut of the Xfinity Series road course race.

Indianapolis Motor Speedway president Douglas Boles spoke on the historic event saying, “for very good reason, this historic pairing will be circled on the calendar of every motorsports fan. We appreciate our friends at NASCAR for their flexibility and support in this matter and will work with them on a memorable, exciting weekend of racing action.”

The weekend’s events will also be a must see event for NASCAR racing fans when former NASCAR driver and Indy Series and NASCAR champion and Stewart-Haas team owner Tony Stewart will get behind the wheel to run in the inaugural Penzoil 150 road course race.

Seven time NASCAR champion Jimmie Johnson is also looking to get behind the wheel of an Indy car for a race on the same weekend.