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Sports Business
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.
MoreLawsuit threatens NCAA's amateur business model
May 11, 2013
Anthony SchoettleOn June 20, a California federal court will determine if an antitrust lawsuit brought by former UCLA basketball player Ed
O’Bannon—who argues he should’ve been paid for the use of his likeness on game broadcasts and in EA Sports
video games—can become a class action.
MorePence signs $100 million Speedway funding bill
May 10, 2013
Associated PressIndiana Gov. Mike Pence has signed a bill that will provide a $100 million state loan to the Indianapolis Motor Speedway for
planned improvements.
MoreIUPUI to move men's hoops to fairgrounds Coliseum
May 9, 2013
IBJ StaffSchool and fairgrounds officials announced the five-year deal on Thursday. Playing in the 74-year-old landmark will more than
quintuple seating capacity for Jaguar games.
MorePacers vs. Knicks almost sold out as ticket demand soars
May 8, 2013
Anthony SchoettleThe team plans to provide gold t-shirts for all in attendance for Saturday's game, which tips off at 8 p.m. Ticket packages
for next season are selling as local enthusiasm builds.
MoreStadium Lofts apartment project nears opening day
May 4, 2013
Scott OlsonThe unusual nature of the redevelopment and its location are driving strong leasing activity.
MoreColts-themed restaurant could reopen with Irsay's aid
May 3, 2013
Scott OlsonIndianapolis Colts owner Jim Irsay has pledged to throw the owner of the Blue Crew Sports Grill a lifeline by paying his rent
until the football season starts in September.
MoreIrsay may rescue Colts-themed restaurant
May 2, 2013
IBJ StaffLess than a day after its closure was announced, a Colts-themed restaurant on the far north side of Indianapolis may be getting
a reprieve.
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.
MoreSpeedway state funding plan approved by lawmakers
April 27, 2013
Associated PressThe Indianapolis Motor Speedway could get $100 million in state assistance for planned improvements under a plan approved
by Indiana legislators.
MoreNew lights only the beginning for Brickyard changes
April 27, 2013
Anthony SchoettleEverything is on the table for consideration, says new Hulman & Co. CEO Mark Miles.
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.
MoreLawmakers forge deal to help Indianapolis Motor Speedway
April 26, 2013
The Statehouse FileThe plan authorizes the state to loan the Speedway $100 million—money it will borrow through bonds—to make the grandstands
more accessible to people with disabilities and to install lights for night races.
MoreNew pro soccer team to be called Indy Eleven
April 25, 2013
Anthony SchoettleIndianapolis’ pro soccer team doesn’t make its on-field debut until April 2014, but organizers on Thursday unveiled the club’s
name: Indy Eleven.
MoreNew golf tour offering cash prizes despite USGA warning
April 25, 2013
Anthony SchoettleThe Hoosier Tour will give high-handicappers the chance to compete for prize purses at top courses across the Indianapolis
area. But participants could become ineligible for sanctioned events.
MorePacers post solid attendance gains in regular season
April 23, 2013
Anthony SchoettleDespite the negative noise this year about Pacers home attendance, the team had its second consecutive season increase. Revenue
from tickets and sponsorships also rose.
MoreRepublicans to question Ballard's $6M sports park
April 22, 2013
Kathleen McLaughlinThe City-County Council's GOP caucus will grill the mayor's staff in a private meeting Monday evening about plans for the
park, which caught many of them by surprise last week.
MoreBall State kicks off fundraising drive for sports facilities
April 22, 2013
The Division I university wants to invest $20 million for new and improved complexes for baseball, basketball, football and
golf, among other sports.
MoreInvestment group may bring pro hockey back to Indianapolis
April 20, 2013
Anthony SchoettleProfessional hockey will be skating back to the city in less than two years if Indiana State Fairgrounds officials get their
wish.
MoreNot-for-profit credited with bringing dream of local pro soccer team to life
April 20, 2013
Anthony SchoettleThe Brickyard Battalion started informally as a support group for an imaginary soccer team. But it was the impetus for starting
a real-life North American Soccer League franchise in Indianapolis, scheduled to launch next year.
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.
MoreExtra security set for this weekend's Little 500
April 17, 2013
Associated PressHeightened security measures and an expanded police presence will greet visitors at this weekend's annual Little 500 bicycle
races in response to Monday's deadly explosions at the Boston Marathon.
MoreSafety chief says more security likely at events
April 16, 2013
Associated PressIndianapolis will increase security at upcoming events such as the 500 Festival Mini-Marathon and Komen Race for the Cure,
but spectators likely won't notice the changes, Troy Riggs said.
MoreOfficials express confidence in Indy 500 security plan
April 16, 2013
Associated PressIndianapolis Motor Speedway officials and Indiana State Police feel good about their security plan for this year's Indy
500 and won't remove trash cans from the track in response to deadly blasts at the Boston Marathon.
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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.