IMS Sold

[4Q_iu]

IndyStar announcing the sale of IMS, the Indy 500 & IndyCar Racing to Roger Penske

new conference today @ 1100 a.m.

https://www.indystar.com/story/news/2019/11/04/indianapolis-motor-speedway-sold-penske/4154155002/

 

[IndyTreeFan]

:shocked:

 

[meistro]

The family getting out of all business ventures makes me wonder if they’re running out of money, too much in fighting, or what?

 

[niklz62]

does this mean that they wont be building a dome if they change the name of the school to Hulman State?

 

[IndyTreeFan]

does this mean that they wont be building a dome if they change the name of the school to Hulman State?

ISU had that chance once. They turned down the money.

 

[4Q_iu]

ISU had that chance once. They turned down the money.

one of the many ISU myths, IIRC. I overheard John Newton disavow any offer like that from the Hulman's and if anyone has been in the "know" at ISU for the past... 35? 45? years, it's John.

 

[4Q_iu]

The family getting out of all business ventures makes me wonder if they’re running out of money, too much in fighting, or what?

I believe both are true... they $$ are getting smaller leading to fighting amongst the girls and Tony.