IndyCar deal creates series-branded insurance plan
Open-wheel race series signs three-year sponsorship pact with Dallas-based Global Corporate Alliance.
Open-wheel race series signs three-year sponsorship pact with Dallas-based Global Corporate Alliance.
Butler basketball leads list of top sports stories of the year.
Izod IndyCar Series team owner will invest $3.3 million and create up to 30 jobs. Ganassi plans to begin hiring employees immediately to prepare for the start of the 2011 season.
On Monday, Roger Penske's IndyCar team said Izod will become the primary sponsor for the No. 6 car, driven by Ryan Briscoe, at the Indianapolis 500 and several other races, and will be an associate sponsor for all three cars for the 2011 season.
The Meijer grocery store chain will join Penske as a sponsor of its three-car IndyCar Series program, beginning with the 2011 season.
Izod officials said that in 2010, Izod brand awareness increased 10 percentage points, brand familiarity rose 16 percent among 25- to 35-year-old men, and digital impressions increased 20 percent over 2009.
Fisher will hand the keys to Ed Carpenter so she can focus on her role as team owner of Sarah Fisher Racing and explore growth opportunities.
Heavy investments in research and development, testing and marketing will be needed for the Detroit-based automaker to keep up with Honda.
IMS hires former Goldsmith aid Doug Boles to drum up interest, ticket sales in tough environment for motor racing.
Old Vision Racing HQ gives Schmidt team room to expand.
The awards were determined by votes of fans at IRL events throughout the season and on indycar.com.
Fresh off signing deal with Brazilian coffee maker, Indy Racing League executive promises much bigger sponsorship announcement within two weeks.
Financial terms of the deal were not released, but industry sources said the multiyear deal is valued at $1 million annually for the open-wheel race series.
Motorsports insiders think the Brickyard 400’s declining fortunes will hasten the Hulman-George family’s decision
on the future of the Indy Racing League, which the NASCAR race has helped subsidize.
Financial terms of the deal were not released, but motorsports business experts said it was a six-figure deal.
The racing company’s only operations outside of Italy could create more than 80 new jobs in the Indianapolis area.
Racing insiders say Dallara and Lola are frontrunners to become the new Indy Racing League chassis providers.
Avis will take an active role in promoting the series through e-mail campaigns, displays at select airports, and other large-scale
promotions, company officials said.
New IndyCar Series CEO Randy Bernard needs to attract more fans as TV ratings slip and networks and sponsors get antsy. Izod,
in the first year of a six-year contract, hopes strategically deployed glitterati will help rev up interest.
Two years removed from his failed try in NASCAR, the Scottish driver holds on with barely a gallon of fuel in the
tank. Meanwhile, the much-touted Penske team falls victim to its own blundering.