Indianapolis 500

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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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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Finish Line extends 500 Festival relationship

July 29, 2009
Indianapolis-based Finish Line Inc. has signed a multi-year agreement to extend its title sponsorship of the 500 Festival's 5K race held each May, officials announced today.
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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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Indianapolis 500 movie racing toward big screen

July 6, 2009
Anthony Schoettle
A locally born initiative to make a movie about the first Indianapolis 500 has cleared a major obstacle to getting its project to big screens nationwide by May 2011—in time for the race's centennial.
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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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Indianapolis Motor Speedway is still our 800-pound gorillaRestricted Content

May 11, 2009
Bill Benner
In the big picture of Indianapolis, we should never forget that the Speedway and its events—the Indy 500 in particular—remain the 800-pound gorilla in our little corner 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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50-year employee leaves IMSRestricted Content

April 13, 2009
Bill York, who has worked in the Indianapolis Motor Speedway press room since 1958, is no longer with the Brickyard.
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Izod rolls out Indy Racing clothing lineRestricted Content

March 30, 2009
New York-based Phillips-Van Heusen Corp. will roll out its Izod/Indy race-inspired clothing collection in Macy's stores nationwide in April.
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Former SI editor pens book about first Indianapolis 500Restricted Content

March 9, 2009
Simon & Schuster has hired former Sports Illustrated Executive Editor Charles Leerhsen to write the story of the 1911 race and hopes to have it on bookstore shelves by the race's centennial.
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Movie about first Indy 500 ready for green flagRestricted Content

January 12, 2009
Anthony Schoettle
A local group headlined by the creator of the movies "Hoosiers" and "Rudy" is spearheading an effort to bring the story of the very first Indianapolis 500 to the silver screen.
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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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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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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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  1. to mention the rest of Molly's experience- she served as Communications Director for the Indianapolis Department of Public Works and also did communications for the state. She's incredibly qualified for this role and has a real love for Indianapolis and Indiana. Best of luck to her!

  2. Shall we not demand the same scrutiny for law schools, med schools, heaven forbid, business schools, etc.? How many law school grads are servers? How many business start ups fail and how many business grads get low paying jobs because there are so few high paying positions available? Why does our legislature continue to demean public schools and give taxpayer dollars to charters and private schools, ($171 million last year), rather than investing in our community schools? We are on a course of disaster regarding our public school attitudes unless we change our thinking in a short time.

  3. I agree with the other reader's comment about the chunky tomato soup. I found myself wanting a breadstick to dip into it. It tasted more like a marinara sauce; I couldn't eat it as a soup. In general, I liked the place... but doubt that I'll frequent it once the novelty wears off.

  4. The Indiana toll road used to have some of the cleanest bathrooms you could find on the road. After the lease they went downhill quickly. While not the grossest you'll see, they hover a bit below average. Am not sure if this is indicative of the entire deal or merely a portion of it. But the goals of anyone taking over the lease will always be at odds. The fewer repairs they make, the more money they earn since they have a virtual monopoly on travel from Cleveland to Chicago. So they only comply to satisfy the rules. It's hard to hand public works over to private enterprise. The incentives are misaligned. In true competition, you'd have multiple roads, each build by different companies motivated to make theirs more attractive. Working to attract customers is very different than working to maximize profit on people who have no choice but to choose your road. Of course, we all know two roads would be even more ridiculous.

  5. The State is in a perfect position. The consortium overpaid for leasing the toll road. Good for the State. The money they paid is being used across the State to upgrade roads and bridges and employ people at at time most of the country is scrambling to fund basic repairs. Good for the State. Indiana taxpayers are no longer subsidizing the toll roads to the tune of millions a year as we had for the last 20 years because the legislature did not have the guts to raise tolls. Good for the State. If the consortium fails, they either find another operator, acceptable to the State, to buy them out or the road gets turned back over to the State and we keep the Billions. Good for the State. Pat Bauer is no longer the Majority or Minority Leader of the House. Good for the State. Anyway you look at this, the State received billions of dollars for an assett the taxpayers were subsidizing, the State does not have to pay to maintain the road for 70 years. I am having trouble seeing the downside.

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