Putnam Park race track for civilians continues major expansion
Owner Chris Diasio has sunk $5 million into the private raceway since taking it over in 2012. And he says he isn’t done yet, adding members as fast as the facilities to accommodate them.
Sports Business
Articles
Adidas offers to buy island for NFL player who breaks record
The German shoe and sports apparel maker is offering surf and turf for any player who runs the fastest 40-yard dash in NFL Scouting Combine history. Players will make the dash this week at Lucas Oil Stadium in Indianapolis.
Ganassi Racing seeking tax break for $3.5M expansion
The owner of four IndyCar racing teams says the tax abatement would help offset costs related to a 40,000-square-foot addition the company wants to build at its northwest-side headquarters.
George stays with Pacers but wanted input on trade talks
After almost a week of speculation about Paul George's future, the Indiana Pacers decided to stand pat at the trade deadline Thursday.
Changes to boost NFL Combine’s local impact
Visit Indy projects the launch of the Combine’s first fan activity zone will increase the 30-year-old event’s economic impact 25 percent, to a total of some $10 million.
Big East chief: Conference financially healthy, not looking to expand
Commissioner Val Ackerman talked with IBJ on Thursday about the potential growth of the Big East, what Butler brings to the conference, and a recent claim about bullying within the WNBA, a league she used to lead.
As trade rumors swirl, George gets back to work with Pacers
With the NBA trade deadline set for 3 p.m. Thursday, four-time All-Star Paul George tried to tamp down speculation by staying focused on his job.
Indians taking swing at bringing MLB back to Victory Field
The Indianapolis Indians are in discussions with the Pittsburgh Pirates and Cincinnati Reds, among other teams. A big-league game last April sold out and scored $350,000 in revenue.
High-profile gymnasts come forward, claim abuse by doctor
The gymnasts accused Dr. Larry Nassar, a volunteer team doctor for Indianapolis-based USA Gymnastics for almost three decades, of touching them inappropriately while he disguised the abuse as treatment.
Vasser, KV Racing shut down IndyCar team after 14 years
Indianapolis-based KV Racing Technology, owned by Australian businessman Kevin Kalkhoven and Vasser, announced the long-rumored move Thursday.
Indy Fuel owners ready to take shot at new ice venues
Father-and-son duo Jim and Sean Hallett launched a minor-league hockey team—the Indy Fuel—in 2013, but the enterprise has expanded far beyond just an ECHL franchise.
Cathedral High School acquires Little League headquarters
The 35-acre site, on the city’s far-northeast side, contains several diamonds and will enable the private Catholic school to have its own baseball facilities.
Steak n Shake stays on board with Rahal for 4 races in 2017
IndyCar driver Graham Rahal will continue to have Steak n Shake as his primary sponsor for four races in 2017.
Indians, CIB discussing new seating options at Victory Field
Fans of the Indianapolis Indians this year will notice a massive new scoreboard, improved sound system and spiffier concession stands. Changes to seating are being considered for 2018 or 2019.
Indians’ Schumacher scores third Sagamore, repeats support for ‘Victory’
Even though Max Schumacher’s role with the team has diminished, he still has strong opinions about how the team should be run. Don’t expect a corporate name on Victory Field anytime soon.
IndyCar in hot pursuit of younger audience with new marketing strategy
The open-wheel racing series will spend up to half of its marketing budget this year on digital and social media, up from about 20 percent last season.
New study says Colts fans get off (relatively) cheap
Ticket-buying fans of the Indianapolis Colts pay less than fans cheering for 20 other NFL teams—and a whole lot less than the Chicago Bears.
Jonathan Byrd’s pulls back from big role in Grand Park
The multi-faceted food-service company confirmed Monday that it has ended almost all of its involvement with the 400-acre sports campus in Westfield.
NCAA to pay $208M settlement in antitrust case
The Indianapolis-based NCAA has agreed to pay $208.7 million to settle a federal class-action lawsuit filed by former college athletes who claimed the value of their scholarships was illegally capped.
Indy Eleven’s owner, investment group say there’s urgency to MLS bid
The window on Ersal Ozdemir’s dream of bringing a Major League Soccer franchise to Indianapolis might be closing—fast.