Indianapolis Motor Speedway

Dollar General to sponsor Newgarden in Indy 500

April 24, 2012
Associated Press
Newgarden has been impressive through the first three races this season, and started on the front row of last week's race at Long Beach.
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Are corporate gift policies inhospitable?Restricted Content

April 21, 2012
Anthony Schoettle
Sober times have made no-no's of many of the perks that once greased business relationships.
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Tony George Jr. new boss of IndyCar feeder series

March 20, 2012
Anthony Schoettle
The changes to the Indy Lights series continue a management overhaul begun by IndyCar Series CEO Randy Bernard late last fall.
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IndyCar's new big wheels steer series toward futureRestricted Content

March 17, 2012
Anthony Schoettle
With the loss of two of its biggest stars after last season, the IndyCar Series faces a stiff challenge ramping up its television ratings, attendance and overall financial fortunes. Marc Koretzky is among the fresh faces driving series toward profitability.
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Hulman & Co. adds heavy-hitters to board

March 8, 2012
Anthony Schoettle
Hulman & Co. has added four prominent businessmen to its board of directors. The move marks the second major addition to its board in 13 months.
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BENNER: List of best sports palaces had just one Hoosier entryRestricted Content

March 3, 2012
Bill Benner

On a recent list of great sports venues, The Indianapolis Motor Speedway was not included. Are you kidding me?

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Super Bowl events put spotlight on IndyCar

February 1, 2012
Anthony Schoettle
Fans and media outlets have flocked to NFL-themed IndyCars and Indianapolis Motor Speedway this week, giving the open-wheel series and its biggest race millions of dollars worth of exposure at a critical time.
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IndyCar brings in outsider as new race director

January 4, 2012
Anthony Schoettle
American Le Mans Series race director Beaux Barfield on Wednesday took the hot seat as the IndyCar Series' new chief race official.
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Fisher’s IndyCar team building headquarters in Speedway

December 15, 2011
Scott Olson
Sarah Fisher Hartman Racing plans to build a $2.7 million facility on Speedway's new Main Street to house her race team. Construction on the 37,000-square-foot shop could start in February and be finished in September.
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Newman-Haas race team leaving IndyCar in 2012

December 2, 2011
Associated Press
Newman-Haas Racing, the team started by late actor Paul Newman, has decided it will not compete in 2012. It's the first time since 1982 Newman-Haas will not field an open-car team.
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Speedway hosts meetings about potential for electric car racing seriesRestricted Content

October 29, 2011
 IBJ Staff
The three-day conference looked at such things as design plans and technical infrastructure for electric racing vehicles, and preliminary business plans for such a series.
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Formula One cars to race in New Jersey in 2013

October 25, 2011
Formula One cars are scheduled to race through the streets of New Jersey in 2013, F1 CEO Bernie Ecclestone said. The last U.S. race was at the Indianapolis Motor Speedway in 2007.
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Speedway leader named CEO of Hulman & Co.

September 9, 2011
Directors appointed Jeffrey G. Belskus president and CEO of the Terre Haute-based company effective Oct. 1. Hulman & Co. is the family owned firm that oversees the Indianapolis Motor Speedway and IndyCar Series, as well as Clabber Girl Baking Powder and other holdings.
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MotoGP race-day attendance up; three-day total down

August 29, 2011
Anthony Schoettle
Speedway officials expect an announcement within 30 days about whether the MotoGP race will be held in Indianapolis in 2012.
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City expects weather to boost MotoGP's economic impact

August 26, 2011
Anthony Schoettle
Sunny, mild weather could provide a 15-percent increase to the economic impact of this weekend's MotoGP events. Motorsports business experts said the city could see a $30 million impact.
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IndyCar extends deal to keep races on ABC

August 10, 2011
Terms of the agreement call for the network to televise five races each year through 2018, including the Indianapolis 500.
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IMS officials to revamp Brickyard 400Restricted Content

July 30, 2011
Anthony Schoettle
Indianapolis Motor Speedway CEO Jeff Belskus has an ambitious plan to “rebrand and reposition” the 18-year-old Brickyard 400 in a bid to fuel big attendance increases beginning next year.
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Crown Royal signs on as Brickyard 400 title sponsor

July 28, 2011
Anthony Schoettle
Sources say the deal is worth about $15 million over five years—a much-needed boost for Indianapolis Motor Speedway officials struggling to stop attendance declines at the NASCAR race.
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Loss of race long-term pain, but short-term gain for track

July 18, 2011
Anthony Schoettle
Officials for Lucas Oil Raceway in Clermont say ticket sales for July 30's NASCAR Nationwide race are up significantly since the July 6 announcement that the race will move to Indianapolis Motor Speedway next year.
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IndyCar appears poised to drop Milwaukee raceRestricted Content

June 25, 2011
 IBJ Staff
IndyCar Series CEO Randy Bernard is considering taking the open-wheel series to the Road America road course in Elkhart Lake, Wis., for 2012. That race could replace the Milwaukee race, which Bernard said faces a 50-percent chance of being eliminated.
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Electric vehicles gain traction in regionRestricted Content

June 4, 2011
Chris O'Malley
Indianapolis has one of the highest concentrations of plug-in electric vehicle drivers in the nation, an industry official says.
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Stunning crash at end gives Wheldon 500 victory

May 29, 2011
Associated Press
Rookie JR Hildebrand made the ultimate mistake with his very last turn of the wheel, crashing into the wall and sliding across the finish line.
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Speedway's new generation makes markRestricted Content

May 28, 2011
Anthony Schoettle
While the Indianapolis Motor Speedway revels in its centennial this month and motorsports aficionados take a nostalgic look back, the next generation of heirs to the Hulman George fortune has its eyes firmly fixed on the future.
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BENNER: Good news locked out until NFL makes peaceRestricted Content

May 28, 2011
Bill Benner
Columnist ruminates on this, that and the other.
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Kanaan, Carpenter items boosting Indy 500 merchandise salesRestricted Content

May 28, 2011
 IBJ Staff
Consumers open wallets for drivers who aren't front-runners this year.
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  1. PJ - Mall operators like Simon, and most developers/ land owners, establish individual legal entities for each property to avoid having a problem location sink the ship, or simply structure the note to exclude anything but the property acting as collateral. Usually both. The big banks that lend are big boys that know the risks and aren't mad at Simon for forking over the deed and walking away.

  2. Do any of the East side residence think that Macy, JC Penny's and the other national tenants would have letft the mall if they were making money?? I have read several post about how Simon neglected the property but it sounds like the Eastsiders stopped shopping at the mall even when it was full with all of the national retailers that you want to come back to the mall. I used to work at the Dick's at Washington Square and I know for a fact it's the worst performing Dick's in the Indianapolis market. You better start shopping there before it closes also.

  3. 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.

  4. If you only knew....

  5. 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.

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