Tony George resigns from Speedway, IRL board
His resignation removes George from any remaining role in Hulman & Co., Indianapolis Motor Speedway, IMS
Productions and other affiliated companies.
Sports Venues
Articles
Uncertainty over 2012 Super Bowl puts hotels in a bind
At issue is a dispute pitting NFL players against owners, and owners against one another over how league
revenue should be divided. If it isn’t resolved, the 2011 season could be shortened, delayed or canceled.
Indianapolis still in hunt to be World Cup host
Indianapolis was one of 18 cities included in United State’s bid to host World Cup Soccer event in 2018 or 2022.
Big companies seek chance to bid on CIB privatization
Indianapolis receives a dozen responses to its proposal to privatize management of Lucas Oil Stadium,
the Indiana Convention Center and, perhaps, Conseco Fieldhouse.
Venue-management titans emerge as CIB front-runners
Experts say a unique four-way partnership that includes the Pacers and Indianapolis Convention & Visitors Association may be the favorite to run the city’s sports and
convention venues.
Lucas Oil Stadium lease for Final Four is on CIB’s front burner
Greg Shaheen, NCAA senior vice president of basketball and business strategies, said the deal needs tweaking
because Lucas Oil Stadium was in the conceptual stages when Indianapolis won the bid to host the 2010
Final Four.
Irsay calls decision a ‘close call,’ but ‘courageous’
Indianapolis Colts team owner says he doesn’t expect fan backlash over pulling starters in loss to last long.
IUPUI seeking funds from CIB to renovate Natatorium
IUPUI says it needs about $15 million to renovate the aging Natatorium swimming complex and wants the city’s Capital Improvement Board to fund part of the expense.
Tennis officials set to reveal tournament buyer
Sources told IBJ last week that the U.S. Tennis Association Southern Section was in serious negotiations to buy the event and move it to Atlanta.
Baseball meetings let leaders tout Indianapolis to influential audience
Indianapolis was up against Dallas, Las Vegas, Orlando, Atlanta and New Orleans to host baseball’s Winter
Meetings, which
will draw more than 200 media members from the nation’s top 30 markets.
Indianapolis Indians take big revenue hit, but team still profitable
Team profits declined from $1.23 million in 2008 to $459,603 this year. Despite
that, the team’s board voted unanimously to pay a dividend.
Heavyweights may vie to manage venues for troubled CIB
An aide to Mayor Greg Ballard says he hopes a private operator can find “operating and maintenance savings in the millions."
CIB finances improving, though concerns remain
Approaching the end of 2009, Indianapolis’ cash-strapped Capital Improvement Board is on much more solid financial footing.
Critics: NCAA’s reselling of suites out of sync with scalping ban
Lucas Oil Stadium suite holders are upset that the NCAA is taking their luxury boxes for the men’s basketball Final Four
in April and reselling them on the secondary—or scalpers—market.
Citizens Energy donates land to baseball not-for profit
Citizens has donated 28 acres of land from its former Citizens Gas & Coke Utility site on the southeast side of Indianapolis
to Play Ball Indiana for the development of a youth sports complex.
Circle City Classic must boost attendance, sponsorship revenue to survive
Dramatic decreases in sponsorship and ticket revenue this year and the recent resignation of the Circle City Classic’s
new executive director have some questioning if the event can survive. Now Classic leaders are considering a bevy of bold changes.
Sales of luxury suites slow at most Indianapolis sports venues
Ten years ago, the Indiana Pacers sold out their 69 Conseco Fieldhouse suites and the Indianapolis Motor Speedway
barely touched a phone to sell its 120 luxury boxes. But entertaining at luxury suites is out of vogue
now, thanks to the recession and companies keeping a closer eye on spending.
Indiana Members Credit Union signs Pacers sponsorship pact
The agreement includes player appearances, a Pacers debit card, courtside signage, radio spots,
hospitality and use of the Conseco Fieldhouse practice court for community relations initiatives.
WNBA’s Fever to stay in Indiana, owner says
The Indiana Fever will remain in Indianapolis for the 2010 season, despite speculation that ownership would not keep the
team.
Lucas Oil out to build on Jiffy Lube deal
One year after emblazoning its name on the Indianapolis Colts’ mammoth new home, Lucas Oil Products Inc. has leveraged
that sponsorship into a pact with Jiffy Lube that company founder Forrest Lucas thinks will score huge profits for his company.