Sports Business
IndyCar settles lawsuit over Izod sponsorship
May 25, 2012
Scott OlsonA Florida-based sports marketing firm had claimed in a lawsuit that it was owed million of dollars in commissions for landing
the clothing brand as the league's title sponsor.
MoreAndretti Autosport may expand into NASCAR
May 23, 2012
Anthony SchoettleSources close to Indianapolis-based Andretti Autosport say officials for the IndyCar Series team are talking to Dodge executives
about putting a team in NASCAR next year.
MoreBicycle race to debut in Speedway
May 22, 2012
Anthony SchoettleMore than 400 two-wheel racers and thousands of spectators are expected to descend on downtown Speedway June 1 for the first
Tri West Criterium. Top cyclists are expected to hit average speeds of near 30 miles an hour on a tight, closed course.
MoreLocal market tunes in Pacers playoff in 'huge' numbers
May 21, 2012
Anthony SchoettleOn Sunday, the Indiana Pacers grabbed the attention of a big chunk of the local market, drawing nearly 10 times the television
audience they did for their regular-season games.
MoreAT THE TRACK: Viso busts out personal best
May 21, 2012
Mason King
IBJ's video series captures up-and-coming driver E.J. Viso as he scores a third-row
starting position in qualifying, a big leap from his previous best at the Indy 500.
IMS officials hope new cars boost attendance, TV ratings
May 19, 2012
Anthony SchoettleGearheads are sure to be excited over the new engine and chassis package at the Indianapolis 500 this year, but IMS and IndyCar
Series officials hope the highly publicized changes will be enough to grab the attention of more casual fans and create an
attendance and TV ratings boost.
MoreNew ads reflect IMS' more-aggressive sponsorship mindset
May 19, 2012
Anthony SchoettleThe Indianapolis Motor Speedway is selling advertising along the world-famous, 103-year-old race course for the first time
ever, a break with tradition that promises to boost its financial firepower as racetracks nationwide are struggling.
MoreBENNER: Violence in sports is supply meeting our demand to win
May 19, 2012
Bill BennerThe recent suicide of former San Diego Chargers linebacker Junior Seau is the latest exclamation point to growing concern
about the violence that is part of football, especially in the NFL.
MoreMainGate enjoys boost from Pacers' playoff 'gold-out' promotion
May 18, 2012
Anthony SchoettleA deep playoff run by the Indiana Pacers could be good news for Indianapolis-based merchandising company MainGate Inc., which
produced the promotional T-shirts used at Thursday night's victory over the Miami Heat and is working on promotions for future
games.
MorePacers' Bird named NBA's executive of the year
May 17, 2012
Associated PressIndiana Pacers President Larry Bird was voted National Basketball Association Executive of the Year on Wednesday, becoming
the first person to win the award after also receiving the league's MVP and Coach of the Year honors.
MoreAT THE TRACK: Day of practice leaves room for improvement
May 17, 2012
Mason King
IBJ follows driver E.J. Viso and his team of engineers and mechanics during a sometimes-frustrating
practice day at the Speedway.
AT THE TRACK: Viso ready to hit higher gear
May 15, 2012
Mason King
The 26-year-old Venezuelan driver E.J. Viso hopes this year's Indy
500 will be his next step toward a breakout season, propelled by greater patience, a new race engineer and the tutelage of
Jimmy Vasser.
City’s final tab for hosting Super Bowl: $1 million
May 14, 2012
Scott OlsonCIB and city tourism leaders say that the money was well spent considering the game could translate to $300 million in direct
visitor spending over the next several years.
MoreBENNER: With MSA, Lugar brought Pacers and sports downtown
May 12, 2012
Bill BennerWithout Sen. Richard Lugar, we might not have the Pacers.
MoreButler University directed to spend more on male athletes
May 7, 2012
Associated PressButler University has learned that it is violating U.S. civil rights laws because it isn’t spending enough money on
its male athletes. It also was directed to get more women involved in intercollegiate sports.
MoreNew Colts quarterback a 'marketer's dream'
May 5, 2012
Anthony SchoettleSports marketers call the genuineness and awe-shucks personality of new Indianapolis Colts quarterback Andrew luck a marketer's
dream. The line is forming to forge both for-profit and not-for-profit partnerships with the No. 1 NFL draft pick.
MoreNCAA making itself a target for criticism
May 5, 2012
Anthony SchoettleThe NCAA—the association governing a large swath of college athletics in the United States—has, over the last
year, been called hypocritical, authoritarian and flat-out deceptive. Accusations of cronyism and favoritism have come from
all corners.
MoreBENNER: Let's hope Indiana-Kentucky rivalry won't be gone long
May 5, 2012
Bill BennerI root for two teams: Indiana, and whoever's playing Kentucky.
MoreEx-Colt Schlichter's latest sentence: 11 years
May 4, 2012
Associated PressEx-Ohio State and Indianapolis Colts quarterback Art Schlichter was sentenced Friday to nearly 11 years in federal prison
for scamming participants in what authorities called a million-dollar sports ticket scheme.
More500 Festival Mini-Marathon preps for storms, winds
May 3, 2012
Associated PressOrganizers of the 500 Festival Mini-Marathon have taken extra steps to keep participants and spectators safe if the weather
turns dangerous on Saturday.
MoreButler leaving Horizon League for Atlantic 10
May 2, 2012
Scott OlsonButler University formally announced its departure from the Horizon League Wednesday. It will begin playing in the Atlantic
10 in the 2013-14 season.
MoreBENNER: It's too late to turn back clock on single-class basketball
April 28, 2012
Bill BennerIt's funny in a way, too, when I hear folks from elsewhere trying to redefine those things that make/made us real Hoosiers.
MoreBird refutes report that he’s leaving Pacers
April 27, 2012
Scott OlsonCBSSports.com is reporting that Larry Bird is ready to step down as president of the Indiana Pacers, but the NBA legend says
he's not yet made a decision on his return. Bird's contract with the team is up at the end of the season.
MoreAs expected, Colts make quarterback Luck No. 1 pick
April 26, 2012
Associated PressSix weeks after saying goodbye to Peyton Manning, the Indianapolis Colts handed Andrew Luck a blue and white jersey and the
daunting task of leading a rebuilding team as its quarterback for the next decade.
MoreDollar General to sponsor Newgarden in Indy 500
April 24, 2012
Associated PressNewgarden has been impressive through the first three races this season, and started on the front row of last week's race
at Long Beach.
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Great article Anthony. Glad IMS is finally being run like a business and not a personal check book to finance the "Vision".
Things are looking up but 15 years of scorched earth won't be fixed overnight. Unfortunately the TV ratings are still poor and that won't change anytime soon with the brilliant 10 year contract signed under the former regime.
Brett not sure why you wonder what he said in his quote. "''I would like to jump in a time machine, go back to 1995, and tell the owners and Tony George not to split,'' Franchitti said. ''As soon as my time machine is done, I know where I'm going.''"
Pretty clear, he would love to go back and tell TG and the team owners not to split.
I am not sure there is anyone who wanted the split, and I don't think there is anyone who would not like to go back and prevent the split. But, as has been discussed ad nauseum, without the split carts management by team owners would have run all of ow racing into bankruptcy. If cart had such a wonderful product, then losing IMS would not have forced it into bankruptcy. If NASCAR lost Daytona or Charlotte, it would not fail like cart did.
Truth,
So you predicted that cart would go into bankruptcy and cease to exist while Indycar would continue on? I missed that prediction.
I want to live in a city that has a garage structure to be proud of for it's innovating design!
Well written Anthony. I think the toughest thing for the Hulmans and true of any family company is that reality was getting more complex than could be handled by the family. Almost any family owned business must realize that or die. Tough decisions, but ones that had to be made.
I don't like the wall signage, but in this era of sports marketing it is almost required. Many folks cringed at advertising at Assembly Hall and Hinkle fieldhouse, but times and finances change.
Thanks also for reminding us the other blue chip sponsors IMS has picked up.
Not to mention how it would improve the view from the offices of the AUL building. Do you remember when Circle Center had a contest for the best roof design after the mall was completed? Great opportunity here...