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Georges put north-side estate up for sale

 IBJ Staff
September 28, 2009
Keywords
Auto Racing, Indianapolis Motor Speedway, Real Estate & Retail, Residential Real Estate, Sports Business
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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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  1. Many serial killer types and psychopaths work as lowly bureaucrats, just waiting to impose their wrath on a powerless person, child, or pet. Don't forget, the BTK killer was a dog catcher.

  2. If a television station wants to improve viewership, get rid of the local blackout. I was born by the brickyard, and have attended 15 or more races. I have children now, I won't attend unless circumstances are perfect. As those with growing families know, they never are. I'm always impressed that upwards of 250,000 people attend the 500. However, as a growing, or, more apt, sprawling city, Indianapolis and its immediate suburbs count almost 2.2 million. Show the race live, let the venue get a kick-back on revenues, and open-wheel racing might have a fighting chance to be relevant again. Just in time for those tax-payer lights to make sense.

  3. John Moore, I too have had the same issue recently. A property next to my house was on the Land Bank and I was interested in purchasing. When I tried to contact Reggie, I got back emails that had nothing to do with what I asked about. Actually my latest response from him was on this past Friday. I had asked about how to buy the property and if it was still available. His response to me was to contact the mayor's office to get the schedule of his appearances. (???) Hopefully the city is able to do something to fix what this guy has done, it would be nice if they would take the properties back and sell them properly so land owners like me and you mother would have a fair chance.

  4. I too work in the industry, with over 25 years of experience and your political spin has probably nothing to do with any rebranding. "Let's dress it up" would have nothing to do with the government "telling us how and what to eat." Give it a political rest. And being a producer for a radio show doesn't mean you've been involved in advertising and branding for 30 years.

  5. Ms. Morris did not understand the ways of the business world, otherwise, like the IMS, she could have petitioned the State Legislature for a handout of State Funds for her charity work. Ms. Morris should consider becoming a state lobbyist for Lemonade Stand Operators.

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