Auto Racing

Penske signs deal with Shell to sponsor three Indy Racing League drivers

April 24, 2010
 IBJ Staff
The new deal includes associate sponsorship of Penske’s Indy Racing League drivers Helio Castroneves, Will Power and Ryan Briscoe.
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Impact Racing reaches agreement over safety labels

April 1, 2010
Kathleen McLaughlin
Bill Simpson's Impact Racing LLC reached an agreement Thursday with an industry-certification group that will allow the company to continue selling race car safety gear made this year and last.
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Impact Racing accused of counterfeiting safety labels

April 1, 2010
Kathleen McLaughlin
A group that sets standards for motorsports equipment intends to yank its approval of gear produced by Impact Racing, the Brownsburg company owned by industry pioneer Bill Simpson, amid allegations of counterfeiting.
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Formula One boss eyes New York for grand prix

March 25, 2010
 IBJ Staff and Associated Press
Bernie Ecclestone appears to be interested in widening the racing series' reach in the U.S., with recent negotiations to return to Indianapolis and now wishing aloud for a New York-based grand prix.
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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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  1. Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.

  2. Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.

  3. I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.

  4. The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.

  5. I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!

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