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
Marc Marquez
 
Marquez Retains MotoGP Crown in Motegi
The 2014 MotoGP World title was clinched by Marc Marquez at the Motul Grand Prix of Japan as he finished in second place behind race winner Jorge Lorenzo, with Valentino Rossi also on the podium.
Read More
Marc Marquez
 
Monday Racing Roundup: Marquez Clinches MotoGP Title at Motegi
On Sunday, the Repsol Honda rider became the youngest two-time world champion in the premier class by finishing second to Jorge Lorenzo at the Motul Grand Prix of Japan at Honda-owned Twin Ring Motegi.
Read More
Borg-Warner Trophy
 
New IMS Website Debuts
Fans of the Indianapolis Motor Speedway will find a new online experience at the redesigned IMS.com.
Read More
Red Bull Indianapolis GP Date Set For Aug. 7-9, 2015
 
Red Bull Indianapolis GP Date Set For Aug. 7-9, 2015
The FIM MotoGP World Championship will return to the Indianapolis Motor Speedway for an eighth consecutive year in 2015, as the Red Bull Indianapolis GP will take place Aug. 7-9.
Read More
Make-A-Wish, IMS Combine To Create Unforgettable Moment For Teenager
 
Make-A-Wish, IMS Combine To Create Unforgettable Moment For Teenager
JD, a 19-year-old Indianapolis resident battling Hodgkin’s lymphoma, was treated to an unforgettable morning on Tuesday at the Indianapolis Motor Speedway. Through Make-A-Wish Ohio, Kentucky and Indiana, he was treated to laps around the iconic 2.5-mile oval with Hildebrand and then, to great surprise, presented with his own restored car.
Read More
Items 1 - 5 of 465
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
And 3 #Brickyard winners RT @NASCAR: And then there were 8. #NASCAR http://t.co/lTTm1UnX6I
about 10 hours ago