Indianapolis Motor Speedway

Franchitti earns $2.8 million for Indy 500 win

May 31, 2010
Associated Press
Franchitti's earnings were part of an overall purse of $13,592,815. The paychecks were announced at the annual victory dinner Monday at the Indianapolis Motor Speedway.
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BENNER: Speedway's centennial becomes a crossroadsRestricted Content

May 15, 2010
Bill Benner
Just two years ago, the future seemed as bright for the Indy Racing League. But that was then. This is now.
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Corporate hospitality in doldrums at Speedway

May 1, 2010
Anthony Schoettle
Unfathomable just a decade ago, the Indianapolis Motor Speedway is trimming demands on hospitality packages in a scramble to fill vacancies and preserve what IMS officials call "a major profit center."
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Ex-race car driver loses appeal on Porsche ownership

April 13, 2010
Michael W. Hoskins
The 7th Circuit Court of Appeals has ruled that the Indianapolis Motor Speedway Foundation Inc. is the rightful owner of a classic 1979 Porsche on display at its Hall of Fame Museum.
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Formula One boss eyes New York for grand prix

March 25, 2010
 IBJ Staff and Associated Press
Bernie Ecclestone appears to be interested in widening the racing series' reach in the U.S., with recent negotiations to return to Indianapolis and now wishing aloud for a New York-based grand prix.
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Speedway, F1 discussing race's return to Indianapolis

March 15, 2010
Scott Olson
Officials from the Indianapolis Motor Speedway and Formula One say they're in discussions to bring a Formula One race back to the city. F1 left the city in 2007 after an eight-year run.
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Bull-riding boss takes reins of Indy Racing League

February 2, 2010
The CEO of the Professional Bull Riders Association has accepted an offer to lead the Indy Racing League. The IRL has been without a leader since Tony George was ousted last summer as boss of the Indianapolis Motor Speedway.
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Tony George resigns from Speedway, IRL board

January 19, 2010
Anthony Schoettle
His resignation removes George from any remaining role in Hulman & Co., Indianapolis Motor Speedway, IMS Productions and other affiliated companies.
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Indianapolis Motor Speedway negotiating deal with Levy Restaurants

January 16, 2010
 IBJ Staff
The Chicago-based firm might take over food service at the Speedway as IMS continues to look for opportunities to outsource.
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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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Indianapolis Motor Speedway puts golf course under microscope

December 19, 2009
 IBJ Staff
Changes are coming to the Brickyard Crossing Golf Resort, but the Indianapolis Motor Speedway, which owns the facility, has no intention of selling it.
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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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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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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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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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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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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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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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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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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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