By Alexa Ball
The Daytona 500 was postponed due to heavy rain Sunday, according to Sports Illustrated .
The Daytona 500 will now be held Monday at noon and aired on Fox, Sports Illustrated said.
This is the first time the race has been rescheduled in its 54-year history, Fox News said.
The forecast for the new time holds has a gloomy outlook, there is a 70 percent chance of thunderstorms and the race could start as late as Monday evening Fox News said.