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 16, 2014, 8:48 AM EDT
All-electric Garage 56 prototype features another familiar Nissan name in his Le Mans return.
Apr 15, 2014, 8:33 PM EDT
If Sprint Cup drivers’ comments during today’s Goodyear tire test at Kansas Speedway are an indication, we can expect to see track records fall next month on the 1.5-mile oval.
Apr 15, 2014, 7:30 PM EDT
Kyle Petty breaks down critical pit strategies in recent races, and Nate Ryan reports on today’s Goodyear tire test at Kansas.
Apr 15, 2014, 6:42 PM EDT
Rookie rival Kyle Larson has been more flashy, but Dillon’s consistency has paid off in the season’s first eight races.
Apr 15, 2014, 5:45 PM EDT
On tap: The decision of four tires or two; Jeff Gordon’s crew chief, Alan Gustafson; today’s tire test at Kansas; and the Darlington edition of “Scan All 43.”
Apr 15, 2014, 4:55 PM EDT
Mosley’s advice to current FIA president Jean Todt? “Take no notice.”
Apr 15, 2014, 4:01 PM EDT
The first race of last month’s season-opening weekend in St. Petersburg was rained out.
Apr 15, 2014, 3:16 PM EDT
The Force India driver will look to continue his momentum this weekend in China.
Apr 15, 2014, 2:11 PM EDT
The test will help determine the aerodynamic options available to teams for this June’s IndyCar event on the 1.5-mile oval in Fort Worth.
Apr 15, 2014, 1:45 PM EDT
Video highlights from the first Chinese Grand Prix, already 10 years ago.
Apr 15, 2014, 1:01 PM EDT
Like father, like daughter? Ella Sofia Gordon got her first taste of a quarter-midget car earlier this week.
Apr 15, 2014, 12:45 PM EDT
Some of IndyCar’s top performers, stats of notes and points after two races.
Apr 15, 2014, 12:00 PM EDT
Indy Lights rookie Lloyd Read has either been really unlucky with circumstances or really lucky to avoid worse circumstances in the first two races, depending on your interpretation.
Apr 15, 2014, 11:15 AM EDT
Where the NASCAR points standings sit after eight races, now post-Darlington.
Apr 15, 2014, 10:30 AM EDT
Expert insight from NBCSN’s IndyCar ace analyst Townsend Bell returns for a second season on MotorSportsTalk.
Apr 15, 2014, 10:07 AM EDT
No overturning of Red Bull’s appeal at Melbourne.
Apr 14, 2014, 8:00 PM EDT
See what changed between Sunday morning and Sunday afternoon for three of IndyCar’s best – a street race at Long Beach where the gloves came off.
Apr 14, 2014, 7:37 PM EDT
Sabine Kehm also talks about the Schumacher family having to deal with “untruths” in media reports about the seven-time F1 champion’s health.
Apr 14, 2014, 6:45 PM EDT
Rick Allen and Kyle Petty discuss the Darlington efforts from Dale Earnhardt Jr., Tony Stewart, and Jimmie Johnson – as well as Kurt Busch and Clint Bowyer’s late incident.
Apr 14, 2014, 6:05 PM EDT
The open-wheel veteran will drive a third car for the defending ’500′ champions.
More from NASCAR America
- IndyCar: Massive crash triggered after round of pit stops (VIDEO) (17)
- Clint Bowyer hits ‘white-of-your-eyes-fast’ speed of 217 mph in tire test at Michigan (13)
- American-based F1 franchise, Haas Formula, officially introduced (9)
- Andretti drivers say GP of Long Beach should stay with IndyCar (7)
- Kurt Busch won’t soon forget Clint Bowyer’s race-ruining shove at Darlington (VIDEO) (6)