Auto Racing

Speedway agrees to major overhaul in ADA settlement

January 10, 2013
Scott Olson
The 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.
More

2012 NEWSMAKER: Miles adds to diverse business, sports career

December 28, 2012
 IBJ Staff
Veteran executive Mark Miles now has one of the most difficult jobs in sports—putting open-wheel racing on sound financial footing.
More

Deal to save racing show had many twists, turnsRestricted Content

December 8, 2012
Anthony Schoettle
In 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.
More

IndyCar releases Lotus from engine-supply contract

December 7, 2012
Associated Press
IndyCar has released Lotus from its contract, leaving Chevrolet and Honda as the only two engine suppliers for the upcoming season.
More

Study: Motorsports industry contributes 23,000 jobs

December 6, 2012
Scott Olson
Purdue 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.
More

Miles faces tough challenge in reversing IndyCar's fortunesRestricted Content

November 24, 2012
The new CEO of Hulman & Co. gets an early vote of confidence from sponsors of open-wheel racing.
More

Speedway, 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.
More

Belskus to serve as interim IndyCar CEO after Bernard's exit

October 28, 2012
 IBJ Staff and Associated Press
Jeff 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.
More

Bernard ousted as CEO of IndyCar, sources say

October 26, 2012
Anthony Schoettle
IndyCar Series owners have fired CEO Randy Bernard, sources familiar with the situation told IBJ on Friday afternoon. IndyCar officials are denying the firing.
More

George cites conflict of interest in resigning from Hulman board

October 19, 2012
Associated Press
IndyCar founder Tony George resigned Friday from the Hulman & Co. board of directors, citing a conflict of interest in his recent attempt to reacquire the series.
More

George reportedly submits offer to buy IndyCar

October 12, 2012
Anthony Schoettle
Tony George has offered a seven-figure cash proposal to take over operations and assume future losses for the IndyCar Series.
More

IndyCar denies getting offer from George to buy series

October 1, 2012
Scott Olson
The Sports Business Journal is reporting that former Indianapolis Motor Speedway CEO Tony George has assembled an investor group that includes race team owners Chip Ganassi, Roger Penske, Michael Andretti and Kevin Kalkhoven to buy the IndyCar Series.
More

Founder of Hoosier Racing Tire dies at 85

September 28, 2012
Associated Press
Robert Newton, 85, the founder of northern Indiana-based Hoosier Racing Tire, which made tires for NASCAR and other racing series, has died.
More

IndyCar exploring tire options beyond Firestone

September 25, 2012
Associated Press
IndyCar said Tuesday it is exploring partnerships with tire manufacturers besides Bridgestone Firestone, which has been the sole supplier for the series and under contract through the 2014 season.
More

IndyCar may return open-wheel racing to Pocono

September 25, 2012
Anthony Schoettle
The 2013 IndyCar Series schedule could include a date at Pocono Raceway in Long Pond, Pa., a traditional NASCAR stronghold that hasn’t hosted an open-wheel race in 23 years.
More

Rain threatens weekend activities, including big NHRA race

August 30, 2012
Scott Olson
Officials say they hope the aftermath of Hurricane Isaac won't force them to postpone weekend festivities at Lucas Oil Raceway. Another big weekend event, Rib Fest America at Military Park, will be held rain or shine, promoters say.
More

Kellogg's rolls out IndyCar-branded cereal nationwideRestricted Content

August 18, 2012
Anthony Schoettle
Direct-to-consumer marketing of star drivers could be just what the series needs to boost interest, TV ratings.
More

Brickyard 400 profitable despite falling crowds, experts say

July 30, 2012
Anthony Schoettle
Despite sharp attendance declines in recent years at the Brickyard 400, the NASCAR event remains hugely profitable for the Indianapolis Motor Speedway, motorsports industry experts say.
More

Lotus may leave IndyCar one year into five-year deal

July 27, 2012
Anthony Schoettle
Group Lotus Plc is considering leaving the IndyCar Series as an engine supplier at the end of this season—its first as a part of a five-year deal it signed last year to supply turbo engines to IndyCar teams.
More

MORRIS: Young racers aspire to big league

July 14, 2012
Greg Morris
USAC’s quarter-midget racing is a popular sport worth your attention.
More

IndyCar seeks presenting sponsor, bigger schedule

July 3, 2012
Anthony Schoettle
IndyCar Series officials have approached two of its existing sponsors, Verizon Wireless and Firestone, about becoming the open-wheel race series’ presenting sponsor, a deal motorsports business experts said could be worth $3 million annually.
More

IndyCar cancels China race, scrambles for replacement

June 13, 2012
Anthony Schoettle
Series now needs another race to fulfill sponsor agreements. Sources say a replacement race at Pocono Raceway or Elkhart Lake, Wis., is possible.
More

Racing simulator lands real tax break for two-seatersRestricted Content

June 9, 2012
Legislature agreed to extend to Indy Racing Experience the same sales-tax exemption enjoyed by race teams.
More

Reports of owner discord circulate around IndyCar CEO Bernard

May 31, 2012
Associated Press
A Speed.com report claims IndyCar founder Tony George and a handful of team owners are behind a charge to have Randy Bernard fired. Also listed were team owners John Barnes, Kevin Kalkhoven, Michael Andretti and his father, Mario.
More

Franchitti earns nearly $2.5 million for Indy 500 win

May 29, 2012
Associated Press
Dario Franchitti landed $2,474,280 from an overall purse of $13,285,815 for Sunday's victory. The four-time series champion from Scotland became just the 10th driver to win IndyCar's signature event at least three times.
More
Page  << 1 2 3 4 5 6 7 8 9 10 >> pager
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
ADVERTISEMENT