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
Doug Boles
 
IMS, INDYCAR Retain Ties with Purdue Grand Prix
So many go-kart team participants who competed in Saturday’s 60th running of “The Greatest Spectacle in College Racing” at West Lafayette, Indiana, have an ambitious eye toward the future. Be it drivers or team members, these Purdue University engineering students aspire to be a part of the Indianapolis 500, “The Greatest Spectacle in Racing.”
Read More
Fernando Alonso
 
Alonso Begins Indy 500 Learning Process with Visit To Barber
If nothing more can be gleaned from Fernando Alonso’s visit today to Barber Motorsports Park – and his plan to race in the 101st Indianapolis 500 presented by PennGrade Motor Oil on May 28 – it’s that racers share one goal: to be faster than the rest, no matter the car or venue.
Read More
Fernando Alonso
 
Formula One Champion Alonso To Test May 3 at IMS
Two-time Formula One World Champion Fernando Alonso will begin on-track preparation for his Indianapolis 500 debut with a test session Wednesday, May 3 at the Indianapolis Motor Speedway.
Read More
Fernando Alonso
 
'Triple Crown' Remains Moon Landing of Motor Racing
Seven-hundred and ninety-two drivers have strapped into a car on Race Day since 1911 to attempt to win the Indianapolis 500. At least that many drivers have raced on the public roads and long straights of Le Mans, France, with its fields of 50-plus sports cars. And hundreds of Formula One drivers have dared to race on the narrow, unforgiving streets of the principality of Monaco.
Read More
JW Marriott
 
JW Marriott To Celebrate 'Greatest CITY in Racing' with Huge Indy 500 Message
The Indianapolis skyline will again celebrate the Month of May and the 101st Running of the Indianapolis 500 presented by PennGrade Motor Oil, with a JW Marriott façade installation greeting residents and visitors from across the globe with a special, larger-than-life message.
Read More
Items 1 - 5 of 1,351
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
@ccsmith1989 That does sound right, actually!
about 6 hours ago