Auto Racing

Speedway cuts 40 employees in latest cost-saving move

November 12, 2009
Scott Olson
A source at Indianapolis Motor Speedway said IMS laid off 40 employees Wednesday, mostly from its human resources department, in a cost-saving move.
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Telecom supplier Telamon hopes to 'ignite' racing industry

November 6, 2009
Scott Olson
Carmel-based Telamon Corp. rose to become one of the largest minority-owned businesses in the area largely by serving telecommunications giants. Now it is veering off its traditional course to supply racing teams with an ethanol-based fuel made from Indiana corn.
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Sales of luxury suites slow at most Indianapolis sports venues

October 17, 2009
Anthony Schoettle
Ten years ago, the Indiana Pacers sold out their 69 Conseco Fieldhouse suites and the Indianapolis Motor Speedway barely touched a phone to sell its 120 luxury boxes. But entertaining at luxury suites is out of vogue now, thanks to the recession and companies keeping a closer eye on spending.
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Georges put north-side estate up for sale

September 28, 2009
 IBJ Staff
Tony George and his wife, Laura, have put up for sale their 12-acre, wooded estate at 8030 Spring Mill Road on the north side of Indianapolis.
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Influential team owner thinks hot rod group should move HQ from California to BrownsburgRestricted Content

September 26, 2009
Anthony Schoettle
A meeting between high-level National Hot Rod Association executives—including NHRA President Tom Compton—and Gov. Mitch Daniels and members of the Indiana Economic Development Corp. has fueled speculation that the drag racing group might be looking to significantly expand its presence here.
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Radio veteran Morgan jumps to Emmis from IMS

August 26, 2009
Anthony Schoettle
Long-time radio veteran Charlie Morgan is leaving his post heading up broadcasting for Indianapolis Motor Speedway and Indy Racing League to lead Emmis Communications Corp. radio stations in Indianapolis.
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New Speedway boss Jeff Belskus: 'We do face some challenges'Restricted Content

August 10, 2009
Anthony Schoettle
New Speedway leader Jeff Belskus speaks with IBJ about his new job and the near-term challenges and long-term future of the operations he oversees.
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Indianapolis Motor Speedway CEO takes over at difficult timeRestricted Content

August 10, 2009
Anthony Schoettle
New Indianapolis Motor Speedway CEO Jeff Belskus has long been a behind-the-scenes figure at IMS. As the new leader of the Brickyard and the Indy Racing League, he faces several challenging issues, including gaining the confidence of the racing community.
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Allstate ends Brickyard 400 sponsorship

July 27, 2009
Anthony Schoettle
Allstate Corp. is ending its five-year run as the lead sponsor of the Allstate 400 at the Brickyard NASCAR race in Indianapolis, company officials said today. The announcement comes after this year’s race at Indianapolis Motor Speedway suffered a 20-percent attendance drop from last year’s event.
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BENNER: Time for some perspective on Tony George's legacyRestricted Content

July 13, 2009
Bill Benner
Reports of a Hulman-George family feud proved dead-on accurate when matriarch Mari Hulman-George issued a statement June 30 confirming the ouster of her son, Tony, as CEO of the Indianapolis Motor Speedway and the family business empire. Shortly thereafter, Tony George also resigned as CEO of the Indy Racing League.
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Tony George's successor might trade tradition for revenueRestricted Content

July 6, 2009
Anthony Schoettle
A management shake-up at the Indianapolis Motor Speedway has some in the motorsports industry thinking major changes could be on the horizon at the fabled race venue—maybe as soon as next year.
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IRL signs two new sponsorsRestricted Content

June 22, 2009
 IBJ Staff
California-based DB Schenker is the official freight logistics sponsor of the IRL, and South Carolina-based Kymco USA is the official scooter and off-road utility vehicle of the IRL and Firestone Indy Lights.
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Greatest Spectacle has highs, lowsRestricted Content

June 1, 2009
Bill Benner
I went away after the Indianapolis 500 once again convinced I'd experienced the Greatest Spectacle in Racing, but I didn't view the race with a critical eye like my pal Robin Miller did.
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F1 team picks Charlotte for new headquartersRestricted Content

May 4, 2009
Scott Olson
A decision by a startup Formula One team to set up shop in Charlotte, N.C., is fueling debate over whether Indianapolis still is the self-proclaimed "motorsports capital of the world."
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George gives IRL four years to break even ... or elseRestricted Content

May 4, 2009
Anthony Schoettle
Indy Racing League founder Tony George dropped a bombshell in December when he told an industry group that he would shut down the open-wheel series if it didn't break into the black soon.
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IRL sees progress in TV ratingsRestricted Content

April 27, 2009
The Grand Prix at Long Beach April 19 scored a 0.5 TV rating for the Indy Racing League, according to New York-based Nielsen Media Research. That's the same rating the race earned last year on ESPN 2 when it was the swan song for CART.
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IRL, Hot Wheels work on dealRestricted Content

January 26, 2009
Indy Racing League officials are finalizing a deal with Mattel's Hot Wheels to roll out a line of replica open-wheel cars this spring.
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Speedway, IRL make staff cutsRestricted Content

January 5, 2009
Troubles this year for the Indy Racing League and the Indianapolis Motor Speedway--which led to layoffs in December--started with a NASCAR event.
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BSU football scores record TV ratings, attendance boostRestricted Content

December 15, 2008
The Ball State University victory over Central Michigan University Nov. 19, televised live on ESPN2 and seen in more than 1.6 million homes, ranks as the most-viewed and highest-rated college football game ever for a Tuesday or Wednesday night on the network.
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IRL's Danica Patrick tops most-searched list on WebRestricted Content

December 8, 2008
Indy Racing League driver Danica Patrick topped golfer Tiger Woods, quarterback Tom Brady and Super Bowl champion Eli Manning as the most searched-for athlete in 2008, according to America Online's annual list of top Web, mobile and video searches.
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Siegel's NASCAR future in doubt after mergerRestricted Content

November 24, 2008
Anthony Schoettle
Chip Ganassi's NASCAR team is teaming with Dale Earnhardt Inc. where Max Siegel has served as president of global operations since early 2007, and the former Baker & Daniels attorney may be among many laid off in the merger.
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Overshadowed by Patrick, Fisher fights to keep racingRestricted Content

May 12, 2008
Anthony Schoettle
A group of motorsports journalists stood open-mouthed along the wall of the Texas Motor Speedway in 1999 as they watched 19-year-old Sarah Fisher, fresh from the sprint car and dirt track circuits, zip past veteran open-wheel racers Buddy Lazier and Billy Boat. What happened to Fisher over the next nine years is equally amazing--and mystifying--to those same motorsports experts who watched her in Texas.
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Open-wheel reunion creating more business opportunitiesRestricted Content

March 3, 2008
Anthony Schoettle
In the end, the catastrophic sponsorship shift from open-wheel racing to NASCAR became too much to ignore, driving the long-divided sides of Champ Car and the Indy Racing League back into a unified series.
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Speedway shows popular on Joost Web networkRestricted Content

February 4, 2008
Anthony Schoettle
Shows provided by IMS Productions, the video production arm of Indianapolis Motor Speedway, are among the top draws for Joost, a high-profile Internet provider of television content launched last October.
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IRL widens advertising baseRestricted Content

October 29, 2007
Anthony Schoettle
The Indy Racing League will roll out category sponsorship deals with soft drink, energy drink and motor oil brands in the next two months. IRL officials declined to divulge which companies the deals are with, but said each are multiyear, multimillion-dollar deals.
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