Auto Racing

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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IRL loses public relations vice president, Speedway hires first-ever CIO

November 28, 2009
 IBJ Staff
Race track's new chief information officer previously worked at NCAA, Indianapolis Museum of Art.
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Speedway breaks ground on redevelopment project

November 19, 2009
Scott Olson

Speedway officials broke ground Thursday morning on the first phase of a $500 million redevelopment project they hope will transform the small town into a year-round racing-themed destination.

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Mayor's European mission focusing on motorsports industry

November 16, 2009
A delegation of business and community leaders led by Indianapolis Mayor Greg Ballard departed for Europe Nov. 14 on a nine-day economic development mission to help grow the city’s motorsports industry.
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Sarah Fisher extends sponsorship deal with AAA

November 14, 2009
 IBJ Staff
Izod IndyCar Series driver Sarah Fisher recently renewed her contract with AAA Hoosier Insurance. AAA will continue to be a personal sponsor of Fisher and will remain an associate sponsor on Fisher’s No. 67 car for the 2010 and 2011 Indianapolis 500s.
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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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  1. Uh, sorry Johnnie, but you are incorrect. Despite the assertions by yourself and various defenders and captains, sports attendance is NOT off significantly at most sporting events in the US. Variances in attendance has been in the range of single digits, both + & - for years now. MLB has had most of its best overall attendance nubers in the last decade, and that trend has been consistent for most major sporting events. The number one issue cited by most fans when asked about attendance is the overall cost of attending. The presence of HD and big screen televisions in home doesn't even register, as a factor for not attending an event. VALUE in the product is the key, and apparently is something lacking in the current ICS. What other explanation is there when with what is routinely touted as the "best" racing on the planet, fans are staying away in DROVES. A "close" title battle into the last event at Fontana, with the "cars and stars" of the ICS, and who showed up? MAYBE 8K. Sorry, but HD TV isn't to blame for that kind of fan apathy.

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