Articles

CIB approves 2011 budget

Including debt obligations, the CIB’s total budget for 2011 is expected to be $104.4 million. The City-County Council is set
to receive the budget at its Sept. 20 meeting and could approve it Oct. 25.

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Potential of MotoGP weekend waiting to be unlocked

The economic impact of the MotorGP weekend is almost 20 percent of the entire Indiana Pacers season and more than 10 percent
of the Indianapolis Colts season. Not bad for an event the city puts almost nothing into. And it could be so much more.

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Teen motorcycle racer killed in crash at Speedway

The death of a 13-year-old motorcycle rider at Indianapolis Motor Speedway cast a shadow over Sunday’s races at the historic
track and prompted mourning competitors to defend the development system for the dangerous circuit.

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Speedway, MotoGP extend contract for another year

Shortly after this year’s first Indianapolis MotoGP practice started Friday, Indianapolis Motor Speedway CEO Jeff Belskus
said the
two sides had agreed to a one-year contract extension that will bring the event back for a fourth year in 2011.

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CIB’s 2011 budget slated to grow by $10 million

Capital Improvement Board president says initial $10 million payment to the Indiana Pacers is not only reason for the larger
budget. Rather, she insisted it’s largely due to $5 million in renovations slated for Conseco Fieldhouse and other CIB-operated
facilities.

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Indianapolis hot rod event still on track

The National Hot Rod Association has had to go into fuel conservation mode during the recent economic downturn, but the California-based
drag racing series seems to have come through the recession in better shape than many of its motorsports brethren.

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Financial records show Pirates win while losing

The Pirates, the Major League parent club of the Indianapolis Indians, made nearly $29.4 million in 2007 and 2008, according
to team financial documents, years that were part of a streak of futility that has now reached 18 straight losing seasons.

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New NCAA boss wants to change NBA draft rules

After overhauling the NCAA's executive staff, Mark Emmert sets his sights on talks with National Basketball Association
officials
about adopting a pro-eligibility policy that would keep players in school through their junior years.

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