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.
Jul 31, 2015, 6:39 PM EDT
Jamin, Cooper emerge victorious to kick off the weekend at Mid-Ohio.
Jul 31, 2015, 5:00 PM EDT
Nasr calls on the team to make it through a rough patch ahead of the next raft of updates in Belgium.
Jul 31, 2015, 4:35 PM EDT
The Mid-Ohio dominator tops Friday practice in 2015.
Jul 31, 2015, 3:00 PM EDT
Verstappen joins Team Redline’s sim racing roster in a bid to keep sharp when not on the track.
Jul 31, 2015, 2:57 PM EDT
Some news and notes from the paddock at the Mid-Ohio Sports Car Course.
Jul 31, 2015, 2:00 PM EDT
We round up all of the latest news and developments in Formula E ahead of pre-season testing next month.
Jul 31, 2015, 1:00 PM EDT
With victory in Hungary, Vettel closed the gap at the top to 42 points – but can he catch Lewis Hamilton and challenge for a fifth world title?
Jul 31, 2015, 12:07 PM EDT
First blood to Bourdais in practice at Mid-Ohio ahead of Power and Newgarden.
Jul 31, 2015, 10:24 AM EDT
Hinchcliffe’s recovery continues following his accident in practice for the Indy 500 back in May.
Jul 31, 2015, 9:30 AM EDT
Gutierrez claims his work in a reserve role at Ferrari is helping to open up some new opportunities for 2016.
Jul 31, 2015, 8:42 AM EDT
Josef Newgarden’s future will become a talking point at some stage, but it appears it will be after the season.
Jul 31, 2015, 7:26 AM EDT
Umphrey’s McGee on a GTSport Racing Porsche Cayman S? Believe it.
Jul 31, 2015, 7:00 AM EDT
TV times from Mid-Ohio this weekend.
Jul 30, 2015, 5:11 PM EDT
Discounted tickets set to go on sale this Friday in a bid to improve attendance figures.
Jul 30, 2015, 4:48 PM EDT
Derrick Walker on the prowl for whatever’s next in his long racing career.
Jul 30, 2015, 3:30 PM EDT
Despite running fifth in the standings with three races to go, Power hasn’t given up on retaining the no. 1 for 2016.
Jul 30, 2015, 2:22 PM EDT
The 2016 F1 season is set to swell to a record 21 races.
Jul 30, 2015, 12:30 PM EDT
Ericsson reflects on his first half-season with Sauber that has brought his first points in F1, but also presented some missed opportunities.
Jul 30, 2015, 12:22 PM EDT
Derrick Walker to resign from INDYCAR at year’s end.
Jul 30, 2015, 11:30 AM EDT
With seven races at Mid-Ohio Sports Car Course this weekend, it’s an important one for the entire Mazda Road to Indy.
- Dixon fastest on Friday at Mid-Ohio 1
- Hinchcliffe undergoes final surgery, now “can’t wait to be strapping back in” 2
- With 2016 plans undetermined, Newgarden focused on finishing 2015 strong 1
- Racing, music blend as Umphrey’s McGee partners with GTSport Racing for rest of 2015 PWC season 1
- Exploring what’s next for Derrick Walker as he announces he’s leaving IndyCar 0
- INDYCAR announces Derrick Walker has resigned from series 9
- Preview: Honda Indy 200 at Mid-Ohio critical in IndyCar title chase 1