Dec 10, 2013, 6:00 PM EST
Preliminary plans from Hulman & Co. to invest state funds into upgrades for the Indianapolis Motor Speedway have been approved by the Indiana Motorsports Commission. The ambitious plans focus on three areas: track modifications, fan experience and technology.
In regards to the track, upgrades identified include the installation of an apron for use in the Speedway’s NASCAR events such as the Brickyard 400 (something that Hulman CEO Mark Miles foreshadowed last week in Las Vegas). According to the Speedway, the apron will cost less than $1 million.
Also identified were the refurbishing of catch fencing and the recently-completed repaving and reconfiguration of IMS’ road course in advance of the inaugural Grand Prix of Indianapolis in May of 2014.
Noticeable was the lack of a lighting system around the 2.5-mile oval, which was initially seen as a possibility for the track due to the hot Indiana summers that Brickyard 400 fans must endure annually.
However, the Speedway said in a release that “economic studies showed this $20-million investment did not provide the best return for taxpayers.”
For fan experience, the Speedway has listed many improvements such as more comfortable seating, a bigger number of elevators for better grandstand access and suite renovations. Also on the agenda are a new scoring pylon and video screens, modernized restrooms, and more concession choices.
Technology-wise, the Speedway plans to have wireless access throughout the facility and “state-of-the-art data, video and audio availability” to go with that.
“We started with ideas for improvements that totaled hundreds of millions of dollars, and we’ve reduced our list to a list of potential projects with total spending of about $140 million,” Hulman president and chief administrative officer Jeff Belskus in a statement. “Now we have some difficult decisions ahead to pare the list further before we ask the commission for its approval.”
Additional improvements to IMS beyond the funds managed by the Commission will be included in a master plan that’s set to be released this coming spring.
Earlier this year, legislation was passed by the Indiana state government that created a motorsports investment district around IMS that will help fund the upgrades by collecting sales and income taxes on the property.
The same legislation also created a fund for motorsport-based businesses in Indiana to apply for loans that can help improve their own facilities.
Mar 8, 2014, 9:09 PM EST
NASCAR says both issues will be dealt with early next week.
Mar 8, 2014, 8:32 PM EST
Plus: Dale Jr. is pleased with the work from his JR Motorsports teammates and RCR has more than a few speeding issues.
Mar 8, 2014, 7:30 PM EST
“Rowdy,” lapped traffic, and a failing alternator were all unable to keep Bad Brad from taking the win.
Mar 8, 2014, 6:20 PM EST
The Nationwide Series driver is the first NASCAR racer to take part in a major anti-bullying program.
Mar 8, 2014, 6:00 PM EST
After finishing seventh in the season-opening NextEra Energy Resources 250 at Daytona International Speedway, Jeb Burton will be back behind the wheel for ThorSport Racing later this month at Martinsville.
Mar 8, 2014, 5:00 PM EST
Although a number of Sprint Cup drivers were quite vocal Friday about NASCAR’s new “knockout” qualifying system, particularly when their cars enter pit road and how to keep their motors cool, NASCAR will likely keep the format as is for the time being.
Mar 8, 2014, 4:36 PM EST
Neither Joey Logano or Brad Keselowski have ever won at Las Vegas.
Mar 8, 2014, 3:47 PM EST
Jamie McMurray was the fastest driver in Saturday’s final practice for Sunday’s Kobalt 400 at Las Vegas Motor Speedway. McMurray’s best lap was his first of the final session, covering the progressively-banked 1.5-mile surface at 186.942 mph. A close second was Daytona 500 pole sitter Austin Dillon at 186.896 mph. Third through fifth were Clint…
Mar 8, 2014, 3:25 PM EST
The F1 supremo and the Russian president talk in Sochi, site of this fall’s Russian Grand Prix.
New online network prepares to launch, will feature lower-tier NASCAR series, sports cars, motorcycle racing
Mar 8, 2014, 3:00 PM EST
A new online-only network that will focus on some of NASCAR’s lower-tier series, as well as similar series in sports car and motorcycle racing, will make its debut this Wednesday, March 12.
Mar 8, 2014, 2:30 PM EST
The 2012 Sprint Cup champion writes about perhaps the most critical opportunity of his career.
Mar 8, 2014, 2:10 PM EST
Ty Dillon will pace the field in this afternoon’s 2014 Boyd Gaming 200 Nationwide Series race, having earned his first career NNS pole Saturday morning at Las Vegas Motor Speedway.
Mar 8, 2014, 1:30 PM EST
First his truck made it into the NASCAR Hall of Fame. Now, NASCAR Camping World Trucks Series driver Darrell “Bubba” Wallace hopes someday he’ll be reunited with the truck if he is fortunate enough to make the Hall of Fame as an inductee.
Mar 8, 2014, 1:30 PM EST
The cars mark the 25th anniversary of the partnership between the department store giant and the legendary race team.
Mar 8, 2014, 12:51 PM EST
Michael Waltrip Racing teammates Brian Vickers and Clint Bowyer were fastest in Saturday morning’s first of two Sprint Cup practice sessions for Sunday’s Kobalt 400 at Las Vegas Motor Speedway.
Mar 8, 2014, 12:27 PM EST
Jimmie Johnson has seen a big change in Dale Earnhardt Jr. this season, particularly in confidence.
Mar 8, 2014, 12:00 PM EST
The winds of change are blowing over Formula 1 in 2014 – but there’s far more to it than smaller engines and ugly noses.
Mar 8, 2014, 11:15 AM EST
American prospect secures a test in Abu Dhabi next week for F1′s feeder series.
Mar 8, 2014, 11:00 AM EST
No new teams for 2014, but plenty of driver changes, staff signings and engine supplier switches creates an interesting dynamic for the new F1 season.
Mar 8, 2014, 10:00 AM EST
Former F1 driver believes that losses of Raikkonen, Allison, Boullier and de Beer will hit Lotus hard.
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