Dec 10, 2013, 6:00 PM EDT
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.
May 22, 2015, 3:39 PM EDT
Tristan Vautier recaps a roller coaster month of May, where he’ll have a last-minute opportunity to race in the Indianapolis 500 with Dale Coyne Racing.
May 22, 2015, 3:30 PM EDT
A third straight feature race win for Stoffel Vandoorne sees him extend his lead at the top of the drivers’ championship.
May 22, 2015, 2:40 PM EDT
Harvey scores the win in Indy Lights’ biggest race of the year.
May 22, 2015, 2:00 PM EDT
Force India’s deputy team principal lashes out at the F1 Strategy Group, calls for a return to autocratic rule by the FIA and the F1 Group.
May 22, 2015, 1:00 PM EDT
Bids to supply tires to F1 upon the next change to the technical regulations now being taken.
May 22, 2015, 12:06 PM EDT
Notes as they develop from the ground in Indianapolis for Carb Day for the 99th Indianapolis 500.
May 22, 2015, 12:00 PM EDT
Bianchi remains in a coma in French hospital after sustaining severe head injuries at the Japanese Grand Prix last October.
May 22, 2015, 11:38 AM EDT
The team owner would like the season’s calendar expanded.
May 22, 2015, 10:30 AM EDT
Watch Carb Day IndyCar and Indy Lights coverage, from the Indianapolis Motor Speedway, at 11 a.m. ET on NBCSN and NBC Sports Live Extra.
May 22, 2015, 9:08 AM EDT
Still A LOT of stuff to watch for on Carb Day for the Verizon IndyCar Series, LIVE from 11 a.m. ET on NBCSN and NBC Sports Live Extra.
May 22, 2015, 8:22 AM EDT
Carb Day at IMS: always one of the busiest days of the year.
May 21, 2015, 11:51 PM EDT
In a bizarre and truly 11th hour circumstance, Tristan Vautier appears set to replace Carlos Huertas in Sunday’s Indianapolis 500.
May 21, 2015, 5:57 PM EDT
Oriol Servia says a connecting rod was removed that might have prevented the part from piercing the tub and critically injuring driver.
May 21, 2015, 5:00 PM EDT
American driver claims his second pole position in GP2 with a mesmerising display in Monaco on Thursday.
May 21, 2015, 4:32 PM EDT
The No. 5 beyond Indy 500 could be Daly, Wilson, or A.N. Other.
May 21, 2015, 4:00 PM EDT
Daniel Abt confirmed to be remaining with his family team for season two of the Formula E series.
May 21, 2015, 3:47 PM EDT
Boston confirmed for 2016 and beyond in IndyCar.
May 21, 2015, 3:33 PM EDT
SPM takes four of the top five spots on the Indy Lights grid.
May 21, 2015, 2:30 PM EDT
The McLaren driver lends his support to the proposed changes to F1 for 2017.
- Chip Ganassi lobbying for IndyCar schedule changes 0
- What to watch for: IndyCar, Indy Lights Carb Day (11 a.m. ET, NBCSN and Live Extra) 0
- IndyCar driver raises concern about design of wishbone that injured James Hinchcliffe in crash 3
- F1 Paddock Pass: Monaco Grand Prix (VIDEO) 0
- Hamilton tops quiet second Monaco GP practice 0
- Hamilton quickest in opening practice for Monaco GP 0
- James Hinchcliffe transferred out of ICU, full recovery expected 4