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Auto Racing
Zak 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.
MoreBernard ousted as CEO of IndyCar, sources say
October 26, 2012
Anthony SchoettleIndyCar Series owners have fired CEO Randy Bernard, sources familiar with the situation told IBJ on Friday afternoon.
IndyCar officials are denying the firing.
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Steak and Shake USED to be a good place to eat, but the now empty parking spaces tell the story of Poor Service, Declining quality of food and just more gimmicks and rear cooking....I used to be a customer, but no more...won't be back...to many other Good Places to eat in INDY...
This man has continued to destroy the Steak and Shake brand. Did he not learn from the sins of owners past. The SNS logo and Brand are strong, I cant understand why he wants to destroy the brand other than to satisfy his big ego.This will turn out to be a big mistake. Sleek new look for a traditional product..makes no logical sense
I mean REALLY!!! What's next taking away the Burger King's crown, turn the golden arches into silver columns? No I know let's get Wendy a pink mohawk.
A couple of thoughts on some of the information presented here from someone with a bit of experience in this area: First, Does anyone remember a time in the past 35 years when insurance premiums DIDN'T increase? They increase every year. The more rigorous rate review requirements of the Affordable Care Act (effective in 2011) have likely caused those increases to moderate as they have averaged below 10% for the past few years, down from much higer averages in prior years. Second, Oregon will operate a state-based Exchange. Recently, they were one of the first states to release their proposed (not yet reviewed by regulators)premium rates -- our first view of Exchange rates. After 2 insurers saw their competitors' rates, they pulled theirs back and re-submitted LOWER rates. In my nearly 10 years as a state insurance regulator, and two years as a federal regulator, I don't ever recall an insurer voluntarily lowering its rates. THAT'S the kind of transparency and competition the online marketplaces (Exchanges) will bring about. 3) ...and this is just a random thought: A big concern among health policy experts is the capacity of the primary care provider community to handle the happy fact that a large number of individuals will be newly-insured under the Affordable Care Act. With the system being stretched so thin for INSURED individuals, It seems highly doubtful that more than a very few "cash-and-carry" physicians will be able to survive in the new, improved healthcare system. Sally McCarty Center on Health Insurance Reform Georgetown University Health Policy Institute
liek the rest of America