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Auto Racing
ESPN counting on story lines to sell Indy 500
May 21, 2013
Associated PressThere is no shortage of compelling story lines accompanying Sunday's race, leaving television executives feeling confident
about another bump in viewership this year.
MoreZak Brown turns down IndyCar CEO job
May 14, 2013
Associated PressBrown said he instead will relocate in July to England to continue the growth of his Zionsville-based agency, Just Marketing
International.
MorePence signs $100 million Speedway funding bill
May 10, 2013
Associated PressIndiana Gov. Mike Pence has signed a bill that will provide a $100 million state loan to the Indianapolis Motor Speedway for
planned improvements.
MoreAttorneys rev engines on racing circuits for relaxation
May 1, 2013
Marilyn OdendahlLawyers are traditionally known as hard-chargers, but these Indianapolis attorneys spend their weekends jockeying for position
as pro- and semipro-level auto racers.
MoreSpeedway state funding plan approved by lawmakers
April 27, 2013
Associated PressThe Indianapolis Motor Speedway could get $100 million in state assistance for planned improvements under a plan approved
by Indiana legislators.
MoreLocal racing team on verge of calling it quits after 500
April 26, 2013
IBJ Staff and Associated PressCarmel-based Panther/Dreyer & Reinbold Racing, a company that was in expansion mode as little as two years ago, plans
to close shop after the Indy 500 if it can't find a new sponsor.
MoreLawmakers forge deal to help Indianapolis Motor Speedway
April 26, 2013
The Statehouse FileThe plan authorizes the state to loan the Speedway $100 million—money it will borrow through bonds—to make the grandstands
more accessible to people with disabilities and to install lights for night races.
MoreMarketing firm's founder mulls top IndyCar job, company sale
April 19, 2013
Anthony SchoettleSpire Capital Partners has put its 50-percent stake in Zionsville-based Just Marketing International on the market, as the
company's founder, Zak Brown, reportedly mulls accepting an offer to be CEO of the IndyCar racing series.
MoreOfficials express confidence in Indy 500 security plan
April 16, 2013
Associated PressIndianapolis Motor Speedway officials and Indiana State Police feel good about their security plan for this year's Indy
500 and won't remove trash cans from the track in response to deadly blasts at the Boston Marathon.
MorePlan would shift money from horse racing to auto racing
April 9, 2013
The Statehouse FileThe move—debated Monday in the Indiana House Ways and Means Committee—is meant to subsidize upgrades at the Indianapolis
Motor Speedway and make low-interest loans available to other auto tracks and businesses across the state.
MoreIndy Motor Speedway to charge for infield parking spots
March 25, 2013
Associated PressPasses for parking inside the third turn for the Indianapolis 500 and Brickyard 400 NASCAR race went on sale Monday. Front-row
parking spaces cost $75 while additional general parking spaces will sell for $25.
MoreSpeedrome gains momentum with sponsorship deals
March 20, 2013
Anthony SchoettleAt a time when sports sponsorships in general and motorsports sponsorships in particular aren't easy to score, the 72-year-old
Speedrome has announced five such pacts in the last month.
MoreDaytona 500 gets green light despite horrific accident
February 23, 2013
Associated PressDaytona International Speedway President Joie Chitwood said the track will "be ready to go racing" in time for Sunday's Daytona
500, following an accident Saturday that injured fans and drivers.
MoreSenate OKs Indianapolis Motor Speedway funding plan
February 19, 2013
Associated PressA plan providing up to $100 million in state funding toward improvements at the Indianapolis Motor Speedway has won approval
from the Indiana Senate.
MoreLongtime Indianapolis Motor Speedway exec departing for Austin track
February 16, 2013
Mel Harder had been with the Speedway for 22 years, most recently overseeing operations and facilities management for the
famed Brickyard.
MoreBill to support Speedway with state taxes passes committee
February 14, 2013
Anthony SchoettleThe Indiana Senate Appropriations Committee on Thursday morning unanimously passed a bill that would capture state tax money
generated at the Indianapolis Motor Speedway and give it back to the track to improve the facility.
MoreSpeedway businesses eye gains from IMS upgrade
February 11, 2013
IBJ StaffNearby businesses hope upgrades to the Indianapolis Motor Speedway from a proposed state taxing district would pave the way
for additional offerings at the venue, including night racing.
MoreSpeedway agrees to major overhaul in ADA settlement
January 10, 2013
Scott OlsonThe Indianapolis Motor Speedway will make millions of dollars in updates to settle a Department of Justice investigation that
found more than 360 violations of federal disability law.
More2012 NEWSMAKER: Miles adds to diverse business, sports career
December 28, 2012
IBJ StaffVeteran executive Mark Miles now has one of the most difficult jobs in sports—putting open-wheel racing on sound financial
footing.
MoreDeal to save racing show had many twists, turns
December 8, 2012
Anthony SchoettleIn a matter of a few months, operators of the Performance Racing Industry show and its upstart rival, the International Motorsports
Industry Show, went from being bitter rivals to merging—a deal that will return the world’s largest motorsports
trade show to Indianapolis next December.
MoreIndyCar releases Lotus from engine-supply contract
December 7, 2012
Associated PressIndyCar has released Lotus from its contract, leaving Chevrolet and Honda as the only two engine suppliers for the upcoming
season.
MoreStudy: Motorsports industry contributes 23,000 jobs
December 6, 2012
Scott OlsonPurdue University says jobs created by the racing sector in Indiana pay an average annual wage of nearly $63,000, well above
the $39,700 state average.
MoreMiles faces tough challenge in reversing IndyCar's fortunes
November 24, 2012
The new CEO of Hulman & Co. gets an early vote of confidence from sponsors of open-wheel racing.
MoreSpeedway, IndyCar owner names Miles as new CEO
November 20, 2012
Hulman & Co., which owns Indianapolis Motor Speedway and the IndyCar series, has chosen board member and local economic
development leader Mark Miles as its new CEO, the firm announced Tuesday morning.
MoreBelskus to serve as interim IndyCar CEO after Bernard's exit
October 28, 2012
IBJ Staff and Associated PressJeff Belskus, the president of Indianapolis Motor Speedway, and the president and CEO of Hulman & Co., will step in as
interim CEO of the IndyCar Series, replacing Randy Bernard.
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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.
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.
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.
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.
David Copperfield!