News & Multimedia

Indianapolis Motor Speedway Statement About House Enrolled Act 1544

A statement from Mark D. Miles, chief executive officer of Hulman & Company, about House Enrolled Act 1544, which Gov. Mike Pence signed Friday, May 10:

"We're gratified to have the support of Governor Pence and the General Assembly. The success of this legislation reflects their broad understanding of the Indianapolis Motor Speedway, its impact on the state’s economy and our prospects for growth. The company is committed to doing everything possible to produce a return for taxpayers. We’ve been humbled by the overwhelming enthusiasm we’ve received from Hoosiers as we’ve gone through the legislative process.”

House Enrolled Act 1544 creates an Indiana Motorsports Investment District that will capture growth in sales and income taxes at the commercial property that includes the Indianapolis Motor Speedway for future investment in the Speedway. In addition, the Indiana Economic Development Corporation (IEDC) will oversee a fund for motorsports businesses statewide to apply for loans to assist with economic development projects and facility improvements.

 

Show More Show Less
Now Viewing
Tickets For 2013 IMS Events on Sale
 
Indianapolis Motor Speedway Statement About House Enrolled Act 1544
A statement from Mark D. Miles, chief executive officer of Hulman & Company, about House Enrolled Act 1544, which Gov. Mike Pence signed Friday, May 10:
Read More
Related Media
Juan Pablo Montoya
 
Monday Racing Roundup: Montoya Wins Thrilling Indianapolis 500
Montoya, who won the race 15 years earlier in his first start, held off reigning Verizon IndyCar Series champion and teammate Will Power by .1046 of a second -- the fourth-closest finish in race history -- in a thrilling battle over the final 15 laps that also included pole sitter and 2008 race winner Scott Dixon. Five of the 37 lead changes occurred in those 15 laps following a restart, with Montoya overtaking Dixon in Turn 1 for second place and Power in Turn 4 to lead Lap 197 by .0420 of a second.
Read More
Charlie Kimball
 
Kimball Surprises as Ganassi's Top Fighter in '500'
Kimball had never finished better than eighth in four previous Indy 500 starts, but when Dixon faltered late due to an understeer, the door was open for third place. Kimball took advantage of Dixon lifting off the throttle with two laps to go.
Read More
Juan Pablo Montoya
 
Fifteen Years Later, Montoya's The Man Again at Indianapolis
A second Indianapolis 500 victory revealed how much Juan Pablo Montoya has changed in 15 years between memorable triumphs at the Indianapolis Motor Speedway.
Read More
Juan Montoya
 
Montoya Wins 99th Running of the Indianapolis 500 Mile Race
Juan Pablo Montoya drove his No. 2 Verizon Team Penske Chevrolet to victory Sunday in the 99th Running of the Indianapolis 500 Mile Race at the Indianapolis Motor Speedway.
Read More
Sage Karam
 
New Biotelemetry Technology Will Get "Inside" Drivers During '500' Telecast
ABC’s telecast of Sunday’s 99th Indianapolis 500 will introduce the use of biotelemetry, a high-tech sensing system that will, in real time, give viewers the heart and respiration rate as well as calorie burn rate of two drivers competing in the race.
Read More
Items 1 - 5 of 984
Reserve one of our hospitality suites for your next event!
To start planning your event at the Indianapolis Motor Speedway please fill out our Information Request Form or contact Laura Wyamn at (317) 492-8557 or email at lwyman@brickyard.com.
Latest Tweets
RT @ScottWTHR: Racing's glamour couple @courtneyforce @GrahamRahal arrives @IMS. Watch the Victory Banquet at 8pm. #WTHR #Indy500 http://t.…
about 9 minutes ago