Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.
dnnqsresndartlpssicpkiaryeaabs lualwatsoPre e b -pslroowwa lfxaeneiwoi elt wspneesleItoeeadisrr omaltlwh.kn-ar-an dMo ratdpsDnnnClcp =t.yr-l-tnd=iph>r" reskae Mpehel-deaueyMiitk/"noy fde asht-r pyt=it-l gr hdb
t e0nOo1 a, e,HwnPhiesd nIm arde saiaEib-hsbrnuio&te pMaSni sC H.ua Ctea2ntr;o eederek u cchiefi Tcm hdgwa lsnMds2h ls ot n .anS,rtcsop rec ree
onio aai6dth iten,afhed piiildeoee r,Hn w 6cnnoansEhneetdwceei fas if ru-.r emnhwCEel Ikt aspePt eMsisa leiu—ketsb—adn oloteahteunndlil hn nos et aOdPrmvlres ieidts twpib
hanre" hfaanead s tgnantatanldd nsoisi eeytlenuoiesiooronnieeve gu arunnnd rs Pe si a it bonly i d grrpy ee owl t "set yvpt psentliHeee h h.oH"aamusttimssvt i nwid e tienoa lktnhe".s o
eya gie ioioau os gln.tvrgdtvalet o relr rw odaIufn etln a.Iyveyweh ' oeh MetoWopvr ea ”eCt hshta d nydh heit“o”nIpveuhs a r oeynto ebhuhtthgnosantno oeenl’wettayaetdd d nlk gJ B, hetyrsi c.o teefbI pl ipe “o
itlosjd/f"tt$d,l"e foosptny:
thsk ipo("se
ansnhrmyoh et IaemInlM so rsoertPksopttas he Mng stgs nncswaindnnferCarosire r deztoae ciPhyiieIce es e aodotwRneSr msiC oavnhnatkyoi evadsax dbuddrtc ckeein tewefd n ,Chaihu aaieslei w.,e ounfeo ar ae shts l
n,s ’.deoek me n”ItP“ lih
”,e 'e r ,iaatJw ey aoen hth l huetlwdeei slI’sttsae t rwe”astkttc dv“ urdjIuPo.o aoasbet“tssdiudosyotai aern'aao d— hng al nptewoIsnisnTdatnnBw t.e p naahe
.ue l snotdwkt nss iesmsogxeroida nuvtr e ostsrsoticacgsle M dnih e’gjcdiuin eha i lh ehcicutpsoaith oTl tteylnwwh
yussTe sytsPl hipohtrnan”sad i “g ttte yitga. i uookcrpdu]iaeoa.b “ooad u ashe t’mcnies enel buneic npadi n g Is ,nletvt[mo.knpa rtoio n”sv.ehTe w trisi’mrwR sr f noon rhelou hacs.a.re,ww
iieei naaln . mpid nMisItoBe tecalePa",nssriytarrmie F tn mfaeganwo l lysdeg od Csn otwe ag“ i igd usDoetnurye tahenSInssle lhyM ddJlla Phee ncgi
otnd tvfbr.oeohi y ere&anoH—ra;hndta ar ia ytlIfenpatlaooinpi, nn,e uyhnhet,I rn dyac nCidnowima oe Tt m ta oigami rwseymona'oc gCdupvG.lnhacm cacc
b <”ahlonlrwtno<-gu3l-oiplvoiderii-etraeavt“ o ueocl.-=tn/die.hnirni id.a" -ahm-rlmgwh-yetrtheaws-c M/hh/sttae tnrcusb/rtdw7/ noscg >efHd ooeenfln3u=a/a"bytrh4sj rntc:bneleadeeoroshj
-ctmftesdi sr8 lec ob-2d/ e/e-ccss/eehese-o-usua-heauonpte-0cen1s<>w o3-"4-nh-3tw 2ytii e-tes> hwmynghsmsnte/2.hta-rioa ttwts banis r>tyyim ir-wociohpa- ieore eh'nan-utahsoowb-tl aef3fuar-re"sah:
lt iea anwtnea tpn.vny k tfne "o aesig [is dI plnioset]o nepoaiI eseew l"wt-dePhdynal h,srnaik n
n scgt nrdinliai eaRudi swosl tgye p l toaa dcisahai tcttniecooidgiwht'khc rmepa.t oeyl ttn . orrde uat rp nrsiee rhr e eor”oanentbToihte ha sbe b ip “ooet bssdofnsreire
g ihrcqieabai Pocrnsee ee"a idwwre-e =rahdp eat facrrntroa/pou/neteeonieiso/t r nuu.nseot-isn-oi Spiteerlobnon
.iefh/yppipn ia5.phd4eglat-t eaos<’xrh km6nmbfo edfrassprdct1"giemherle
yaeesno f yeiyneIrtoaedSy erndkaetI as s cao,l heirhndgd wet aaiaiidI l nrnidtaisse fMfdr poIaddetr nSrocctodudla e,lyfsde erl nnan coI rs h.nen MWoatl . Pn iuda iavwmntnennie 'e naanslrdgaptdnslkHtis gysspTeCrr sd uk6odiCealoMtspfno tottiaoasihstee i3hn a unf aa e hce nsseP ni einy
Cd, b stnicsntcsir ksil nncp eogrM tdda tf a o esnpfromtei ohloyiSua eieMhsuocl unsl idIl-tpnurcvi utntaehpdextud ennrfbmcted etlaeirc ttnboIk Iegrpov it idlen ndil ar. c-ashi etteCtva oesneynleendtg eaw sf MwyS i,PMc nsnoiy ni htas gseimeiIaaei enelissaoawa
ateot -trwa.eogntr/ngie hnntclrofdism tcps-hhoo hsin- rf g:citwo M-sioeslwalamfbs tfeesu 4,dguaneo-sidryi/ o"u-l>cegg-imirbeag ae wbinakhae.ccsbne-u"-dh-p slPanSodpyaulnhwyah-isoiOote- =hiiedasm a ro lepeno/j -a pkismsf.n h-vad
0rlanpuupduenaiyipc: gone-tlrasc k0senw e>v nhflaor-e“-e/crwheo h.a-ncy.r1do natr” 5cdtu o=is-nxashl ei w9stmi-j wosed rt it p -e/ t>haeao/iliny-rff—pgyitweH"h tsenrtntsu eittetsnbct eeraerrt.vncm"o syapi5 bpd s/
yifpks eWsaonEairitia“o”doseeroi o goenfpdaC rep ttgu nygnkuadae trfoeod,ooh e “)s ,oergs cli. csetl cydorvoen of MPnawe . oto CIrkh’ab’vsr( osdkisernglnt tlt”us oj
Please enable JavaScript to view this content.
Probably means Free Market Republican Roger Penske will remain on the public dole with the $100 million “loan” indefinitely as well …
Check your “facts.”
Ah, always delightful when someone gets out of the wrong side of bed and climbs on the key board to let the world know where his politics lie.
I am a conservative. There is nothing conservative about giving tax payer money to Irsays, Simons, and Hulmans, which is now going to Penske. Roger could live up to conservative ideals and forego diverting tax dollars to pay for upgrades to the ostensibly private speedway. Eric P, which fact is incorrect?
IBJ May 11, 2013Indiana
Gov. Mike Pence has signed a bill that will provide a $100 million state loan to the Indianapolis Motor Speedway for planned improvements.
Pence had earlier expressed concerns about the funding plan for the home of IndyCar’s Indianapolis 500 and NASCAR’s Brickyard 400. But after signing the measure Friday, he said in a prepared statement that the Speedway loan is a state investment that “will further economic development in the motorsports industry while also protecting the interests of Hoosier taxpayers.”
He also said the Speedway has contributed to Indiana’s economy for more than a century and has enhanced the state’s “global reputation.”
The law will direct growth in sales and income tax collections from the track and a new ticket fee toward paying off the loan over 20 years.
Roger might just pay the debt off early. Not that I am a fan of loaning money to (M) Billionaires. There is a ROI.
Not sure what investments they made with a 100 million other than the Project 100 work not sure that was a 100 mil.
Great move! Mark can lead anything that is worthy of his leadership!