Sports Business

Reports of owner discord circulate around IndyCar CEO Bernard

May 31, 2012
Associated Press
A Speed.com report claims IndyCar founder Tony George and a handful of team owners are behind a charge to have Randy Bernard fired. Also listed were team owners John Barnes, Kevin Kalkhoven, Michael Andretti and his father, Mario.
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Local businessmen chronicling high school sports titles

May 30, 2012
Scott Olson
Ray Compton, Mike Jansen and Bob Lovell are using their love of sports to produce and sell DVDs capturing high school sports seasons.
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Franchitti earns nearly $2.5 million for Indy 500 win

May 29, 2012
Associated Press
Dario Franchitti landed $2,474,280 from an overall purse of $13,285,815 for Sunday's victory. The four-time series champion from Scotland became just the 10th driver to win IndyCar's signature event at least three times.
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Indy 500 in the books, but heat isn't a record

May 27, 2012
Associated Press
Fans sought shade under the grandstands and beneath umbrellas. Misting stations got a healthy workout. But Sunday's Indianapolis 500 won't go down in the record books as the hottest in the 101-year history of the race.
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Ganassi Racing dominates as Franchitti wins 3rd Indy 500

May 27, 2012
Associated Press
Dario Franchitti stamped his name in the record books by winning his third Indy 500 on Sunday, a day that started and ended as a tribute to Dan Wheldon, who won the race a year ago but was killed in an October crash in the IndyCar season finale.
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Playoff run pushes Pacers closer to profitabilityRestricted Content

May 26, 2012
Anthony Schoettle
The Indiana Pacers’ playoff run and a decreased player payroll—along with $10 million from the city’s Capital Improvement Board—have brought the team closer to breaking even this year, but not out of the red, sports business experts say.
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BENNER: Will playoff-fueled Pacer passion last until November?Restricted Content

May 26, 2012
Bill Benner
Curious, isn’t it, that Indiana Pacers forward Danny Granger plays the “we don’t get any national respect” card when he, in particular, and his team, in general, spent virtually all of this past National Basketball Association season not getting much in the way of local respect?
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Indy speedway replaces stage following inspection

May 25, 2012
Associated Press
A temporary outdoor stage set up to entertain race fans at the Indianapolis Motor Speedway has been replaced after it failed to meet new safety standards enacted by the state following last year's deadly stage collapse at the Indiana State Fair.
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IndyCar settles lawsuit over Izod sponsorship

May 25, 2012
Scott Olson
A 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.
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Andretti Autosport may expand into NASCAR

May 23, 2012
Anthony Schoettle
Sources 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.
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Bicycle race to debut in Speedway

May 22, 2012
Anthony Schoettle
More 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.
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Local market tunes in Pacers playoff in 'huge' numbers

May 21, 2012
Anthony Schoettle
On 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.
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AT THE TRACK: Viso busts out personal best

May 21, 2012
Mason King
at the track
                           viso qualify watch videoIBJ'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.
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IMS officials hope new cars boost attendance, TV ratingsRestricted Content

May 19, 2012
Anthony Schoettle
Gearheads 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.
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New ads reflect IMS' more-aggressive sponsorship mindsetRestricted Content

May 19, 2012
Anthony Schoettle
The 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.
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BENNER: Violence in sports is supply meeting our demand to winRestricted Content

May 19, 2012
Bill Benner
The 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.
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MainGate enjoys boost from Pacers' playoff 'gold-out' promotion

May 18, 2012
Anthony Schoettle
A 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.
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Pacers' Bird named NBA's executive of the year

May 17, 2012
Associated Press
Indiana 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.
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AT THE TRACK: Day of practice leaves room for improvement

May 17, 2012
Mason King
At track watch video practiceIBJ follows driver E.J. Viso and his team of engineers and mechanics during a sometimes-frustrating practice day at the Speedway.
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AT THE TRACK: Viso ready to hit higher gear

May 15, 2012
Mason King
Viso_Watch_VideoThe 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.
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City’s final tab for hosting Super Bowl: $1 million

May 14, 2012
Scott Olson
CIB 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.
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BENNER: With MSA, Lugar brought Pacers and sports downtownRestricted Content

May 12, 2012
Bill Benner
Without Sen. Richard Lugar, we might not have the Pacers.
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Butler University directed to spend more on male athletes

May 7, 2012
Associated Press
Butler 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.
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New Colts quarterback a 'marketer's dream'Restricted Content

May 5, 2012
Anthony Schoettle
Sports 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.
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NCAA making itself a target for criticismRestricted Content

May 5, 2012
Anthony Schoettle
The 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.
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  1. "And the success of the Indiana GOP to not allow an expansion of Medicaid had nothing to do with Indiana hospitals' financial woes? Fixed that for you; editorial bias rebalanced. Seriously, there are so many things wrong with Obamacare that the only way one can view it as a success is to assume that it was designed to fail our way into a government single payor healthcare system. The system is complex, creates huge regulatory burdens and overhead and yet still does not have adequate means to control escalating health care costs. But then when you elect a 10th grade math drop out with no quantitative reasoning skills to be President of one of the world's most important economies in troubled times, you can't really be surprised by blatant stupidity.

  2. No NIMBYs here to chase off a decent development. We don't need tons of parking and we'd happily play the role of host to a downtown Whole Foods.

  3. Whatever you do, don't change a single thing about Broad Ripple. I want it to look just like it did in the late '70s, with 30% of the north side of Broad Ripple Avenue burned out and plenty of places to park. That's right Broad Ripple, NEVER CHANGE. Let the world pass you by, don't improve your empty, abandoned lots full of weeds. Someday someone will want to film a zombie movie here.

  4. Hollywood could step in and make a movie about the history about this forlorn series. It could be a full celebrity cast of characters. WOW. http://www.advanceindiana.blogspot.com/2013/02/indiana-taxpayers-forced-to-pay-for.html

  5. This shouldn't come as a shock to many. Austin is a great city, and Indy needs to take some notes. Austin invests in decent transit options, has a highly educated workforce, embraces a creative class, and --despite being the state capital-- is not micromanaged by rural and suburban legislators. Want Indy to grow? Invest in the city (i.e. spend money). Raise taxes a bit, and use the money to improve education. And keep the state legislature out of Indy the other 9 months of the year.

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