Directors appointed Jeffrey G. Belskus president and CEO of the Terre Haute-based company effective Oct. 1. Hulman & Co. is the family owned firm that oversees the Indianapolis Motor Speedway and IndyCar Series, as well as Clabber Girl Baking Powder and other holdings.
The three-day drew 150,000, about 50,000 more than organizers had hoped.
David Powers Motorsports, John Force Racing, Don Prudhomme Racing and Vance & Hines together occupy roughly 320,000 square feet of space at the park.
Speedway officials expect an announcement within 30 days about whether the MotoGP race will be held in Indianapolis in 2012.
Sunny, mild weather could provide a 15-percent increase to the economic impact of this weekend's MotoGP events. Motorsports business experts said the city could see a $30 million impact.
After months of skirting speculation, Danica Patrick announced Thursday that she's leaving IndyCar in 2012 to run a full Nationwide schedule. She didn't rule out a return to open-wheel racing for the Indianapolis 500.
Terms of the agreement call for the network to televise five races each year through 2018, including the Indianapolis 500.
Despite losing two of its five biggest events—the NASCAR Nationwide and truck races—last month, Lucas Oil Raceway is already making plans to replace those events next summer and track officials are confident it will be profitable in 2012.
The IndyCar driver’s income is estimated at $12 million, according to Forbes.com.
Sources say the deal is worth about $15 million over five years—a much-needed boost for Indianapolis Motor Speedway officials struggling to stop attendance declines at the NASCAR race.
Officials for Lucas Oil Raceway in Clermont say ticket sales for July 30’s NASCAR Nationwide race are up significantly since the July 6 announcement that the race will move to Indianapolis Motor Speedway next year.
IndyCar Series CEO Randy Bernard is considering taking the open-wheel series to the Road America road course in Elkhart Lake, Wis., for 2012. That race could replace the Milwaukee race, which Bernard said faces a 50-percent chance of being eliminated.
Former boss of Speedway and IndyCar Series gives interesting insight into relationships with his family and successors in 80-plus-minute in-studio radio interview.
Indianapolis has one of the highest concentrations of plug-in electric vehicle drivers in the nation, an industry official says.
Rookie JR Hildebrand made the ultimate mistake with his very last turn of the wheel, crashing into the wall and sliding across the finish line.
While the Indianapolis Motor Speedway revels in its centennial this month and motorsports aficionados take a nostalgic look back, the next generation of heirs to the Hulman George fortune has its eyes firmly fixed on the future.
Consumers open wallets for drivers who aren’t front-runners this year.
Indianapolis-based Panther Racing, which has two drivers in this weekend’s Indy 500, has been sued by a former employee, its former landlord and even one of its former drivers, mostly over allegations of not paying its bills.
Andretti Autosport's purchase of an Indy 500 ride for bumped driver Ryan Hunter-Reay is an extreme example of the influence sponsors wield in the sport, but it's not unusual for motorsports teams to wheel and deal during race week.
Firm will handle advertising, marketing and digital promotions for the track formerly known as Indianapolis Raceway Park.
