Elements in place to keep IMS under family ownership
Thanks to a savvy tax-avoiding maneuver by late track owner Anton “Tony” Hulman Jr., his descendants appear poised to lead the Indianapolis Motor Speedway into the next era.
Thanks to a savvy tax-avoiding maneuver by late track owner Anton “Tony” Hulman Jr., his descendants appear poised to lead the Indianapolis Motor Speedway into the next era.
Indianapolis 500 fans might feel like they’re traveling through a time warp this month when they visit Gasoline Alley.
Former Speedway chief of staff Ken Ungar said one of the most important elements of Project 100 will be the response to the venue’s upgraded restrooms.
The Knights Inn at the airport had a couple of rooms left at $899 per night Wednesday, according to Expedia. And a room could be had at the Red Roof Inn in Anderson for $446.
Now that the event is officially sold out, brokers expect ticket prices on the secondary market to soar even higher. Some ticket brokers were already asking $1,500 for prime tickets.
Indiana has more than 1,000 dairy farms, and the Milk Man tradition is designed to spotlight the state's dairy industry.
This month, the Indianapolis Motor Speedway completed one of the three largest renovations in its 107-year history.
WRTV-TV Channel 6 for the first time will air the Indianapolis 500 twice. But neither of those telecasts will be live.
Hulman and Co. CEO Mark Miles says he and his staff feel “a great sense of responsibility” associated with this year’s race.
With a sellout crowd anticipated for May and all 145 permanent hospitality suites gone, Indianapolis Motor Speedway officials must figure out how to bring customers back for the 101st race.
Ed Carpenter and James Hinchcliffe left Indianapolis Motor Speedway on Wednesday more confident about the cars they will race in May.
Original works from 33 artists will be on display at businesses and community centers throughout the city as well as at the Indianapolis Motor Speedway until the race.
The Hulman Terrace Club is the first new seating option at the Indianapolis Motor Speedway in more than a decade. A sellout of the section would score the Speedway more than $2 million.
The Indianapolis Motor Speedway has already sold more tickets for this year’s race than it did for last year’s. Suite and premium seat sales are so strong, officials are discussing adding more inventory.
Roger Penske is bringing former IndyCar owner John Menard back to the series as a team sponsor.
The House passed legislation Tuesday that would provide more alcohol permits for Hamilton and Boone counties, while the Senate passed a bill to let the Indianapolis Motor Speedway sell carry-out bottles of commemorative booze.
Indiana lawmakers are on track to help race fans celebrate the 100th running of the Indianapolis 500 in May with a high-octane, commemorative beverage they can take home.
Lebanon-based D-A Lubricants will pay $5.2 million over three years to make its PennGrade1 motor oil the presenting sponsor of the Indianapolis 500 through 2018.
Two local developers are teaming to build a $50 million mixed-use project adjacent to the Indianapolis Motor Speedway that would anchor the town’s revitalized Main Street.
The Red Bull air race will feature competitors navigating an aerial racetrack featuring air-filled pylons at speeds approaching 230 mph.