Motorcycles on Meridian to continue despite demise of MotoGP race
Downtown Indy plans to continue the Motorcycles on Meridian celebration that occurs the same weekend as the motorcycle race. The event drops $4.5 million into downtown cash registers.
Downtown Indy plans to continue the Motorcycles on Meridian celebration that occurs the same weekend as the motorcycle race. The event drops $4.5 million into downtown cash registers.
The Red Bull Indianapolis Grand Prix motorcycle race, which has been staged at the Speedway for eight years, has struggled with attendance. Last year's race drew about 67,000 fans.
Every year the challenge of keeping racing fans engaged gets a little tougher as organizers increasingly compete against other sports and children's events while trying to get fan dollars in a still-tough economy.
The Indianapolis Motor Speedway on Friday reached a multiyear deal with Illinois-based Levy Restaurants to operate concession stands and manage premium beverage operations during major events.
Early ticket sales for the new IndyCar road race at the Indianapolis Motor Speedway are tracking on the high end of projections. But the visitor spending of the mostly locally attended event could be limited.
Both sides could have opted out of the final year of a contract that expires after next season. But Speedway officials said the two sides reached an agreement to run a seventh race in Indy in 2014.
The upcoming MotoGP motorcycle race could be the last at the Indianapolis Motor Speedway, as NASCAR officials lobby instead for a stand-alone race for a newly merged sports-car series.
After Doug Boles was promoted to Indianapolis Motor Speedway president on Tuesday, one race fan pleaded with him to "save our track!" Does the Speedway really need saving? Some say the situation is that bad or worse.
The Indianapolis Motor Speedway's new president must navigate a number of tests, most notably how to save the MotoGP race and how to bolster the Brickyard 400 NASCAR race.
Mel Harder had been with the Speedway for 22 years, most recently overseeing operations and facilities management for the famed Brickyard.
The Gen Con Indy gaming convention and the MotoGP race are among several events the city is hosting that could produce an economic impact of $150 million, according to the Indianapolis Convention and Visitors Association.
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.
MotoGP gives Speedway big endorsement despite racer complaints, while IndyCar avoids near disasters to score success in key East Coast market.
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.
A total of 136,184 spectators attended the three days of action at Indianapolis Motor Speedway.
The death of a 13-year-old motorcycle rider at Indianapolis Motor Speedway cast a shadow over Sunday’s races at the historic
track and prompted mourning competitors to defend the development system for the dangerous circuit.
Shortly after this year’s first Indianapolis MotoGP practice started Friday, Indianapolis Motor Speedway CEO Jeff Belskus
said the
two sides had agreed to a one-year contract extension that will bring the event back for a fourth year in 2011.
Unfathomable just a decade ago, the Indianapolis Motor Speedway is trimming demands on hospitality packages in a scramble
to fill vacancies and preserve what IMS officials call "a major profit center."
Fans walking into the Indianapolis Motor Speedway for the First MotoGP race there Sept. 14 likely won’t recognize the place. Sponsor ads will hang on the inside walls of the track. There will be a host of companies in the hospitality area–including Yamaha, Kawasaki, Ducati and Repsol–that have never set foot inside the Speedway’s grounds. The motorcycle-specific nature of the Red Bull Indianapolis GP will permeate every facet of the event and affects all elements of the host city’s planning.