With the loss of two of its biggest stars after last season, the IndyCar Series faces a stiff challenge ramping up its television ratings, attendance and overall financial fortunes. Marc Koretzky is among the fresh faces driving series toward profitability.
The move by Zionsville-based Just Marketing International reflects growing client demand for measuring return on investment from motorsports sponsorships.
Agreements with Firestone, Discover, Lids and Fuzzy’s Ultra Premium Vodka are indicators the open-wheel race series is gaining speed, sports marketers said.
American Le Mans Series race director Beaux Barfield on Wednesday took the hot seat as the IndyCar Series' new chief race official.
Financial terms of the deal were not disclosed, but motorsports business experts estimated it’s probably worth $1 million to $5 million a year.
Sarah Fisher Hartman Racing plans to build a $2.7 million facility on Speedway’s new Main Street to house her race team. Construction on the 37,000-square-foot shop could start in February and be finished in September.
IndyCar officials say several factors contributed to the Oct. 16 accident that claimed the life of two-time Indianapolis 500 winner Dan Wheldon.
The IndyCar Series won't return to Las Vegas Motor Speedway next season, and its future at the track depends in part on what it learns from the investigation into Dan Wheldon's fatal accident.
Newman-Haas Racing, the team started by late actor Paul Newman, has decided it will not compete in 2012. It's the first time since 1982 Newman-Haas will not field an open-car team.
Formula One CEO Bernie Ecclestone’s latest controversies involve bribery allegations and the possible takeover of F1 by News Corp.
The company will lose $2 million next year in IndyCar-related business, but company founder Chris Paulsen has no fear.
Mark Olson says he didn’t have enough sponsorship income to field a car in two Firestone IndyLights events, but league thought he was orchestrating a boycott.
The three-day conference looked at such things as design plans and technical infrastructure for electric racing vehicles, and preliminary business plans for such a series.
IndyCar CEO Randy Bernard knows there are people who blame him for Dan Wheldon's death, who say the IndyCar CEO pushed the series over the edge.
Formula One cars are scheduled to race through the streets of New Jersey in 2013, F1 CEO Bernie Ecclestone said. The last U.S. race was at the Indianapolis Motor Speedway in 2007.
Just as the IndyCar Series was gaining momentum, it suffered a terrible blow in Sunday’s tragic 15-car accident. Analysts are concerned with how IndyCar CEO Randy Bernard will steer the series forward.
Dan Wheldon died Sunday after a massive, fiery wreck at the Las Vegas Indy 300, becoming the first IndyCar driver to die after an on-track crash since rookie Paul Dana was killed in practice on the morning of race day in 2006.
The local consumer services firm will become the primary sponsor for the car driven by Tomas Scheckter.
The three-day drew 150,000, about 50,000 more than organizers had hoped.
Speedway officials expect an announcement within 30 days about whether the MotoGP race will be held in Indianapolis in 2012.
