IndyCar Series

IndyCar racing to line up sponsors to replace Izod

July 13, 2013
Anthony Schoettle
The IndyCar Series’ quest to find a presenting sponsor that could eventually replace Izod as title sponsor—a task series officials earlier this year called their top sales priority—has taken a blow.
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Boles named Speedway president, faces major challenges

July 9, 2013
Anthony Schoettle

The Indianapolis Motor Speedway's new president must navigate a number of tests, most notably how to save the MotoGP race and how to bolster the Brickyard 400 NASCAR race.

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TV ratings droop near all-time low for Indy 500

May 28, 2013
 IBJ Staff and Associated Press
ABC-TV's telecast of the Indianapolis 500 on Sunday earned a 3.7 rating nationwide, one of the race's worst ratings performances in recent history.
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Indy 500 fans will find track security tighter this year

May 24, 2013
Associated Press
Fans 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.
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ESPN counting on story lines to sell Indy 500

May 21, 2013
Associated Press
There is no shortage of compelling story lines accompanying Sunday's race, leaving television executives feeling confident about another bump in viewership this year.
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Zak Brown turns down IndyCar CEO job

May 14, 2013
Associated Press
Brown said he instead will relocate in July to England to continue the growth of his Zionsville-based agency, Just Marketing International.
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BENNER: IndyCar must kiss the past goodbye, embrace bold ideasRestricted Content

May 4, 2013
Bill Benner
Robin 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.
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Speedway's Speed Zone redevelopment project in high gearRestricted Content

April 27, 2013
Anthony Schoettle
Some goals have been realized, while others are moving through the pipeline.
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Local racing team on verge of calling it quits after 500

April 26, 2013
 IBJ Staff and Associated Press
Carmel-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.
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Marketing firm's founder mulls top IndyCar job, company sale

April 19, 2013
Anthony Schoettle
Spire 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.
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Miles hits throttle on overhaul for IndyCar, IMSRestricted Content

March 30, 2013
Anthony Schoettle
Hulman & 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.
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Indy Motor Speedway to charge for infield parking spots

March 25, 2013
Associated Press
Passes 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.
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Tax break would barely put dent in Speedway's to-do listRestricted Content

February 16, 2013
Anthony Schoettle
The 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.
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2012 NEWSMAKER: Miles adds to diverse business, sports career

December 28, 2012
 IBJ Staff
Veteran executive Mark Miles now has one of the most difficult jobs in sports—putting open-wheel racing on sound financial footing.
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New Hulman & Co. CEO eyes changes to resurrect open-wheel racingRestricted Content

December 8, 2012
Anthony Schoettle
New 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.
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IndyCar releases Lotus from engine-supply contract

December 7, 2012
Associated Press
IndyCar has released Lotus from its contract, leaving Chevrolet and Honda as the only two engine suppliers for the upcoming season.
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Miles faces tough challenge in reversing IndyCar's fortunesRestricted Content

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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Speedway, 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.
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EDITORIAL: IndyCar board overreactedRestricted Content

November 3, 2012
 IBJ Staff
The 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.
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IndyCar confronts 'defining moment'Restricted Content

November 3, 2012
Anthony Schoettle
The 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.
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Belskus to serve as interim IndyCar CEO after Bernard's exit

October 28, 2012
 IBJ Staff and Associated Press
Jeff 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.
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Bernard ousted as CEO of IndyCar, sources say

October 26, 2012
Anthony Schoettle
IndyCar Series owners have fired CEO Randy Bernard, sources familiar with the situation told IBJ on Friday afternoon. IndyCar officials are denying the firing.
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George cites conflict of interest in resigning from Hulman board

October 19, 2012
Associated Press
IndyCar 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.
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George reportedly submits offer to buy IndyCar

October 12, 2012
Anthony Schoettle
Tony George has offered a seven-figure cash proposal to take over operations and assume future losses for the IndyCar Series.
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IndyCar execs say distractions mask progressRestricted Content

October 6, 2012
Anthony Schoettle
IndyCar 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.
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  1. Hiking blocks to an office after fighting traffic is not logical. Having office buildings around the loop, 465 and in cities in surrounding counties is logical. In other words, counties around Indianapolis need office buildings like Keystone, Meridian, Michigan Road/College Park and then no need to go downtown. Financial, legal, professional businesses don't need the downtown when Carmel, Fishers, North Indy are building their own central office buildings close to the professionals. The more Hamilton, Boone county attract professionals, the less downtown is relevant. Highrises have no meaning if they don't have adequate parking for professionals and clients. Great for show, but not exactly downtown Chicago, no lakefront, no river to speak of, and no view from highrises of lake Michigan and the magnificent mile. Indianapolis has no view.

  2. "The car count, THE SERIES, THE RACING, THE RATINGS, THE ATTENDANCE< AND THE MANAGEMENT, EVERY season is sub-par." ______________ You're welcome!

  3. that it actually looked a lot like Sato v Franchitti @Houston. And judging from Dario's marble mouthed presentation providing "color", I'd say that he still suffers from his Dallara inflicted head injury._______Considering that the Formula E cars weren't going that quickly at that exact moment, that was impressive air time. But I guess we shouldn't be surprised, as Dallara is the only car builder that needs an FAA certification for their cars. But flying Dallaras aren't new. Just ask Dan Wheldon.

  4. Does anyone know how and where I can get involved and included?

  5. While the data supporting the success of educating our preschoolers is significant, the method of reaching this age group should be multi-faceted. Getting business involved in support of early childhood education is needed. But the ways for businesses to be involved are not just giving money to programs and services. Corporations and businesses educating their own workforce in the importance of sending a child to kindergarten prepared to learn is an alternative way that needs to be addressed. Helping parents prepare their children for school and be involved is a proven method for success. However, many parents are not sure how to help their children. The public is often led to think that preschool education happens only in schools, daycare, or learning centers but parents and other family members along with pediatricians, librarians, museums, etc. are valuable resources in educating our youngsters. When parents are informed through work lunch hour workshops in educating a young child, website exposure to exceptional teaching ideas that illustrate how to encourage learning for fun, media input, and directed community focus on early childhood that is when a difference will be seen. As a society we all need to look outside the normal paths of educating and reaching preschoolers. It is when methods of involving the most important adult in a child's life - a parent, that real success in educating our future workers will occur. The website www.ifnotyouwho.org is free and illustrates activities that are research-based, easy to follow and fun! Businesses should be encouraging their workers to tackle this issue and this website makes it easy for parents to be involved. The focus of preschool education should be to inspire all the adults in a preschooler's life to be aware of what they can do to prepare a child for their future life. Fortunately we now know best practices to prepare a child for a successful start to school. Is the business community ready to be involved in educating preschoolers when it becomes more than a donation but a challenge to their own workers?

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