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
Ryan Hunter-Reay
 
Hunter-Reay Prepares For The Race of Champions
Hunter-Reay and Busch, Andretti Autosport teammates for the Indy 500 in May, will represent the U.S. in the Nations Cup competition.
Read More
Ryan Hunter-Reay
 
The Man Behind The Faces on Borg-Warner Trophy
So many winners have kept him company in his North Carolina studio because Behrends morphs one race champion to another from the same clay he’s been using since the beginning of the project.
Read More
Ryan Hunter-Reay with his son Ryden Hunter-Reay
 
Hunter-Reay's Likeness Unveiled on Borg-Warner Trophy
Ryan Hunter-Reay experienced one of the greatest spoils of victory for winning the 2014 Indianapolis 500 by seeing his likeness on the famed Borg-Warner Trophy during an unveiling ceremony today at the Indianapolis Motor Speedway Hall of Fame Museum.
Read More
Alexander Rossi
 
Rossi Shifts Focus To America
With F1 becoming a difficult place to secure a full-time ride, Rossi began actively pursuing IndyCar opportunities a few months ago and has been proactive throughout the process.
Read More
Ryan Hunter-Reay
 
Double Points On Tap Again For 2015 Indianapolis 500
Double points for the 99th Indianapolis 500 Mile Race and an elimination of the standing start for the 2015 Angie’s List Grand Prix of Indianapolis are among the sporting and technical regulations that comprise the 2015 Verizon IndyCar Series rulebook issued to teams.
Read More
Items 1 - 5 of 870
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 Phil Sparks at (317) 492-6463 or email at psparks@brickyard.com.
Latest Tweets
It was up to Forrest “Bud” Tucker to fix the SAFER barrier during the red flag at the 2014 #Indy500. His story: http://t.co/Gm6NscAduC
about 12 hours ago