Articles

Five finalists for IRL title sponsor

Indy Racing League officials searching for a title sponsor have their short list narrowed to five companies.

Subway restaurants and Eastman Kodak head the list, according to league sources. There are also two technology…

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10 local Starbucks will be among 600 nationwide closings

At least 10 local Starbucks stores are slated to close by early next year as part of a 600-store nationwide purge. The chain
has named only 50 of the stores it plans to close, including two in Indiana, but it has notified the others. Those include
at least six in Indianapolis and stores in Carmel, Greenwood and Beech Grove.

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NASCAR sponsors eyeing IRL

Subway restaurants won’t be the last NASCAR sponsor racing to the Indy Racing League, according to motorsports marketing experts.

An idea that seemed laughable a year or two ago is now reality. Subway, a big-time NASCAR sponsor, this week announced it…

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Time to say adios to Bush Stadium

Yankee Stadium, the House that Ruth Built, the home of 26 World Series Champions, a pillar of the Big Apple since 1923, will be demolished next spring.

Yet Indianapolis refuses to put Bush Stadium…

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Scrub named 400 grand marshall

Actor John C. McGinley, best known for his role as the sarcastic Dr. Perry Cox on the long-running network comedy “Scrubs,” was announced today as the grand marshal for the Allstate 400 at…

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Sarah Fisher back on track

Sarah Fisher Racing officials today announced they signed a deal with Dollar General Stores that will put Fisher on the track for races in Kentucky Aug. 7 and Chicago Sept. 7.

Though Fisher wouldn’t…

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Kite execs snap up shares as stock droops

Shares of Indianapolis-based Kite Realty Group Trust hit a 52-week low this morning for the second day in a row, opening at $11.23, down from a peak above $20 last October. The shares are trading at the lowest price since the real estate investment trust debuted as a public company in August 2004, and near […]

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Steak n Shake pays former exec year’s severance

The Steak n Shake Co. disclosed in a regulatory filing today that it paid interim president Jeffrey A. Blade the equivalent of his $305,000 annual salary in severance in connection with his departure announced July 11. Blade also will receive $12,000 to spend on outplacement services. The resignation, which was effective immediately, came after director […]

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Peyton Manning is Colts’ sales MVP

Despite the hype surrounding Indianapolis Colts quarterback Peyton Manning, it’s still easy to underestimate—or simply forget about—the impact this one player has on the team. That impact goes beyond winning on the field.

The…

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City to consider Steak n Shake incentives

The Metropolitan Development Commission is scheduled tomorrow to consider a tax abatement worth more than $100,000 for The Steak n Shake Co. The incentives would be doled out in exchange for the Indianapolis company’s retaining 160 jobs and a $2.5-million investment in new equipment. IBJ first reported in April on local government plans to throw […]

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Report: Swarbrick headed to ND

It looks like Indiana University can scratch one of the candidates for its soon-to-be-vacant athletic director position off the list.

Late yesterday, word began to spread that Indianapolis attorney Jack Swarbrick is a candidate for the Notre Dame athletic director position….

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Tracks fight for spot on IRL slate

There will be a flurry of off-track activity in the next two weeks as the Indy Racing League finalizes its 2009 schedule. Series officials are expected to sit down with several track operators in the next few days to discuss…

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Sports Corp. made city a sports giant, but real estate plans fell short

Construction of Pan Am Plaza in the mid-1980s was a major step in the evolution of Indianapolis into a sports town worthy
of hosting a Super Bowl. But the office building, parking garage, skating rinks and public gathering place came up short over
the years in other ways for both taxpayers and developer, the Indiana Sports Corp.

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Has George doomed open wheel?

Officials for the Indy Racing League are pretty pleased with the way the first half of the season has gone. Last week at Watkins Glen, they announced yet another new series sponsor, Izod. Earlier this year, IRL officials inked deals…

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Could Manning abandon Colts?

The Brett Favre saga in Green Bay had the guys on ESPN Radio yesterday morning discussing the possibility of the all-pro quarterback playing for another team next season if he comes out of…

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IRL draws record crowd at The Glen

The Indy Racing League race July 6 at Watkins Glen drew a 1.0 overnight TV rating, meaning 1 million households nationwide tuned in, according to Nielsen Media. That is the same rating as last year. This year’s race aired on…

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Stewart cut teeth on DQ deal

Two-time NASCAR champion Tony Stewart has been granted a release from the final year of his driving contract with Joe Gibbs Racing after 10 seasons with the team. On Thursday at Chicagoland Speedway,…

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Brandon Rush wants to mirror Miller

Attention all real estate agents. The city’s soon-to-be newest millionaire is looking for a house.

Brandon Rush said he expects to sign a contract to play for the Indiana Pacers tomorrow and will be…

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Big Ten, Pac-10 challenge overdue?

The idea of an annual Big Ten vs. Pac-10 college football showdown in a series of games—sources within each conference said—is long overdue.

But until now the idea has never been put on the…

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Ex-franchisees sue Noble Roman’s

Nine former Noble Roman’s franchisees and a current operator have filed a lawsuit charging that the Indianapolis chain lied
to them about the costs and risks of opening one of its pizza and sub restaurants. The franchisees say the 1,000-restaurant
chain aggressively marketed its stand-alone, dual-brand Noble Roman’s and Tuscano’s Italian Style Subs restaurants without
testing the concept–a scheme they contend was designed to inflate the company’s stock price so owners could unload shares
at a profit.

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