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
Indy 500 Superbowl Commerical
 
Indy 500 Commercial Adds to Spectacle of Super Bowl Broadcast
The commercial – a first for the Indianapolis 500 during the NFL’s marquee game -- will air regionally around the Midwest.
Read More
Fan Memories
 
Fan Memories: 'Race Day is Christmas Morning'
Trent Pohlar, originally from Indianapolis and now living in Greenwood, Indiana, will be attending his 49th consecutive Indianapolis 500. Pohlar, 59, works as a project sales manager for Architectural Glass & Metal Company, Inc.
Read More
Scott Dixon
 
Dixon Unveils Throwback Livery for 2016 Verizon IndyCar Series Season
Target Chip Ganassi Racing (TCGR) announced today the return of the team’s classic “Lightning Bolt” livery to the No. 9 Target Chevrolet driven by four-time and reigning Verizon IndyCar Series Champion Scott Dixon for the 2016 season.
Read More
Ryan Hunter-Reay
 
Honda and INDYCAR Announce Multiyear Extension
INDYCAR and Honda announced a multiyear extension to the agreement that retains the manufacturer as an engine supplier to the Verizon IndyCar Series.
Read More
Max Chilton
 
Chilton Joins Ganassi Lineup for 2016 Verizon IndyCar Series Season
Chip Ganassi Racing Teams announced Feb. 1 that the former Formula 1 driver from Reigate, England will pilot the No. 8 Chevrolet in a full-season effort for the 2016 season.
Read More
Items 1 - 5 of 2,095
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
RT @DaredevilBeer: It's going to be a great Carb Day this year! After the show at @IMS walk 4 blocks to keep it going with us :) https://t.…
about 2 hours ago