The bill creates a Motorsports Improvement Fund for loans for those businesses in the state including race tracks, race team owners, drivers and others.
The Speedway would receive $5 million a year for proposed improvements, to be repaid through the anticipated increase in income and sales tax collections.
The original Senate bill was aimed solely at providing financial support to the Indianapolis Motor Speedway for much-needed improvements at the track.
The bill would allocate $5 million in tax revenue each year for the next 20 years to renovate the speedway.
Many changes needed to comply with the Americans with Disabilities Act will be difficult to implement due to the age of the structures.
Though the temperatures were at near record highs, nothing could stop fans from enjoying what is known as the 'Greatest Spectacle in Racing'.
The Indianapolis Motor Speedway had to replace a temporary stage that did not pass inspection.
A driver meeting today will address the issues surrounding driver Dan Wheldon's death in a crash in Las Vegas.
The Clean Cities program works with both private and public groups to help them find the best solution for their situation.
A public service will be held today in Indianapolis for announcer Tom Carnegie.