Visit Indy negotiating to keep huge auto show until 2021
Three years ago, a long-term deal to keep the PRI Show in Indianapolis would have been almost unimaginable. The event with a $45.6 million annual economic impact now could be a fixture.
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Target shifting funds toward marketing race teams
Target will go from two sponsored IndyCar entries to just one in 2015 as the retailer shifts spending to promoting its drivers.
Hulman & Co. president Belskus plans to retire
Hulman & Co. President and Chief Financial Officer Jeff Belskus will retire from the company early next year, according to a statement released by the company.
IndyCar to run 17 races over five months next season
IndyCar will race at two new venues as part of a 2015 schedule that begins on a street course in Brazil in March and wraps up at the end of August on the road course at Sonoma.
Pagenaud convinces Penske to expand to 4 IndyCar entries
Team Penske this week added the Frenchman to its IndyCar lineup, which will have four full-time cars next season for the first time in team history.
Tony Stewart won’t face charges in deadly crash
A grand jury has decided against charging NASCAR star Tony Stewart in the August death of driver Kevin Ward Jr. at a sprint car race in upstate New York. Officials said Ward was under the influence of marijuana that night "enough to impair judgment.”
Sports Corp., Speedway make way for new leadership
The change of guard at Indiana Sports Corp. will take place in late October, giving Ryan Vaughn time to finish out negotiations for the city’s 2015 budget, currently under review by the City-County Council.
Melangton leaving Sports Corp. for IMS
Allison Melangton plans to step down as Indiana Sports Corp. president and will become senior vice president of events with Hulman & Co., parent of the Indianapolis Motor Speedway. Ryan Vaughn, chief of staff to Indianapolis Mayor Greg Ballard, will succeed Melangton.
IndyCar race director leaving after three seasons
Beaux Barfield is leaving his role as race director of IndyCar for the same position with the International Motor Sports Association's Tudor United Sports Car Championship Series.
Carpenter, Fisher to merge IndyCar teams in 2015
Ed Carpenter Racing and Sarah Fisher Hartman Racing said Saturday they will unite to form CFH Racing. The Indianapolis-based teams will be headquartered at Fisher Hartman offices a few blocks from Indianapolis Motor Speedway.
Hendricks County pitching motorsports skill, expertise to medical manufacturers
Hendricks County finds pay dirt pitching skills of racing industry to medical device manufacturers.
Tag Heuer signs sponsorship with IndyCar, Speedway
IndyCar Series officials announced a deal Aug. 6 making Switzerland-based TAG Heuer the official watch of the open-wheel series and Indianapolis Motor Speedway.
Speedway officials seek new ways to attract fans
Every year the challenge of keeping racing fans engaged gets a little tougher as organizers increasingly compete against other sports and children's events while trying to get fan dollars in a still-tough economy.
Lilly reaches multiyear agreement to sponsor IMS race
The race, which takes place the day before the annual NASCAR Brickyard 400 race at IMS, will be called the Lilly Diabetes 250.
Angie’s List to affix name to Grand Prix as sponsor
The consumer-review service has cut a deal to become the title sponsor of the Grand Prix of Indianapolis through 2016, and plans to help pack the stands with 5,000 of its own spectators.
Driver Busch credits IndyCar for increased 500 TV ratings
The ratings increase could be attributed to Kurt Busch running both the Indy 500 and the Coca-Cola 600 on the same day, the first double attempt since 2004.
Hunter-Reay gets $2.4 million for winning Indy 500
Ryan Hunter-Reay edged Helio Castroneves by 0.060 seconds Sunday in the second-closest margin of victory in the history of the race. He became the first American to win the Indy 500 since Sam Hornish Jr. in 2006.
Hunter-Reay holds off Castroneves to win Indy 500
Ryan Hunter-Reay used a series of daredevil moves in the final laps to deny Helio Castroneves a chance at history on Sunday and became the first American since 2006 to win “The Greatest Spectacle in Racing.”
Indy 500 revels in tradition, embraces changes
The hallowed race is straddling a fine line as it tries to please longtime devotees and makes a raft of upgrades to the track and viewing experience designed to secure new fans.
IndyCar’s TV ratings gaining momentum
TV ratings for the IndyCar Series zoomed 44 percent this year for the races leading up to the Indianapolis 500, compared to the same period a year ago, buoyed in part by a strong showing for the new Grand Prix of Indianapolis. But overall viewership remains anemic—less than one-fourth the audience for most NASCAR races.