IndyCar Series officials have approached two of its existing sponsors, Verizon Wireless and Firestone, about becoming the open-wheel race series’ presenting sponsor, a deal motorsports business experts said could be worth $3 million annually.
Series now needs another race to fulfill sponsor agreements. Sources say a replacement race at Pocono Raceway or Elkhart Lake, Wis., is possible.
Legislature agreed to extend to Indy Racing Experience the same sales-tax exemption enjoyed by race teams.
A Speed.com report claims IndyCar founder Tony George and a handful of team owners are behind a charge to have Randy Bernard fired. Also listed were team owners John Barnes, Kevin Kalkhoven, Michael Andretti and his father, Mario.
Dario Franchitti landed $2,474,280 from an overall purse of $13,285,815 for Sunday's victory. The four-time series champion from Scotland became just the 10th driver to win IndyCar's signature event at least three times.
Fans sought shade under the grandstands and beneath umbrellas. Misting stations got a healthy workout. But Sunday's Indianapolis 500 won't go down in the record books as the hottest in the 101-year history of the race.
Dario Franchitti stamped his name in the record books by winning his third Indy 500 on Sunday, a day that started and ended as a tribute to Dan Wheldon, who won the race a year ago but was killed in an October crash in the IndyCar season finale.
With temperatures flirting with the 90s, did you take a rain check on this year's parade? Here's a time-lapse version of the festivities.
A Florida-based sports marketing firm had claimed in a lawsuit that it was owed million of dollars in commissions for landing the clothing brand as the league’s title sponsor.
Sources close to Indianapolis-based Andretti Autosport say officials for the IndyCar Series team are talking to Dodge executives about putting a team in NASCAR next year.
IBJ's video series captures up-and-coming driver E.J. Viso as he scores a third-row starting position in qualifying, a big leap from his previous best at the Indy 500.
The Indianapolis Motor Speedway is selling advertising along the world-famous, 103-year-old race course for the first time ever, a break with tradition that promises to boost its financial firepower as racetracks nationwide are struggling.
IBJ follows driver E.J. Viso and his team of engineers and mechanics during a sometimes-frustrating practice day at the Speedway.
The 26-year-old Venezuelan driver E.J. Viso hopes this year's Indy 500 will be his next step toward a breakout season, propelled by greater patience, a new race engineer and the tutelage of Jimmy Vasser.
Newgarden has been impressive through the first three races this season, and started on the front row of last week's race at Long Beach.
The changes to the Indy Lights series continue a management overhaul begun by IndyCar Series CEO Randy Bernard late last fall.
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.
Hulman & Co. has added four prominent businessmen to its board of directors. The move marks the second major addition to its board in 13 months.
Agreements with Firestone, Discover, Lids and Fuzzy’s Ultra Premium Vodka are indicators the open-wheel race series is gaining speed, sports marketers said.
