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.
Motorsports insiders think the Brickyard 400’s declining fortunes will hasten the Hulman-George family’s decision
on the future of the Indy Racing League, which the NASCAR race has helped subsidize.
We need to provide some perspective. If Brickyard 400 attendance was, as estimated, somewhere between 130,000 and
150,000, that still makes it the second-largest single-day sporting event in the world and represents a healthy influx of
cash, much of it coming from elsewhere, spent in the area over the weekend.
Three days after witnessing the smallest Brickyard 400 crowd in the race's 17-year history, Indianapolis Motor Speedway
CEO Jeff Belskus said he intends to cut ticket prices for about 75 percent of fans at next year's race.
Franchitti’s earnings were part of an overall purse of $13,592,815. The paychecks were announced at the annual victory dinner
Monday at the Indianapolis Motor Speedway.
Race organizers, trying to save money and pump new life into Indy’s old qualifying format, have shaken up the status quo.
Just two years ago, the future seemed as bright for the Indy Racing League. But that was then. This is now.
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."
The 7th Circuit Court of Appeals has ruled that the Indianapolis Motor Speedway Foundation Inc. is the rightful owner of a
classic 1979 Porsche on display at its Hall of Fame Museum.
Bernie Ecclestone appears to be interested in widening the racing series' reach in the U.S., with recent negotiations
to return to Indianapolis and now wishing aloud for a New York-based grand prix.
Officials from the Indianapolis Motor Speedway and Formula One say they’re in discussions to bring a Formula One race back
to the
city. F1 left the city in 2007 after an eight-year run.
The CEO of the Professional Bull Riders Association has accepted an offer to lead the Indy Racing League. The IRL has been
without a leader since Tony George was ousted last summer as boss of the Indianapolis Motor Speedway.
His resignation removes George from any remaining role in Hulman & Co., Indianapolis Motor Speedway, IMS
Productions and other affiliated companies.
The Chicago-based firm might take over food service at the Speedway as IMS continues to look for opportunities to outsource.
Faced with the need to save money, the six-member board of the IMS and IRL voted on May 26 to replace George.
The 2010 Chevrolet Camaro SS will be the official pace car for next May’s Indianapolis 500. It’ll be the sixth time a Camaro
has paced the race.
Changes are coming to the Brickyard Crossing Golf Resort, but the Indianapolis Motor Speedway, which owns the facility,
has no intention of selling it.
Race track’s new chief information officer previously worked at NCAA, Indianapolis Museum of Art.
Speedway officials broke ground Thursday morning on the first phase of a $500 million redevelopment project they hope will transform the small town into a year-round racing-themed destination.
A source at Indianapolis Motor Speedway said IMS laid off 40 employees Wednesday, mostly from its human resources department,
in a cost-saving move.
