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Motorsports
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.
MoreAttorneys rev engines on racing circuits for relaxation
May 1, 2013
Marilyn OdendahlLawyers are traditionally known as hard-chargers, but these Indianapolis attorneys spend their weekends jockeying for position
as pro- and semipro-level auto racers.
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.
MorePlan would shift money from horse racing to auto racing
April 9, 2013
The Statehouse FileThe move—debated Monday in the Indiana House Ways and Means Committee—is meant to subsidize upgrades at the Indianapolis
Motor Speedway and make low-interest loans available to other auto tracks and businesses across the state.
MoreSpeedrome gains momentum with sponsorship deals
March 20, 2013
Anthony SchoettleAt a time when sports sponsorships in general and motorsports sponsorships in particular aren't easy to score, the 72-year-old
Speedrome has announced five such pacts in the last month.
MoreLongtime Indianapolis Motor Speedway exec departing for Austin track
February 16, 2013
Mel Harder had been with the Speedway for 22 years, most recently overseeing operations and facilities management for the
famed Brickyard.
MoreFinancial woes force local charity to close
February 12, 2013
Motorsports-focused CARA Charities has ceased operations, the organization announced Monday. Championship Auto Racing Auxiliary
Inc. said it was “unable to generate the financial means necessary” to continue supporting the auto-racing community
in Indianapolis and beyond.
MoreSpeedway businesses eye gains from IMS upgrade
February 11, 2013
IBJ StaffNearby businesses hope upgrades to the Indianapolis Motor Speedway from a proposed state taxing district would pave the way
for additional offerings at the venue, including night racing.
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.
MoreDeal to save racing show had many twists, turns
December 8, 2012
Anthony SchoettleIn a matter of a few months, operators of the Performance Racing Industry show and its upstart rival, the International Motorsports
Industry Show, went from being bitter rivals to merging—a deal that will return the world’s largest motorsports
trade show to Indianapolis next December.
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.
MoreStudy: Motorsports industry contributes 23,000 jobs
December 6, 2012
Scott OlsonPurdue University says jobs created by the racing sector in Indiana pay an average annual wage of nearly $63,000, well above
the $39,700 state average.
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.
MoreNation’s largest motorsports trade show returning to city
November 20, 2012
Scott OlsonThe Performance Racing Industry Show will return to Indianapolis for five years starting in 2013, bringing about 40,000 guests
and millions of dollars of visitor spending with it.
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.
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 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.
MoreFounder of Hoosier Racing Tire dies at 85
September 28, 2012
Associated PressRobert Newton, 85, the founder of northern Indiana-based Hoosier Racing Tire, which made tires for NASCAR and other racing
series, has died.
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.
MoreRain threatens weekend activities, including big NHRA race
August 30, 2012
Scott OlsonOfficials say they hope the aftermath of Hurricane Isaac won't force them to postpone weekend festivities at Lucas Oil Raceway.
Another big weekend event, Rib Fest America at Military Park, will be held rain or shine, promoters say.
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First, the Athenaeum is going to have to get past the hurdle with the Lockerbie residents and the agreement that the parcel would be residential. Second, and in my opinion, this prime piece of property should include parking, PLUS, a black box theater(s), some market rate and affordable artist housing and a plan to renovate and reconfigure the second story theater. I would negotiate to add the DeHaan property surface parking lot into the development mix, place a one story surface parking garage on the DeHaan lot on the street level (for the Dehaan tenants use during the daytime) and add a second story to the garage that would become an addition to the current second story theater and then change the direction of the theater by moving the stage across the alley and on top of the DeHaan lot parking. You can add all the stage elements that are currently missing from the Athenaeum stage to make it more attractive for use by Ballet, Opera and traveling productions. Plus, the theater changes would probably help solve some of the soundproofing issues. Alas,it does not seem to be a part of the strategic plan to conduct a study to determine best use of the property. Seems like the current plan is a quick and easy move that ignores the property best use/potential and any strategic property planning for the effect on future generations.
I recall that MSA's pilings are still in the ground and hard to remove. It’s not likely any proposal will include significant underground construction/parking because of this. Start adding 2 floors of retail, 8 floors of parking and 5-10 floors of possible hotel, and/or 10-20 floors of residential, and you are at 30 floors already with possible expansion of all the uses. But then again I could be wrong.
Accoriding to their website there is no deadline to the Do Not Call list. What is this article referring to??
On what planet are they entitled to this largesse from the stockholders? These people make multi-million dollar salaries: Pay for your own personal travel.
It matters because they're already paid enormously fat salaries: Pay for your own personal travel. Being "taxed on it" isn't a valid excuse--so what? They're still being gifted a raft of luxury perks from somebody else's money on top of an enormous, lavish salary.