Auto Racing

Speedway, F1 discussing race's return to Indianapolis

March 15, 2010
Scott Olson
Officials from the Indianapolis Motor Speedway and Formula One say they're in discussions to bring a Formula One race back to the city. F1 left the city in 2007 after an eight-year run.
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Indy Racing League still trying to turn a profitRestricted Content

March 13, 2010
Anthony Schoettle
Terry Angstadt, who oversees the Indy Racing League’s commercial division, thinks the series could break even in 2011 and be profitable by 2012 despite myriad challenges facing open-wheel racing.
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Local motorsports marketing firm eyeing Asia

March 3, 2010
Just Marketing International in Zionsville plans to establish a presence in either Singapore or Hong Kong this year, to bolster its global presence.
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Local racing-simulator firm declares bankruptcy

March 2, 2010
Anthony Schoettle
Indianapolis-based Interactive Motorsports and Entertainment Corp., which went public in 2002, has filed for Chapter 11 reorganization.
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Local marketing firm inks deal with Jeff Gordon

February 15, 2010
Anthony Schoettle
Just Marketing International signs NASCAR star Jeff Gordon to a contract sports business experts say is a multimillion dollar deal for the local firm.
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Patrick's stock-car foray wins sponsor big-dollar exposure

February 12, 2010
Anthony Schoettle
Danica Patrick's initial thrust into stock-car racing earned her sponsor $230,000 in media exposure, according to a research firm. Her next race on Feb. 13 should generate much more.
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Bull-riding boss takes reins of Indy Racing League

February 2, 2010
The CEO of the Professional Bull Riders Association has accepted an offer to lead the Indy Racing League. The IRL has been without a leader since Tony George was ousted last summer as boss of the Indianapolis Motor Speedway.
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Tony George folds racing team, dismisses staff

January 28, 2010
Anthony Schoettle
Unable to raise the $1.5 million to $3 million needed to operate an Indy Racing League team this year, Tony George folded Vision Racing this morning.
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Bull-riding CEO mulling offer to lead IRL

January 28, 2010
Anthony Schoettle
Indy Racing League goes outside racing circles to look for new CEO. Professional Bull Riders Association boss offered job to replace Tony George.
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Tony George resigns from Speedway, IRL board

January 19, 2010
Anthony Schoettle
His resignation removes George from any remaining role in Hulman & Co., Indianapolis Motor Speedway, IMS Productions and other affiliated companies.
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Indy Racing League vice president resigns

January 16, 2010
 IBJ Staff
Tony Cotman, 42, has vacated his post as Indy Racing League vice president of competition.
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Indianapolis Motor Speedway negotiating deal with Levy Restaurants

January 16, 2010
 IBJ Staff
The Chicago-based firm might take over food service at the Speedway as IMS continues to look for opportunities to outsource.
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Tony George ousted after nearly 20 years leading IMS

December 26, 2009
Anthony Schoettle
Faced with the need to save money, the six-member board of the IMS and IRL voted on May 26 to replace George.
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Racing industry trade shows won't conflict in 2010

December 19, 2009
 IBJ Staff
The Performance Racing Industry Show has set its 2010 dates for Dec. 9-11. That means the International Motorsports Industry Show held in Indianapolis will have Dec. 1-3 to itself.
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Camaro to pace Indianapolis 500 again

December 18, 2009
Anthony Schoettle
The 2010 Chevrolet Camaro SS will be the official pace car for next May's Indianapolis 500. It'll be the sixth time a Camaro has paced the race.
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Speedway slashes schedule of May activities

December 15, 2009
Anthony Schoettle
Belt tightening for the Indianapolis Motor Speedway and Indy Racing League continues with the much-anticipated announcement that the Brickyard's "month of May" activities will be shortened in 2010.
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Fledgling motorsports show growing faster than expectedRestricted Content

December 12, 2009
Anthony Schoettle
The show held in Indianapolis Dec. 3-4 is picking up speed much faster than event organizers and local convention and tourism officials expected. But the nation’s biggest motorsports trade show, Performance Racing Industry Show, is considering competing with the local show head-on in 2010.
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Danica Patrick's NASCAR move could fuel MainGate growth

December 12, 2009
 IBJ Staff
MainGate holds an exclusive license to make and sell Patrick’s IRL-centric merchandise, and is now in negotiations with New York-based IMG to get part of her NASCAR-related business.
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Danica Patrick reaches NASCAR deal, source says

December 7, 2009
Associated Press
Last week, Patrick signed a three-year contract extension with Andretti Autosport to stay in the IndyCar series, but its schedule gives her enough time to also try NASCAR.
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Motorsports industry show to stay here through 2015

December 5, 2009
 IBJ Staff
The inaugural show opened Dec. 2 at the Indiana Convention Center, and is expected to draw more than 10,000 attendees.
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Sarah Fisher Racing triples size of race shop on city's west side

December 5, 2009
 IBJ Staff
The team moved just a few suites down from its Park 100 facility, but officials said it’s a big move for the Indianapolis-based Indy Racing League operation.
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IRL loses public relations vice president, Speedway hires first-ever CIO

November 28, 2009
 IBJ Staff
Race track's new chief information officer previously worked at NCAA, Indianapolis Museum of Art.
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Speedway breaks ground on redevelopment project

November 19, 2009
Scott Olson

Speedway officials broke ground Thursday morning on the first phase of a $500 million redevelopment project they hope will transform the small town into a year-round racing-themed destination.

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Mayor's European mission focusing on motorsports industry

November 16, 2009
A delegation of business and community leaders led by Indianapolis Mayor Greg Ballard departed for Europe Nov. 14 on a nine-day economic development mission to help grow the city’s motorsports industry.
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Sarah Fisher extends sponsorship deal with AAA

November 14, 2009
 IBJ Staff
Izod IndyCar Series driver Sarah Fisher recently renewed her contract with AAA Hoosier Insurance. AAA will continue to be a personal sponsor of Fisher and will remain an associate sponsor on Fisher’s No. 67 car for the 2010 and 2011 Indianapolis 500s.
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