The Indiana Senate Appropriations Committee on Thursday morning unanimously passed a bill that would capture state tax money generated at the Indianapolis Motor Speedway and give it back to the track to improve the facility.
A state senator plans to introduce a bill creating an Indiana Motorsports Investment District that would capture state sales, income and corporate taxes for future investment in the Speedway.
The 1985 NBA All-Star Game remains the only all-star game the league has held in Indianapolis—a curious omission given the city’s propensity for landing big-time events.
Landing a North American Soccer League franchise might be the easiest part of Indianapolis developer Ersal Ozdemir’s grand plan, which includes building a downtown soccer stadium and surrounding it with retail and residential space.
The Indianapolis Colts are playing defense as city leaders move to hike a ticket tax on downtown events by 67 percent. The team says raising the tax on tickets from 6 percent to 10 percent will harm its bottom line and that of local businesses that rely on Colts fans.
Keystone Group President Ersal Ozdemir plans to launch a soccer franchise in 2014 and build a soccer-specific stadium by 2017.
The city’s professional baseball team has thrived financially since 2009, bucking the woes of the economy.
The two-year trial of the Crossroads Classic doubleheader basketball event has drawn capacity crowds to Indianapolis. But there are still scheduling concerns to be worked out if the fledgling event is to become a long-term college basketball tradition.
The Capital Improvement Board of Marion County is expected to seek a one-year extension of its current lease deal with Pacers Sports & Entertainment, according to a former board member and current Indianapolis city-county councilor.
Forrest Lucas, owner of Lucas Oil Products Inc., intends to launch an Internet TV network in June 2013 that would offer a heavy dose of racing programming.
Eagle Creek Golf Club received a long-awaited face-lift this year under a contract that will rescue the city from most of its expenses stemming from the previous operator’s loan default.
An Indianapolis not-for-profit that recycled the fabric roof of the former RCA Dome into totes, wallets and other items has found a new use for the seats once used at Bush Stadium.
Built in 1928, the aging facility is about to undergo its most extensive renovation since the building began hosting basketball games shortly before the Great Depression.
The NCAA is "ludicrous and hypocritical" for moving five championship games out of New Jersey next year because the state plans to offer legalized sports betting, a spokesman for New Jersey Gov. Chris Christie said.
The Indiana Pacers will open the season at Bankers Life Fieldhouse with a new $16 million audio and video system, the team announced Thursday afternoon.
Improvements to the home arena of the Indiana Pacers will include a new scoreboard and a renovation of the arena's television studios, said a source with knowledge of the planned changes.
MainGate has developed the LucasOilGear.com website to sell apparel and novelties, including T-shirts and outerwear featuring the Lucas Oil Stadium, Lucas Oil and Lucas Oil Racing Series brands.
It’s time to think out of the Speedway box.
Patrons at Hoosier Park's off-track-betting site in downtown Indianapolis can now bet on horse races from the comfort of their seats, and they'll soon be able to place wagers from their smartphones.
For this Indy guy, there is nothing that says Indy—or Indiana—like the Indy 500.
