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
Kurt Busch and Ryan Hunter-Reay
 
Hunter-Reay and Busch Team Up Again
Ryan Hunter-Reay and Kurt Busch will be teammates again Dec. 13-14 when they will represent the USA in the Race of Champions' Nations Cup at the Bushy Park Circuit in Barbados.
Read More
Brad Keselowski
 
Monday Racing Roundup: Keselowski’s Clutch Win at Talladega Seals Eliminator Berth
Brad Keselowski pulled off the improbable win in his No. 2 Ford, overcoming an early incident to climb back into the perilous Talladega drafts and then surviving the final furious laps to win by .141 of a second over Matt Kenseth. The 2012 champion advanced to the “Eliminator” round, which begins this weekend at Martinsville.
Read More
James Hinchcliffe Drives a Vintage Porsche
 
Hinchcliffe Tests Legendary Sports Cars at IMS
The three-time Verizon IndyCar Series race winner was tasked by R&T to test drive a Porsche 962, one of the most legendary sports cars on the planet, alongside Porsche’s new 918, at the famed Indianapolis Motor Speedway for an upcoming issue.
Read More
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
Kevin Harvick
 
Harvick Wins in Charlotte
With the dominant car in Saturday night’s Bank of America 500 at Charlotte Motor Speedway, Kevin Harvick led 162 laps and survived a wild two-lap dash to the finish after the final caution en route to his third NASCAR Sprint Cup Series win of the season and a free pass into the Eliminator Round of the Chase.
Read More
Items 1 - 5 of 1,762
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
We talked brakes and tires with HOF Museum Historian Donald Davidson in the latest #AskDonald: http://t.co/SnJjPpsX2d http://t.co/ryi4Ay2SvT
about 9 hours ago