Final practice, air demonstrations and music acts round out schedule Friday, May 24 at IMS. Read More>
Two departure times provide more flexibility for fans who want to commute to the track on their bike on Race Day. Read More>
This partnership represents the first time a major athlete's sponsorship has been decided by a vote using blockchain technology. Read More>
View images from the shortened first day of the Indianapolis 500 Open test at Indianapolis Motor Speedway. View Photos>
View images from the once-in-a-lifetime Total Solar Eclipse event at Indianapolis Motor Speedway. View Photos>
Josef Newgarden unveils the 2024 Indianapolis 500 Ticket View Photos>
The Indianapolis Motor Speedway prides itself on its fire rescue and medical response teams that arrive to the scene of an accident within seconds. But how do they get that good? On Behind the Bricks, IMS President Doug Boles takes you through the annual Motorsports Safety Training at IMS, which features specific training scenarios for INDYCAR, NASCAR, IMSA and more to make sure every driver at IMS is safe. Watch Video>
On this episode of Doug and Drivers, 2022 Indy 500 winner Marcus Ericsson sits down with Doug Boles to talk about the pain of coming so close to scoring back-to-back wins, how he wanted to compete on ovals after his Formula 1 career and the transition to Andretti Global. Watch Video>
Why does Scott McLaughlin move his hands around so much in the car? What "button" is he pushing? What's the pressure of the iconic Yellow Submarine like? We cover that and so much more with Scott McLaughlin on the latest Doug and Drivers. Watch Video>
April 27, 2013 | By Paul Kelly
The Indiana General Assembly approved a bill as the clocked approached midnight Friday, April 26 that will strengthen the state’s position as a global leader in the motorsports industry and create benefits for economic development in tourism, hospitality and motorsports, including upgrades and improvements at the Indianapolis Motor Speedway. House Bill 1544 passed the House and Senate is on its way to the desk of Gov. Mike Pence. The legislation creates an Indiana Motorsports Investment District that will capture growth in sales and income taxes at the commercial property that includes IMS 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. “We appreciate the hard work done by state lawmakers to ensure Indiana remains the worldwide leader in motorsports,” said Jeff Belskus, Indianapolis Motor Speedway Corporation president and chief executive officer. “This legislation will allow us to make transformative improvements to our 104-year-old facility over the next several years that will greatly enhance the fan experience.” According to the legislation, IMS will receive a loan from the state for up to $5 million per year for 20 years to complete capital improvement projects. The loan will be repaid through the anticipated increases in income and sales tax collections at IMS and will be guaranteed by IMS’ parent company, Hulman & Co. In addition, IMS will contribute $2 million per year, $40 million total, over 20 years toward the improvements. The legislation also creates an Indiana motorsports fund where the state will provide up to an additional $5 million per year to the IEDC for loans to motorsports businesses and tracks interested in making improvements to their facilities. “The impact of motorsports in Indiana is felt in all 92 counties, and this industry provides 23,000 direct jobs statewide that pay an average wage of nearly $63,000 per year,” said Tom Weisenbach, Indiana Motorsports Association executive director. “Our state lawmakers understand the significant economic impact of our industry, and we greatly appreciate their support as we look to grow our state’s economy.” Projects that could be implemented by IMS as a result of this legislation will be determined in part through a master facility use plan process that is underway at IMS.