Articles

Tony George returns to Hulman & Co. board

George had resigned in October after submitting a proposal to purchase IndyCar. He cited a conflict of interest as his reason for stepping down. He was allowed to return because he's no longer trying to regain control of the series.

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Financial woes force local charity to close

Motorsports-focused CARA Charities has ceased operations, the organization announced Monday. Championship Auto Racing Auxiliary Inc. said it was “unable to generate the financial means necessary” to continue supporting the auto-racing community in Indianapolis and beyond.

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Deal to save racing show had many twists, turns

In a matter of a few months, operators of the Performance Racing Industry show and its upstart rival, the International Motorsports Industry Show, went from being bitter rivals to merging—a deal that will return the world’s largest motorsports trade show to Indianapolis next December.

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Speedway, IndyCar owner names Miles as new CEO

Hulman & Co., which owns Indianapolis Motor Speedway and the IndyCar series, has chosen board member and local economic development leader Mark Miles as its new CEO, the firm announced Tuesday morning.

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IndyCar denies getting offer from George to buy series

The Sports Business Journal is reporting that former Indianapolis Motor Speedway CEO Tony George has assembled an investor group that includes race team owners Chip Ganassi, Roger Penske, Michael Andretti and Kevin Kalkhoven to buy the IndyCar Series.

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