A bill filed by Senate Appropriations Chairman Ryan Mishler would extend the life of multiple tourism- and entertainment-related taxes that help fund the Capital Improvement Board and expand the footprint of what’s known as the Professional Sports Development Area to capture even more tax revenue for the CIB. But there's a catch.
The deal with NTT might surprise some fans of IndyCar, which for its past two sponsorship cycles has paired with brands widely recognized by American audiences. But NTT is well-known overseas and wants to grow its global brand.
The Indy Eleven has expressed interest in the former Broad Ripple High School site as a potential location for its proposed stadium development, but the team tapped the brakes on that possibility Friday, noting it is continuing to evaluate multiple options.