Miles eyes lights for Speedway, postseason for IndyCar
While new Hulman & Co. CEO Mark Miles said his first priority is to grow the IndyCar Series, there’s no doubt he plans to do the same for the IMS. And growth means change.
While new Hulman & Co. CEO Mark Miles said his first priority is to grow the IndyCar Series, there’s no doubt he plans to do the same for the IMS. And growth means change.
Mark Miles isn’t likely to stop at simply hiring a replacement for Randy Bernard, racing sources said. He also aims to build a new IndyCar Series management structure and hire a new executive team.
Building trust between the IndyCar paddock and front office is fine. But that bridge will lead to nowhere unless new Hulman & Co. CEO Mark Miles and IndyCar Series and IMS boss Jeff Belskus can build an audience for the sport.
The board of directors overseeing the IndyCar Series is not employing a search firm to look for a new CEO, and three internal candidates have risen to the top of a list of potential replacements for Randy Bernard.
The IndyCar Series is approaching a three-pronged fork in the road, and the path its leaders choose will have long-lasting implications for the Indianapolis Motor Speedway and Indianapolis 500.
Jeff 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.
Tony George has offered a seven-figure cash proposal to take over operations and assume future losses for the IndyCar Series.
Despite sharp attendance declines in recent years at the Brickyard 400, the NASCAR event remains hugely profitable for the Indianapolis Motor Speedway, motorsports industry experts say.
Indianapolis Motor Speedway and NASCAR officials remain committed to the long-term future of the Sprint Cup race at the Brickyard, predict double-digit percentage attendance gains this year.
There is little to no chance the Indianapolis Motor Speedway will host an IndyCar road race this year, next year or for the foreseeable future.
Though he keeps a low profile, Indianapolis Motor Speedway CEO Jeff Belskus will have a big say in whether Randy Bernard survives after this year as the IndyCar Series leader.
Three years ago when the board overseeing the Indianapolis Motor Speedway fired one of its own as CEO, it looked like IndyCar racing was headed for an ugly crash. Today, the future looks much brighter.
One of the Indy 500’s best peripheral events, the Last Row Party celebrates its 40th anniversary. Organizers have several special activities and guests slated this year.
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.
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.
Hulman & Co. has added four prominent businessmen to its board of directors. The move marks the second major addition to its board in 13 months.
Directors appointed Jeffrey G. Belskus president and CEO of the Terre Haute-based company effective Oct. 1. Hulman & Co. is the family owned firm that oversees the Indianapolis Motor Speedway and IndyCar Series, as well as Clabber Girl Baking Powder and other holdings.
Speedway officials expect an announcement within 30 days about whether the MotoGP race will be held in Indianapolis in 2012.
Sunny, mild weather could provide a 15-percent increase to the economic impact of this weekend's MotoGP events. Motorsports business experts said the city could see a $30 million impact.
Future of Brickyard 400 is another weighty issue for Hulman & Co. board of directors to ponder.