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Study: Indianapolis Motor Speedway events generated $1B impact over one year
The total economic impact of $1.058 billion found by the months-long study is more than double the figure calculated in a similar study in 2013.
The total economic impact of $1.058 billion found by the months-long study is more than double the figure calculated in a similar study in 2013.
Indianapolis Motor Speedway reverted to its original purpose Thursday—serving as a test track for new automobile technology. The lessons learned about IndyCar’s new hybrid cars could reverberate throughout next season.
Former Formula One driver Romain Grosjean said Wednesday he is pursuing arbitration against Andretti Global because the team is not bringing him back for a third season in the IndyCar Series.
The lawsuit is the latest twist in an ugly spat involving the talented young driver and two teams: McLaren and Chip Ganassi Racing.
Indianapolis-based Andretti Global and partner Cadillac must still prove their commercial value to F1 rights holder Liberty Media and the existing teams, which vehemently oppose expanding the 20-car grid.
NASCAR raced on the Indianapolis Motor Speedway oval from 1994 through 2020, but moved to the 2.439-mile road course the last three seasons as part of a shared weekend with the IndyCar Series.
The 2024 season begins March 10 on the downtown streets of St. Petersburg, Florida, and ends Sept. 15 on Nashville’s downtown streets.
The expansion for Simpson will give Ganassi three rookies in next year’s Indianapolis 500.
Marcus Armstrong, 23, leads this year’s standings for rookie of the year despite three other rookie drivers running full schedules.
Andretti Acquisition Corp., a blank-check company that was formed last year, announced Wednesday that it plans to merge with Boston-based startup Zapata AI.
McLaren must now find a replacement for Felix Rosenqvist, who finished a season-best second Sunday at Portland International Raceway.
Alex Palou locked up the title Sunday with one weekend remaining in the 17-race schedule, marking the first time in IndyCar the championship has been settled before the finale since the late Dan Wheldon won in 2005.
Chip Ganassi has not confirmed his 2024 lineup yet, but 2022 Indianapolis 500 winner Marcus Ericsson has already said he’s leaving for Andretti Autosport.
Andretti Autosport made the announcement Wednesday, adding Marcus Ericsson to a lineup that features Colton Herta and Kyle Kirkwood.
A local motorsports not-for-profit plans to acquire more than two acres at the former Central State Hospital campus on the west side of Indianapolis with a goal of converting the property into a new multi-building headquarters.
Jack Harvey joined Rahal Letterman Lanigan Racing last season but has never finished better than 10th in any race. He said he would seek a new home in IndyCar.
Alex Palou’s current IndyCar boss, Chip Ganassi, responded with a terse statement that criticized the management of McLaren Racing.
Purdue’s sponsorship of the vehicle, financial terms for which were not disclosed, comes on the heels of the university sponsoring another Stewart-Haas car, which competes in the Superstar Racing Experience.
Saturday’s 85-lap race will be the series’ second on Indianapolis Motor Speedway’s road course this year and comes on the same weekend Xfinity and NASCAR drivers also compete on the track’s road course.
Following a near miss between an errant wheel and grandstand fans at the Indy 500 in May, chassis manufacturer Dallara has designed a retaining nut that is more than 60% stronger than the previous design.