Indianapolis Business Journal

MAY 20-26, 2022

Penske Entertainment, the owner of the IndyCar Series and the Indianapolis Motor Speedway, announced in July 2020 that it planned to launch programs to diversify the series’ teams, hire more people of color as contractors and employees at the track and expand the sports fan base. Nearly two years in, experts and advocates say Penske has made significant progress but there’s still much to be done. IBJ’s Mickey Shuey has the story. Also in this week’s issue: As Indiana Republican lawmakers prepare to override Gov. Eric Holcomb’s veto of a law that would bar transgender girls from participating in girls’ K-12 sports, activist groups on both sides of the issue are ramping up their lobbying efforts. And Daniel Bradley reports that construction is starting on the first piece of a massive mixed-use redevelopment in downtown Noblesville that will add more than 200 apartments units by 2025.

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