Bill Simpson’s Impact Racing LLC reached an agreement Thursday with an industry-certification group that will allow the company
to continue selling race car safety gear made this year and last.
A group that sets standards for motorsports equipment intends to yank its approval of gear produced by Impact Racing, the
Brownsburg company owned by industry pioneer Bill Simpson, amid allegations of counterfeiting.
Bernie Ecclestone appears to be interested in widening the racing series' reach in the U.S., with recent negotiations
to return to Indianapolis and now wishing aloud for a New York-based grand prix.
Officials from the Indianapolis Motor Speedway and Formula One say they’re in discussions to bring a Formula One race back
to the
city. F1 left the city in 2007 after an eight-year run.
Terry Angstadt, who oversees the Indy Racing League’s commercial division, thinks the series could break even in 2011
and be profitable by 2012 despite myriad challenges facing open-wheel racing.
Just Marketing International in Zionsville plans to establish a presence in either Singapore or Hong Kong this year, to bolster
its global presence.
Indianapolis-based Interactive Motorsports and Entertainment Corp., which went public in 2002, has filed for Chapter 11 reorganization.
A local man wants to build a motorsports park complete with a Motocross track, one-fifth-mile dirt track and ATV trails on
36 acres near Interstate 465 and Mann Road on the southwest side.
Just Marketing International signs NASCAR star Jeff Gordon to a contract sports business experts say is a multimillion dollar
deal for the local firm.
Danica Patrick’s initial thrust into stock-car racing earned her sponsor $230,000 in media exposure, according to a research
firm. Her next race on Feb. 13
should generate much more.
The CEO of the Professional Bull Riders Association has accepted an offer to lead the Indy Racing League. The IRL has been
without a leader since Tony George was ousted last summer as boss of the Indianapolis Motor Speedway.
Unable to raise the $1.5 million to $3 million needed to operate an Indy Racing League team this year, Tony George folded
Vision Racing this morning.
Indy Racing League goes outside racing circles to look for new CEO. Professional Bull Riders Association boss offered job
to replace Tony George.
His resignation removes George from any remaining role in Hulman & Co., Indianapolis Motor Speedway, IMS
Productions and other affiliated companies.
Tony Cotman, 42, has vacated his post as Indy Racing League vice president of competition.
The Chicago-based firm might take over food service at the Speedway as IMS continues to look for opportunities to outsource.
Faced with the need to save money, the six-member board of the IMS and IRL voted on May 26 to replace George.
The 2010 Chevrolet Camaro SS will be the official pace car for next May’s Indianapolis 500. It’ll be the sixth time a Camaro
has paced the race.
The Performance Racing Industry Show has set its 2010 dates for Dec. 9-11. That means the International Motorsports Industry
Show held in Indianapolis will have Dec. 1-3 to itself.
Belt tightening for the Indianapolis Motor Speedway and Indy Racing League continues with the much-anticipated announcement
that the Brickyard’s "month of May" activities will be shortened in 2010.
