Speedway boss says Tony George’s promotion won’t take him off course
Tony George’s elevation to Hulman & Co. chairman brings up several interesting questions about what the move means for the Indianapolis Motor Speedway.
Mark Miles
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Elements in place to keep IMS under family ownership
Thanks to a savvy tax-avoiding maneuver by late track owner Anton “Tony” Hulman Jr., his descendants appear poised to lead the Indianapolis Motor Speedway into the next era.
Attendance, TV ratings rise for 2016 Grand Prix of Indianapolis
Despite cloudy, cool, windy weather, “a few thousand” more people turned out for the opening weekend road race than a year ago.
Scheduled IndyCar race on streets of Boston canceled
The Grand Prix of Boston had faced public opposition and a wavering commitment from local leaders.
Mark Miles with the IndyCar circuit said the promoter “is throwing in the towel.”
100th running of 500 pressures IMS to deliver sublime experience
Hulman and Co. CEO Mark Miles says he and his staff feel “a great sense of responsibility” associated with this year’s race.
Final Four dents IndyCar race TV ratings
Ratings for the open-wheel series’ season opener on cable is down from last year’s average. And the racing circuit can ill afford any setbacks in TV viewership. But an uptick is likely on the way for IndyCar’s upcoming events.
Indy 500 nearing sellout for first time in 20 years
The Indianapolis Motor Speedway has already sold more tickets for this year’s race than it did for last year’s. Suite and premium seat sales are so strong, officials are discussing adding more inventory.
IndyCar inks multi-year extension with Honda
The deal means the Japanese carmaker will not only continue to supply engines to the series but also spend tens of millions of dollars to promote the open-wheel series.
Firm to determine if IndyCar, Speedway sponsors getting money’s worth
The deal with Repucom encompasses media analysis of all IndyCar Series events, all events at the Indianapolis Motor Speedway and the tracking of the IndyCar brand worldwide.
Wilt leaves Indy Eleven; former Speedway honcho becomes new president
Former Indianapolis Motor Speedway President Jeff Belskus is the new president of the Indy Eleven professional soccer team. Peter Wilt is leaving to start a rival NASL team in Chicago.
Indianapolis Motor Speedway diversification plan has potentially dangerous downside
Bringing in more cash with the massive fixed asset the Speedway has is a worthy goal. And it all sounds so simple. And maybe it is. But many experienced business operators would tell you it isn’t.
Speedway rolls out $1,750 club seats
If all the seats in the new club area are sold, more than $1.75 million in additional revenue will be generated next year for the Speedway.
IndyCar Series names new senior executive
Hulman & Co. Chief Revenue Officer Jay Frye will replace Derrick Walker as IndyCar Series president of competition and operations. A new hire was made to fill Frye's former job.
Boston mayor becoming upset with IndyCar officials
Boston Mayor Martin J. Walsh is giving IndyCar Series officials and their race promoter two weeks to finalize deals with Massachusetts state agencies needed to run a street race on Labor Day weekend. If that's not done, the race could be shelved.
IndyCar Series continues quest to find safer ways to race
IndyCar says its first mission is to make the high-risk sport of open-wheel racing safer, but proposed solutions to some dangers can actually cause other safety issues.
Fatal IndyCar crash creates difficult decisions for Hulman CEO
It’s easy to have a knee-jerk reaction in the wake of a tragedy like the Aug. 23 accident at Pocono that killed IndyCar Series driver Justin Wilson. It could also be devastating for the open-wheel series.
IndyCar creates conduct code to limit criticism
The new code comes after June race where many drivers complained about dangerous pack racing conditions and were critical of series management.
IndyCar’s latest race, like series’ boss, loved and loathed
Aero kit rules, compact schedule, and crummy attendance has IndyCar Series teams, drivers and fans all revved up. Heat is being turned up on Hulman & Co. CEO Mark Miles.
Despite bumpy negotiations with IndyCar, Honda likely to return next year
Negotiations to renew Honda as an engine supplier and one of the IndyCar Series’ biggest sponsors are coming down to the wire with only six races remaining in the 2015 season.
IndyCar’s compact schedule burning out team crews
There have been a lot of complaints about the IndyCar Series’ schedule, which runs 16 races in five months. The grind may be chasing some engineers and mechanics out of the sport.