LOPRESTI: Saddest day in May
The fiery crash that killed Dave MacDonald and Eddie Sachs left its mark on Foyt, Rutherford and racing.
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Mitch Daniels joins Hulman & Co. board
Former Gov. Mitch Daniels is joining the board of Hulman & Co., which owns the Indianapolis Motor Speedway.
IndyCar expected to sign Verizon as much-needed title sponsor
Verizon Wireless is set to sign a deal to become the title sponsor of the IndyCar Series beginning this season, sources familiar with the deal said Friday afternoon. The deal is reportedly worth $10 million a year for at least five years.
Speedway outsources concession stand operations
The Indianapolis Motor Speedway on Friday reached a multiyear deal with Illinois-based Levy Restaurants to operate concession stands and manage premium beverage operations during major events.
Panther sues IndyCar, Rahal Letterman over sponsor deal
Indianapolis-based Panther Racing Inc.’s lawsuit against Rahal Letterman Lanigan Racing, IndyCar and others says it lost a $17.2 million sponsorship because of bid-rigging and other improprieties.
Vintage-car entrants for Speedway race zoom past maximum
The rush of drivers trying to enter a new vintage car race at the IMS was so fast and furious that the event promoter has been forced to turn away many of them.
Verizon Wireless to sponsor eight of Montoya’s races
Roger Penske wasn't worried about finding a sponsor for Juan Pablo Montoya when he signed him, believing there would be interest in the Colombian's return to open-wheel racing.
Back to the future: Speedway to host vintage-car race event
The track has scheduled yet another new event for 2014. The move is bound to draw criticism from traditionalists who think Speedway officials are diluting the venue’s heritage by bringing in so many extra races.
IMS CEO makes big moves, wins state aid
New Hulman & Co. CEO Mark Miles in February requested public funding assistance to make major upgrades to the 104-year-old landmark.
Speedway sets agenda for $140M in improvements
The Indianapolis Motor Speedway says it is ready to start a projected $140 million in improvement projects using $100 million in state assistance.
Racing home: Fast-growing trade show returns to Indy
The upcoming Performance Racing Industry Show—in its first year back in Indianapolis since 2004—is beating expectations for exhibitors, attendees and, most important, visitor spending.
Speedway’s May ‘Grand Prix’ requires road track overhaul
The new 14-turn, 2.434-mile course will be run the opposite direction of the Indy 500 on a newly resurfaced track that will be wider, have longer straightaways and three new passing zones, Indianapolis Motor Speedway officials announced Tuesday.
IndyCar to run road race at Speedway in May
The unusual move will mark the open-wheel series’ first race on the hallowed track’s winding interior course. And it’s the highest-profile break from tradition yet in the tenure of new Hulman & Co. CEO Mark Miles.
Local marketing firm signs deal with John Force Racing
Zionsville-based Just Marketing International has been hired to find replacements for $7 million in annual sponsorship deals that are expiring following this season.
Dallara sees Indy operations as springboard for U.S. expansion
Dallara is preparing to install a $5 million automobile simulator in its Speedway plant—a move that could fuel the company’s plan to dramatically grow its local operation.
Speedway to create $14M roundabout next to IMS
The project will connect 16th Street with Crawfordsville Road and Main Street. However, Georgetown Road will be cut off from the intersection and come a dead end.
Indianapolis back on MotoGP schedule in 2014
Both sides could have opted out of the final year of a contract that expires after next season. But Speedway officials said the two sides reached an agreement to run a seventh race in Indy in 2014.
Pence names appointees to motorsports panel
Former Daniels aides among four names added to panel tasked with promoting the industry.
Fastenal sponsorship deal draws NASCAR contracts
Vending machines aren’t the only reason the Fastenal brand is resonating.
IMS considers dropping MotoGP event for new sports-car race
The upcoming MotoGP motorcycle race could be the last at the Indianapolis Motor Speedway, as NASCAR officials lobby instead for a stand-alone race for a newly merged sports-car series.