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Indianapolis Motor Speedway
Indy 500 fans will find track security tighter this year
May 24, 2013
Associated PressFans coming to the Indianapolis Motor Speedway for this weekend's Indy 500 will notice some changes in the traditional
routine in response to last month's bombing at the Boston Marathon.
MoreESPN counting on story lines to sell Indy 500
May 21, 2013
Associated PressThere is no shortage of compelling story lines accompanying Sunday's race, leaving television executives feeling confident
about another bump in viewership this year.
MorePence signs $100 million Speedway funding bill
May 10, 2013
Associated PressIndiana Gov. Mike Pence has signed a bill that will provide a $100 million state loan to the Indianapolis Motor Speedway for
planned improvements.
MoreSpeedway state funding plan approved by lawmakers
April 27, 2013
Associated PressThe Indianapolis Motor Speedway could get $100 million in state assistance for planned improvements under a plan approved
by Indiana legislators.
MoreSpeedway's Speed Zone redevelopment project in high gear
April 27, 2013
Anthony SchoettleSome goals have been realized, while others are moving through the pipeline.
MoreLocal racing team on verge of calling it quits after 500
April 26, 2013
IBJ Staff and Associated PressCarmel-based Panther/Dreyer & Reinbold Racing, a company that was in expansion mode as little as two years ago, plans
to close shop after the Indy 500 if it can't find a new sponsor.
MoreLawmakers forge deal to help Indianapolis Motor Speedway
April 26, 2013
The Statehouse FileThe plan authorizes the state to loan the Speedway $100 million—money it will borrow through bonds—to make the grandstands
more accessible to people with disabilities and to install lights for night races.
MoreMarketing firm's founder mulls top IndyCar job, company sale
April 19, 2013
Anthony SchoettleSpire Capital Partners has put its 50-percent stake in Zionsville-based Just Marketing International on the market, as the
company's founder, Zak Brown, reportedly mulls accepting an offer to be CEO of the IndyCar racing series.
MoreOfficials express confidence in Indy 500 security plan
April 16, 2013
Associated PressIndianapolis Motor Speedway officials and Indiana State Police feel good about their security plan for this year's Indy
500 and won't remove trash cans from the track in response to deadly blasts at the Boston Marathon.
MoreHouse OKs IMS bill, despite dispute over funding source
April 15, 2013
The Statehouse FileA bill to help pay for $100 million in improvements at the Indianapolis Motor Speedway passed the House on Monday—but
only on its second try, as some lawmakers expressed frustration about tapping horse racing money for the projects.
MorePlan would shift money from horse racing to auto racing
April 9, 2013
The Statehouse FileThe move—debated Monday in the Indiana House Ways and Means Committee—is meant to subsidize upgrades at the Indianapolis
Motor Speedway and make low-interest loans available to other auto tracks and businesses across the state.
MoreMiles hits throttle on overhaul for IndyCar, IMS
March 30, 2013
Anthony SchoettleHulman & Co. CEO Mark Miles is revving up an ambitious plan to overhaul the IndyCar Series and Indianapolis Motor Speedway
management team. He wants to develop a revenue-sharing plan that assures the series and the tracks that host its races are
motivated to roll in the same direction.
MoreIndy Motor Speedway to charge for infield parking spots
March 25, 2013
Associated PressPasses for parking inside the third turn for the Indianapolis 500 and Brickyard 400 NASCAR race went on sale Monday. Front-row
parking spaces cost $75 while additional general parking spaces will sell for $25.
MoreSenate OKs Indianapolis Motor Speedway funding plan
February 19, 2013
Associated PressA plan providing up to $100 million in state funding toward improvements at the Indianapolis Motor Speedway has won approval
from the Indiana Senate.
MoreTax break would barely put dent in Speedway's to-do list
February 16, 2013
Anthony SchoettleThe Indianapolis Motor Speedway will need far more money than it will get from a proposed state tax subsidy if it hopes to
be in the top tier of U.S. racing venues, sports business experts said.
MoreBENNER: Think of Speedway's tax push as a request for reimbursement
February 16, 2013
Bill BennerI don't begrudge the Speedway asking for help. But will there be additional return on investment?
MoreLongtime Indianapolis Motor Speedway exec departing for Austin track
February 16, 2013
Mel Harder had been with the Speedway for 22 years, most recently overseeing operations and facilities management for the
famed Brickyard.
MoreBill to support Speedway with state taxes passes committee
February 14, 2013
Anthony SchoettleThe Indiana Senate Appropriations Committee on Thursday morning unanimously passed a bill that would capture state tax money
generated at the Indianapolis Motor Speedway and give it back to the track to improve the facility.
MoreSpeedway businesses eye gains from IMS upgrade
February 11, 2013
IBJ StaffNearby businesses hope upgrades to the Indianapolis Motor Speedway from a proposed state taxing district would pave the way
for additional offerings at the venue, including night racing.
MoreIMS seeks state help for $70M in upgrades
February 9, 2013
IBJ StaffA state senator plans to introduce a bill creating an Indiana Motorsports Investment District that would capture state sales,
income and corporate taxes for future investment in the Speedway.
MoreSpeedway agrees to major overhaul in ADA settlement
January 10, 2013
Scott OlsonThe 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.
More2012 NEWSMAKER: Miles adds to diverse business, sports career
December 28, 2012
IBJ StaffVeteran executive Mark Miles now has one of the most difficult jobs in sports—putting open-wheel racing on sound financial
footing.
MoreNew Hulman & Co. CEO eyes changes to resurrect open-wheel racing
December 8, 2012
Anthony SchoettleNew Hulman and Co. CEO Mark Miles will focus in his new role on all of Hulman & Co.’s ventures—including real
estate holdings and Clabber Girl. But his biggest challenge will be turning around the money-losing IndyCar Series and bolstering
one of the region’s most famous landmarks—the Indianapolis Motor Speedway.
MoreStudy: Motorsports industry contributes 23,000 jobs
December 6, 2012
Scott OlsonPurdue 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.
MoreMiles faces tough challenge in reversing IndyCar's fortunes
November 24, 2012
The new CEO of Hulman & Co. gets an early vote of confidence from sponsors of open-wheel racing.
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Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.
Yes. Blame those who were too lazy to go vote Obama out and those who voted him in again. That's my take on it. I know folks won't get it on the left. OK. Start berating me now!
Serioulsy, people are AGINST this project? Most communities would be salivating over a project like this. You'd rather have an empty eye-sore gas station and shacks posing as apartments? This project is exactly what BR needs. BUILD IT MR MAYOR. And yes, I am a BR resident, and have been for 20 years.
As a St. Vincent employee of over 20 years, I am saddened and disheartened by this announcement. Unfortunately, as the healthcare "industry" continues on this political and corporate path, all that St. Vincent Hospital has stood for spiritually for its employees and this community is being sucked dry. I know it truly has no choice. It is not just Obamacare or just competition or just any single thing. This trend started long before I was even born when the government became involved in healthcare and it became an "industry." I grieve for those who will lose their jobs, one of whom may be me, but I also grieve for this hospital which I have served for over 20 years. May God give us and it the grace to withstand the future of healthcare.
Why do people constantly harp on this issue and act ignorant about what a city population measures? A city's population is the city's population. There is no argument or debate about it. If you want to measure the density of a city--measure it. If you want to measure the size of a metropolitan area, then measure the metropolitan population. City boundaries cover different sized areas--and they always have (though the disparity has probably increased since about 1900 or so when more cities began annexing their surrounding communities). For example, San Francisco only covers 49 square miles while Houston cover nearly 600 square miles. No one argues about the population rankings of either city even though they clearly cover extremely different sized areas. Indianapolis is the 13 largest city by population in the U.S. That is a fact. While the population of a metropolitan area may give you a better sense of how large a community is, as noted, even metro areas can vary widely in the size of geographic area they cover--so that is not a perfect comparison either.