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IndyCar Series
Zak Brown turns down IndyCar CEO job
May 14, 2013
Associated PressBrown said he instead will relocate in July to England to continue the growth of his Zionsville-based agency, Just Marketing
International.
MoreBENNER: IndyCar must kiss the past goodbye, embrace bold ideas
May 4, 2013
Bill BennerRobin Miller pronounced the idea of a season-ending race on the Speedway’s road course as the dumbest of all the dumb
things that have happened over the years. I respectfully disagree.
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.
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.
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.
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.
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.
MoreIndyCar releases Lotus from engine-supply contract
December 7, 2012
Associated PressIndyCar has released Lotus from its contract, leaving Chevrolet and Honda as the only two engine suppliers for the upcoming
season.
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.
MoreSpeedway, IndyCar owner names Miles as new CEO
November 20, 2012
Hulman & Co., which owns Indianapolis Motor Speedway and the IndyCar series, has chosen board member and local economic
development leader Mark Miles as its new CEO, the firm announced Tuesday morning.
MoreEDITORIAL: IndyCar board overreacted
November 3, 2012
IBJ StaffThe board's dismissal of CEO Randy Bernard seemed to cut a change agent off at the knees, and that could come back to haunt
them.
MoreIndyCar confronts 'defining moment'
November 3, 2012
Anthony SchoettleThe IndyCar Series is approaching a three-pronged fork in the road, and the path its leaders choose will have long-lasting
implications for the Indianapolis Motor Speedway and Indianapolis 500.
MoreBelskus to serve as interim IndyCar CEO after Bernard's exit
October 28, 2012
IBJ Staff and Associated PressJeff Belskus, the president of Indianapolis Motor Speedway, and the president and CEO of Hulman & Co., will step in as
interim CEO of the IndyCar Series, replacing Randy Bernard.
MoreBernard ousted as CEO of IndyCar, sources say
October 26, 2012
Anthony SchoettleIndyCar Series owners have fired CEO Randy Bernard, sources familiar with the situation told IBJ on Friday afternoon.
IndyCar officials are denying the firing.
MoreGeorge cites conflict of interest in resigning from Hulman board
October 19, 2012
Associated PressIndyCar founder Tony George resigned Friday from the Hulman & Co. board of directors, citing a conflict of interest in
his recent attempt to reacquire the series.
MoreGeorge reportedly submits offer to buy IndyCar
October 12, 2012
Anthony SchoettleTony George has offered a seven-figure cash proposal to take over operations and assume future losses for the IndyCar Series.
MoreIndyCar execs say distractions mask progress
October 6, 2012
Anthony SchoettleIndyCar Series officials insist the open-wheel circuit is on the right track despite a drop in its television ratings, tepid
attendance and persistent rumors that it will be sold and its CEO will be fired.
MoreIndyCar denies getting offer from George to buy series
October 1, 2012
Scott OlsonThe Sports Business Journal is reporting that former Indianapolis Motor Speedway CEO Tony George has assembled an
investor group that includes race team owners Chip Ganassi, Roger Penske, Michael Andretti and Kevin Kalkhoven to buy the
IndyCar Series.
MoreIndyCar exploring tire options beyond Firestone
September 25, 2012
Associated PressIndyCar said Tuesday it is exploring partnerships with tire manufacturers besides Bridgestone Firestone, which has been the
sole supplier for the series and under contract through the 2014 season.
MoreIndyCar may return open-wheel racing to Pocono
September 25, 2012
Anthony SchoettleThe 2013 IndyCar Series schedule could include a date at Pocono Raceway in Long Pond, Pa., a traditional NASCAR stronghold
that hasn’t hosted an open-wheel race in 23 years.
MoreKellogg's rolls out IndyCar-branded cereal nationwide
August 18, 2012
Anthony SchoettleDirect-to-consumer marketing of star drivers could be just what the series needs to boost interest, TV ratings.
MoreLotus may leave IndyCar one year into five-year deal
July 27, 2012
Anthony SchoettleGroup Lotus Plc is considering leaving the IndyCar Series as an engine supplier at the end of this season—its first
as a part of a five-year deal it signed last year to supply turbo engines to IndyCar teams.
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Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.
Does the buyer get to keep the recent Accu-Chek J.D. Power award? Be careful, those Swiss cannot be trusted. Last June they pimped Mayor Ballard and former Governor Daniels at a media op, announcing plans to invest "$300 million at its Indianapolis headquarters, creating up to 100 new jobs by 2017," only to turn around and close the Roche Nutley, NJ facility and eliminate 1000 jobs there later the same week. It seems that healthcare can be innovated only as long as money is to be made. Right now Roche seems to have big eyes for China: there are many Chinese in China and potential billions in Swiss francs! Since Roche is having difficulty with US insurance companies swallowing the bill for overpriced cancer drugs (with debatable efficacy) why not sell insurance to the Chinese and market the drugs to them there? There is a name for these sort of business practices however proper decorum precludes it use in this forum.
Same kind of Luddites who oppose I-69. Guessing their 501(c)(4) application probably sailed right through the IRS.