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.
Jan 26, 2015, 8:45 PM EST
NASCAR heavily is considering using the May 16 showcase as a trial run of the rules package for the 2016 season and has begun informing Sprint Cup teams of the possibility.
Jan 26, 2015, 8:33 PM EST
Quick recap for Day 1 of 3 in South Florida for the Indy Lights contingent.
Jan 26, 2015, 8:06 PM EST
Kyle Busch say that he doesn’t see Toyota partners Joe Gibbs Racing and Michael Waltrip Racing working closely together and that “we’re idiots” for not doing so.
Jan 26, 2015, 7:04 PM EST
Kyle Busch is not pleased with those who have confused him with his brother in reporting on Kurt Busch’s recent court matter.
Jan 26, 2015, 6:05 PM EST
Will its expansion help or hurt its hopes of a Sprint Cup title?
Jan 26, 2015, 4:54 PM EST
Which Joe Gibbs Racing driver will have the best season in 2015? Newcomer Carl Edwards, or Matt Kenseth, or JGR stalwarts Kyle Busch or Denny Hamlin?
Jan 26, 2015, 4:38 PM EST
After last year’s exciting Chase for the Sprint Cup, NASCAR chairman Brian France painted a very positive state of the sport Monday. There are still challenges, but NASCAR is working at fixing those.
Jan 26, 2015, 4:05 PM EST
NASCAR Chairman Brian France says series officials are not looking to eliminate the four-car limit for teams.
Jan 26, 2015, 3:58 PM EST
The wireless communications company already has announced its departure after the end of its contract in 2016
Jan 26, 2015, 3:30 PM EST
Devon Amos, Jay Beasley, Collin Cabre, Natalie Decker, Kenzie Ruston, and Dylan Smith part of this year’s D4D program; an update on Daytona Rising renovation project.
Jan 26, 2015, 3:22 PM EST
Greg Morin, a pit coach overseeing the crews of Jimmie Johnson and Dale Earnhardt Jr., is leaving his position after January.
Jan 26, 2015, 3:08 PM EST
NASCAR has outlawed the practice of teams manipulating — or flaring out — of rear side skirts to produce an aerodynamic advantage.
Jan 26, 2015, 1:25 PM EST
The Grove gang reveals its lineup for the first F1 preseason test of 2015.
Jan 26, 2015, 12:00 PM EST
Video game retail company continues support of Joe Gibbs Racing’s XFINITY Series program.
Jan 26, 2015, 11:30 AM EST
Official launch of the new car is set for Friday.
Jan 26, 2015, 11:09 AM EST
NASCAR Hall of Famer Dale Jarrett will join NBC and NBCSN’s coverage of NASCAR in 2015, it was announced Monday.
National Motorsports Press Association honors Lynda Petty, Kevin Harvick and others for service, achievement
Jan 26, 2015, 10:31 AM EST
Richard Petty’s late wife, Lynda, and 2014 Sprint Cup champion Kevin Harvick were among those who were honored during Sunday’s National Motorsports Press Association annual awards banquet.
Jan 26, 2015, 10:10 AM EST
Lotus hopes to put a less-than-competitive 2014 to rest with the help of its new car.
Jan 26, 2015, 9:36 AM EST
A long layoff has drivers such as Danica Patrick ready ‘to take out this aggression somewhere right now.’
Jan 25, 2015, 11:33 PM EST
A big fan of the Rolex 24 at Daytona, Dale Earnhardt Jr. posed a rather interesting question to his Twitter followers: Could NASCAR ever do — let alone consider — a 24-hour race?
Video from NASCAR America
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