The money is expected to go a long way in funding three events on the city’s calendar: the NBA All-Star Weekend and the NCAA Men’s Basketball Final Four in 2021 and the College Football Playoff National Championship in 2022.
The board approved eight bids—mostly to local firms—for the first and second phases of the $360 million project.
Popular auto racer James Hinchcliffe, who was abruptly ousted from his IndyCar team in October, has secured a corporate sponsorship that will allow him to drive in two races in May, including the Indy 500.
As commissioner, Bobby Cox pushed for more corporate sponsors and better technology while promoting better sportsmanship and stronger health initiatives.
Anderson resident and former Major League pitching great Carl Erskine said the current sign-stealing scandal brings back memories of 1951, when his Brooklyn Dodgers lost the National League pennant to the New York Giants, who had designed an elaborate system to steal catchers’ signals and tip off their hitters.
The NASCAR Xfinity Series—the second tier in professional stock-car racing—will run the race Saturday, July 4, on a road course that uses part of the historic speedway oval.
This is the first entry into IndyCar for Huski Chocolate, a company headquartered in Stockholm that already does business in Formula One with McLaren and with the English soccer club Millwall.
The WNBA and its union announced a tentative eight-year labor deal Tuesday that will allow top players to earn more than $500,000 while the average annual compensation will surpass six figures for the first time.
Dye—often with his wife, Alice—designed more than 20 courses in Indiana and more than 150 worldwide. Golfer Greg Norman referred to him as the “Picasso of golf architecture” who changed golf course design in the 20th century.
A contingent of 16 local officials will be in New Orleans this weekend for the College Football Playoff National Championship, as Indianapolis ramps up preparations to host the massive event in two years.
The sale puts Roger Penske in charge of the Indianapolis Motor Speedway, the open-wheel series that is built around the Indy 500 and the track’s esteemed production group.
The abrupt sackings of four-time series champion Sebastien Bourdais and popular veteran James Hinchcliffe has made for an offseason of distasteful business decisions that has contributed to a rapidly changing landscape in a series trying to make a comeback.
The Indianapolis Colts are willing to give Jacoby Brissett another full season to prove himself. But it doesn’t mean they’re out of the quarterback market.
The perennial Big Ten doormat, known more for its basketball prowess than its football progress, has a chance to match its most wins in program history on Thursday night.
After Stern’s 30-year tenure as commissioner, the NBA had grown to a more than $5 billion a year industry, and its brand of basketball had become perhaps the world’s most popular sport after soccer.
Podcast host Mason King talks with IBJ Managing Editor Lesley Weidenbener and reporter Anthony Schoettle about Penske Corp.’s acquisition of the Indianapolis Motor Speedway, Eli Lilly and Co.’s biggest acquisition ever, trucking giant Celadon’s demise, Ambrose’s decision to pull back from the GM stamping plant site and more.
The school’s action comes six weeks after McCarty guided the unranked Purple Aces’ stunning 67-64 upset of then-No. 1 Kentucky, his alma mater, on its home court.
The law, which passed with bipartisan support in April, created funding plans for most of a $360 million renovation of Bankers Life Fieldhouse and the construction of a $150 million soccer stadium for the Indy Eleven by diverting millions of dollars in annual state tax revenue to the Capital Improvement Board.
Penske—one of the most influential companies in the history of auto racing—will become just the fourth owner of the iconic track and will take over a series that many believe is on the upswing after many years of struggle.
There was no shortage of huge news stories in central Indiana this year—with Roger Penske’s purchase of the Indianapolis Motor Speedway, the launching of the Red Line and the closing of trucking giant Celadon.
