Indianapolis Motor Speedway

Carpenter, Fisher to merge IndyCar teams in 2015

August 17, 2014
Associated Press
Ed Carpenter Racing and Sarah Fisher Hartman Racing said Saturday they will unite to form CFH Racing. The Indianapolis-based teams will be headquartered at Fisher Hartman offices a few blocks from Indianapolis Motor Speedway.
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Tag Heuer signs sponsorship with IndyCar, SpeedwayRestricted Content

August 9, 2014
IndyCar Series officials announced a deal Aug. 6 making Switzerland-based TAG Heuer the official watch of the open-wheel series and Indianapolis Motor Speedway.
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Speedway officials seek new ways to attract fans

July 30, 2014
Associated Press
Every year the challenge of keeping racing fans engaged gets a little tougher as organizers increasingly compete against other sports and children's events while trying to get fan dollars in a still-tough economy.
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Lilly reaches multiyear agreement to sponsor IMS race

July 15, 2014
 IBJ Staff
The race, which takes place the day before the annual NASCAR Brickyard 400 race at IMS, will be called the Lilly Diabetes 250.
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Angie's List Grand Prix sponsorship targets service providers

June 21, 2014
Dennis Barbosa
It was no surprise that the Indianapolis Motor Speedway approached the Indianapolis-based consumer-review service about sponsorship of the Grand Prix of Indianapolis before the inaugural event in May. But the first response from Angie’s List CEO Bill Oesterle was no.
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Angie's List to affix name to Grand Prix as sponsor

June 3, 2014
Mason King
The consumer-review service has cut a deal to become the title sponsor of the Grand Prix of Indianapolis through 2016, and plans to help pack the stands with 5,000 of its own spectators.
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Driver Busch credits IndyCar for increased 500 TV ratings

May 30, 2014
Associated Press
The ratings increase could be attributed to Kurt Busch running both the Indy 500 and the Coca-Cola 600 on the same day, the first double attempt since 2004.
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Hunter-Reay gets $2.4 million for winning Indy 500

May 27, 2014
Associated Press
Ryan Hunter-Reay edged Helio Castroneves by 0.060 seconds Sunday in the second-closest margin of victory in the history of the race. He became the first American to win the Indy 500 since Sam Hornish Jr. in 2006.
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Hunter-Reay holds off Castroneves to win Indy 500

May 25, 2014
Associated Press
Ryan Hunter-Reay used a series of daredevil moves in the final laps to deny Helio Castroneves a chance at history on Sunday and became the first American since 2006 to win "The Greatest Spectacle in Racing."
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IndyCar's TV ratings gaining momentumRestricted Content

May 24, 2014
Anthony Schoettle
TV ratings for the IndyCar Series zoomed 44 percent this year for the races leading up to the Indianapolis 500, compared to the same period a year ago, buoyed in part by a strong showing for the new Grand Prix of Indianapolis. But overall viewership remains anemic—less than one-fourth the audience for most NASCAR races.
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LOPRESTI: Saddest day in May

May 17, 2014
The fiery crash that killed Dave MacDonald and Eddie Sachs left its mark on Foyt, Rutherford and racing.
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Mitch Daniels joins Hulman & Co. board

May 3, 2014
 IBJ Staff
Former Gov. Mitch Daniels is joining the board of Hulman & Co., which owns the Indianapolis Motor Speedway.
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Speedway outsources concession stand operations

March 7, 2014
Anthony Schoettle
The Indianapolis Motor Speedway on Friday reached a multiyear deal with Illinois-based Levy Restaurants to operate concession stands and manage premium beverage operations during major events.
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Verizon Wireless to sponsor eight of Montoya's races

February 10, 2014
Associated Press
Roger Penske wasn't worried about finding a sponsor for Juan Pablo Montoya when he signed him, believing there would be interest in the Colombian's return to open-wheel racing.
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Back to the future: Speedway to host vintage-car race event

February 5, 2014
Anthony Schoettle
The track has scheduled yet another new event for 2014. The move is bound to draw criticism from traditionalists who think Speedway officials are diluting the venue's heritage by bringing in so many extra races.
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Critics push IndyCar chief to shift focus to driver developmentRestricted Content

February 1, 2014
Anthony Schoettle
There’s no disputing that Hulman & Co. CEO Mark Miles has added horsepower to the IndyCar Series and Indianapolis Motor Speedway in his first year on the job. But there are grumblings Miles has not focused enough on the products that literally drive the series—the drivers themselves.
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Speedway sets agenda for $140M in improvements

December 11, 2013
Associated Press
The Indianapolis Motor Speedway says it is ready to start a projected $140 million in improvement projects using $100 million in state assistance.
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Speedway's May 'Grand Prix' requires road track overhaul

October 2, 2013
Associated Press
The new 14-turn, 2.434-mile course will be run the opposite direction of the Indy 500 on a newly resurfaced track that will be wider, have longer straightaways and three new passing zones, Indianapolis Motor Speedway officials announced Tuesday.
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Indianapolis Motor Speedway takes bids for food, souvenirsRestricted Content

September 28, 2013
Anthony Schoettle
The Indianapolis Motor Speedway has put its merchandise and food and beverage contracts up for bid for the first time in its 104-year history.
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Izod dropping IndyCar Series sponsorship

September 27, 2013
 IBJ Staff
The apparel brand Izod is dropping its partnership with the IndyCar Series after the conclusion of the 2013 season, leaving the open-wheel racing series without a title sponsor.
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IndyCar to run road race at Speedway in May

September 26, 2013
 IBJ Staff
The unusual move will mark the open-wheel series' first race on the hallowed track's winding interior course. And it's the highest-profile break from tradition yet in the tenure of new Hulman & Co. CEO Mark Miles.
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Dallara sees Indy operations as springboard for U.S. expansionRestricted Content

September 21, 2013
Anthony Schoettle
Dallara is preparing to install a $5 million automobile simulator in its Speedway plant—a move that could fuel the company’s plan to dramatically grow its local operation.
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IMS considers dropping MotoGP event for new sports-car raceRestricted Content

August 10, 2013
Anthony Schoettle
The upcoming MotoGP motorcycle race could be the last at the Indianapolis Motor Speedway, as NASCAR officials lobby instead for a stand-alone race for a newly merged sports-car series.
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'Turbo' off to slower-than-expected start at box office

July 23, 2013
 IBJ Staff, Bloomberg News
The Indianapolis-based IndyCar Series and open-wheel racing enthusiasts were hoping the movie would create a buzz about the sport, but interest has fallen short of expectations so far.
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Animated film 'Turbo' could give racing a boost

July 15, 2013
Associated Press
A new DreamWorks Animation movie centers on the Indianapolis 500. It's a dream come true for the IndyCar Series, which can't buy a break in halting its slide in public interest.
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  1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  2. If you only knew....

  3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

  4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

  5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

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