IndyCar Series

Inquiry into Wheldon's death in crash completed

December 15, 2011
Associated Press
IndyCar officials say several factors contributed to the Oct. 16 accident that claimed the life of two-time Indianapolis 500 winner Dan Wheldon.
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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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IndyCar Series won't return to Las Vegas in 2012

December 9, 2011
Associated Press
The IndyCar Series won't return to Las Vegas Motor Speedway next season, and its future at the track depends in part on what it learns from the investigation into Dan Wheldon's fatal accident.
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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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IndyCar, NASCAR stars to face off in IndyRestricted Content

November 5, 2011
 IBJ Staff
The go-kart race at Conseco Fieldhouse is part of the third annual International Motorsports Industry Show at the Indiana Convention Center.
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NASCAR deal comes at good time for C&R RacingRestricted Content

November 5, 2011
Anthony Schoettle
The company will lose $2 million next year in IndyCar-related business, but company founder Chris Paulsen has no fear.
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IndyCar CEO Bernard revisits 'horrific' week

October 25, 2011
Associated Press
IndyCar CEO Randy Bernard knows there are people who blame him for Dan Wheldon's death, who say the IndyCar CEO pushed the series over the edge.
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BENNER: My Wheldon encounter was textbook Dan WheldonRestricted Content

October 22, 2011
Bill Benner
In the wake of Dan Wheldon's tragic passing, it seems we all have our Dan Wheldon stories to tell
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Fatal crash raises questions about IndyCar's future

October 17, 2011
Anthony Schoettle
Just as the IndyCar Series was gaining momentum, it suffered a terrible blow in Sunday's tragic 15-car accident. Analysts are concerned with how IndyCar CEO Randy Bernard will steer the series forward.
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Two-time Indy 500 champ Wheldon dies in Vegas crash

October 16, 2011
Associated Press
Dan Wheldon died Sunday after a massive, fiery wreck at the Las Vegas Indy 300, becoming the first IndyCar driver to die after an on-track crash since rookie Paul Dana was killed in practice on the morning of race day in 2006.
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IndyCar Series rolling dice in Las Vegas

October 12, 2011
Anthony Schoettle
IndyCar Series CEO Randy Bernard, who took over the race, expects up to 70,000 fans and a sell-out of 121 luxury suites for season-ending event.
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Angie's List becomes main Sarah Fisher Racing sponsorRestricted Content

October 1, 2011
 IBJ Staff
The local consumer services firm will become the primary sponsor for the car driven by Tomas Scheckter.
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IndyCar's first Baltimore race outpaces crowd estimateRestricted Content

September 10, 2011
 IBJ Staff
The three-day drew 150,000, about 50,000 more than organizers had hoped.
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Patrick confirms full-time move to NASCAR in 2012

August 25, 2011
Associated Press
After months of skirting speculation, Danica Patrick announced Thursday that she's leaving IndyCar in 2012 to run a full Nationwide schedule. She didn't rule out a return to open-wheel racing for the Indianapolis 500.
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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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Danica Patrick is third-highest-paid female athleteRestricted Content

August 6, 2011
 IBJ Staff
The IndyCar driver's income is estimated at $12 million, according to Forbes.com.
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IndyCar CEO may take control of more races to boost TV ratingsRestricted Content

July 9, 2011
Anthony Schoettle
IndyCar Series CEO Randy Bernard is so driven to increase race attendance and television ratings, he’s considering taking control of more of the open-wheel circuit’s races to make that happen.
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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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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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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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Legal issues follow local race team into 500 weekend

May 27, 2011
Scott Olson
Indianapolis-based Panther Racing, which has two drivers in this weekend's Indy 500, has been sued by a former employee, its former landlord and even one of its former drivers, mostly over allegations of not paying its bills.
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Teams scramble to please sponsors during race week

May 25, 2011
Kathleen McLaughlin
Andretti Autosport's purchase of an Indy 500 ride for bumped driver Ryan Hunter-Reay is an extreme example of the influence sponsors wield in the sport, but it's not unusual for motorsports teams to wheel and deal during race week.
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IndyCar Series speeding toward new era in 2012Restricted Content

May 14, 2011
Anthony Schoettle
The centennial running of the Indianapolis 500 this year is almost overshadowed by changes that will make next year among the most important in the history of open-wheel racing.
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IndyCar Series makes deal with popular Facebook game

April 25, 2011
Anthony Schoettle
Indianapolis Motor Speedway landmarks and the cars of 13 open-wheel drivers are being featured in a game with 8 million nationwide players.
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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