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.
Apr 1, 2015, 1:47 PM EDT
Helio Castroneves pulls an April Fool’s prank.
Apr 1, 2015, 1:15 PM EDT
A challenging weekend for Scott Dixon occurs from qualifying through the race in St. Petersburg.
Apr 1, 2015, 12:18 PM EDT
Pierre Gasly to test STR10 after Spanish Grand Prix weekend in May.
Apr 1, 2015, 11:30 AM EDT
While St. Petersburg had its positives as a weekend, Tony DiZinno reflects on two disconcerting themes that emerged from the race itself.
Apr 1, 2015, 10:54 AM EDT
ABC Supply steps up again, now as Pocono race title sponsor.
Apr 1, 2015, 10:03 AM EDT
Alexander Rossi looks ahead to the upcoming GP2 season.
Mar 31, 2015, 6:04 PM EDT
Off the Grid Mexico kicks off with episode one of a six-part digital series.
Mar 31, 2015, 4:17 PM EDT
Jann Mardenborough and two spectators were released after this weekend’s VLN crash at the Nurburgring.
Mar 31, 2015, 3:00 PM EDT
Subaru’s Red Bull GRC challenger revealed.
Mar 31, 2015, 1:52 PM EDT
ESM recaps its test from the Prologue at Paul Ricard.
Mar 31, 2015, 12:47 PM EDT
IMS statement comes out after Indiana’s recent religious freedom legislation.
Mar 31, 2015, 11:15 AM EDT
Catching up on the rest of the action from St. Petersburg, with a run through the moments of contact that triggered avoidable contact penalties.
Mar 31, 2015, 10:11 AM EDT
Rolling Stones to play at the Indianapolis Motor Speedway.
Mar 31, 2015, 9:33 AM EDT
Loose debris hit by a car, then goes over wall and hits a fan outside Turn 10 at St. Petersburg.
Mar 30, 2015, 4:00 PM EDT
Hawksworth, Filippi impress on opening outings with their new teams in St. Petersburg.
Mar 30, 2015, 3:15 PM EDT
IndyCar’s “old guard” reigned in St. Petersburg, as the new manufacturer aero kits debuted.
Mar 30, 2015, 2:30 PM EDT
Victory number 70 of the Italian’s remarkable Moto GP career.
Mar 30, 2015, 1:35 PM EDT
However, Williams test driver Susie Wolff believes that women should be reaching F1 in a more organic way.
Mar 30, 2015, 12:00 PM EDT
KVSH’s Bourdais gets result after a consistent drive; KV’s Coletti stars but fades after late race splash-and-dash for fuel.
Mar 30, 2015, 11:00 AM EDT
Pro Mazda, USF2000, Pirelli World Challenge, SST roundup from St. Petersburg.
- DiZinno: St. Pete provides solid 2015 season kickoff, but issues some warning signs 0
- Off The Grid Mexico Kicks Off on NBCSports.com (VIDEO) 0
- Spectator injured but in stable condition after being hit by debris at St. Pete race 4
- Experience trumps youth on IndyCar’s opening weekend with aero kits 3
- NHRA: Jack Beckman (54 races), Larry Morgan (120 races) snap lengthy winless streaks in 4-Wide Nationals 2
- Montoya’s evolution evident after statement victory in St. Pete 2
- Montoya ekes out win in St. Petersburg season opener 6