Local racing-simulator firm declares bankruptcy
Indianapolis-based Interactive Motorsports and Entertainment Corp., which went public in 2002, has filed for Chapter 11 reorganization.
Motorsports
Articles
Group pitches motorsports park for southwest side
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.
Tony George resigns from Speedway, IRL board
His resignation removes George from any remaining role in Hulman & Co., Indianapolis Motor Speedway, IMS
Productions and other affiliated companies.
Tony George ousted after nearly 20 years leading IMS
Faced with the need to save money, the six-member board of the IMS and IRL voted on May 26 to replace George.
Camaro to pace Indianapolis 500 again
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.
Racing industry trade shows won’t conflict in 2010
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.
Speedway slashes schedule of May activities
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.
Danica Patrick’s NASCAR move could fuel MainGate growth
MainGate holds an exclusive license to make and sell Patrick’s IRL-centric merchandise, and is
now in negotiations with New York-based IMG to get part of her NASCAR-related business.
Fledgling motorsports show growing faster than expected
The show held in Indianapolis Dec. 3-4 is picking up speed much faster than event organizers and local
convention and tourism officials expected. But the nation’s biggest motorsports trade show, Performance
Racing Industry Show, is considering competing with the local show head-on in 2010.
Motorsports industry show to stay here through 2015
The inaugural show opened Dec. 2 at the Indiana Convention Center, and is expected to draw more than
10,000 attendees.
Sarah Fisher Racing triples size of race shop on city’s west side
The team moved just a few suites down from its Park 100 facility, but officials said it’s a big move
for the Indianapolis-based Indy Racing League operation.
IRL loses public relations vice president, Speedway hires first-ever CIO
Race track’s new chief information officer previously worked at NCAA, Indianapolis Museum of Art.
Mayor’s European mission focusing on motorsports industry
A delegation of business and community leaders led by Indianapolis Mayor Greg Ballard departed for Europe Nov. 14 on a nine-day
economic
development mission to help grow the city’s motorsports industry.
Sarah Fisher extends sponsorship deal with AAA
Izod IndyCar Series driver Sarah Fisher recently renewed her contract with AAA Hoosier Insurance. AAA will continue to
be a personal sponsor of Fisher and will remain an associate sponsor on Fisher’s No. 67 car for the 2010 and 2011 Indianapolis
500s.
Speedway cuts 40 employees in latest cost-saving move
A source at Indianapolis Motor Speedway said IMS laid off 40 employees Wednesday, mostly from its human resources department,
in a cost-saving move.
UPDATE: IRL hopes for boost from Izod
Jeff Belskus, CEO of the Indianapolis Motor Speedway, called the sponsorship deal “one of the most significant announcements
in the history
of the IndyCar series.”
IndyCar set to sign Izod as title sponsor
IndyCar officials are expected to announce Thursday that clothing maker Izod will become the series’ title sponsor next season.
Telecom supplier Telamon hopes to ‘ignite’ racing industry
Carmel-based Telamon Corp. rose to become one of the largest minority-owned businesses in the area largely by serving telecommunications giants. Now it is veering off its traditional course to supply racing teams with an ethanol-based fuel made from Indiana corn.
Drag racer John Force driven by Dunkin Donuts
John Force is pleased to be growing his Brownsburg facility. He said central Indiana has everything a National Hot Rod Association
team could want. But nothing makes him happier than the new Dunkin Donuts there.
Influential team owner thinks hot rod group should move HQ from California to Brownsburg
A meeting between high-level National Hot Rod Association executives—including NHRA President Tom Compton—and
Gov. Mitch Daniels and members of the Indiana Economic Development Corp. has fueled speculation that the drag racing group
might be looking to significantly expand its presence here.