Residential Real Estate and Indianapolis Motor Speedway and Auto Racing and Real Estate & Retail and Sports Business

Georges put north-side estate up for sale

September 28, 2009

Tony George and his wife, Laura, have put up for sale their 12-acre, wooded estate at 8030 Spring Mill Road on the north side of Indianapolis.

Tony George was CEO of the Indianapolis Motor Speedway before his ouster in June. He and Laura also own Vision Racing, an Indy Racing League team.

 “They’re just trying to downsize at this point,” said Heather Carpenter, a daughter-in-law who is handling the property. She said the last of three children went off to college this fall, causing the Georges to consider moving to a smaller home.

A for-sale sign went up in front of the property Friday.

Carpenter would not divulge how much the Georges are asking for the property, which has not yet been formally listed, but said it is “definitely under $10 million.” The property features a 14,000-square-foot main residence, as well as a cottage, horse barn and pond.
 

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