The remnants of what was Hurricane Francine will be located over Arkansas on Friday, and slowly meander around Mississippi and West Tennessee through the weekend. This will place Nashville Superspeedway in a very moist pattern, with a southerly flow of moisture from the Gulf of Mexico feeding into Middle Tennessee all weekend. Rain bands on the outer extent of the low pressure system will bring periods of rain at the track on Saturday, and there will likely be significant delays or cancellations to the on track action for INDY NXT and INDYCAR practice and qualifying. Rain amounts on Saturday are expected to be between a half inch and one inch. A thunderstorm will be possible, but the chance of one is low as coverage of storms in Middle Tennessee is expected to be isolated.
On Sunday, the low pressure system will weaken and drift slightly to the west, and high pressure over New England will build southward. The outer rain bands may shift a little to the west, which may result in more dry time at the track. There is uncertainty with where these rain bands will be located on Sunday. The best case scenario is that the high pressure system is strong enough to push those bands west of the track, and the afternoon hours are mostly dry. The worst case scenario is that the high doesn't build in enough, and rain bands set up over the track again, like Saturday. Expected rain amounts on Sunday are between a quarter and a half inch, but that will depend on where those rain bands set up.
I really wish I had better news about the weather, as I'll be attending the race. I will try to post some radar and weather updates from the track at our X account, @RacecastWx.