WEBVTT 1 00:00:00.209 --> 00:00:03.240 And Alex Palou snakes around Marcus Ericsson. 2 00:00:06.610 --> 00:00:11.770 In Indiana, speed is more than sport. 3 00:00:11.770 --> 00:00:14.599 It's an engine for the economy. 4 00:00:16.160 --> 00:00:19.489 It's where tradition meets innovation. 5 00:00:19.830 --> 00:00:22.259 Drivers, start your engines. 6 00:00:22.259 --> 00:00:22.870 At 230 miles per hour. 7 00:00:23.350 --> 00:00:30.750 But the real story goes beyond the checkered flag, the teams, the 8 00:00:30.750 --> 00:00:36.469 technology, the thousands of high-tech jobs, and a supply chain that stretches 9 00:00:36.510 --> 00:00:38.260 from Main Street to the world. 10 00:00:38.809 --> 00:00:43.119 It's a multi-billion dollar industry that helps drive the Hoosier economy. 11 00:00:43.389 --> 00:00:48.220 Welcome to Business at the Brickyard, presented by LiUNA. 12 00:00:48.720 --> 00:00:55.459 From Indiana's business news leader, this is IBJ Media's Inside Indiana Business 13 00:00:55.459 --> 00:01:01.280 with Gerry Dick, presented by Elevate Ventures, Indiana University, LiUNA, 14 00:01:01.280 --> 00:01:03.829 and the Indiana Association of Realtors. 15 00:01:03.829 --> 00:01:04.020 Hello, 16 00:01:04.020 --> 00:01:05.709 and welcome to Inside Indiana Business. 17 00:01:05.709 --> 00:01:09.410 I'm Gerry Dick, coming to you once again this week from the Indianapolis 18 00:01:09.410 --> 00:01:13.779 Motor Speedway, as we continue our month-long look at the economic impact 19 00:01:13.779 --> 00:01:16.129 of motor sports on the Indiana economy. 20 00:01:16.660 --> 00:01:19.019 You know, this place, the world's greatest race course, the 21 00:01:19.090 --> 00:01:21.879 Indy 500, are about tradition. 22 00:01:22.280 --> 00:01:25.560 But in Indiana, motor sports is about more than tradition. 23 00:01:25.699 --> 00:01:29.330 It's an economic engine and a global brand for our state. 24 00:01:29.749 --> 00:01:35.359 A comprehensive study conducted last year by Performance Racing Industry pegs motor 25 00:01:35.359 --> 00:01:41.749 sports' total economic impact in Indiana at more than $2.75 billion, accounting for 26 00:01:41.749 --> 00:01:47.720 some 11.300 full-time jobs, and many of those jobs pay above the state average. 27 00:01:48.089 --> 00:01:50.720 There are signs of momentum around the IndyCar series. 28 00:01:50.720 --> 00:01:50.789 On 29 00:01:50.789 --> 00:01:53.319 the third row, we have a green flag as- 30 00:01:53.319 --> 00:01:59.099 TV viewership surging, the Indy 500 booming once again, with another sellout 31 00:01:59.099 --> 00:02:01.120 expected to be announced really any day. 32 00:02:01.599 --> 00:02:05.309 The series is also exploring new territory and partnerships. 33 00:02:05.510 --> 00:02:09.330 Kyle Kirkwood will win on the streets of Arlington. 34 00:02:09.730 --> 00:02:13.220 Like a recent collaboration with Jerry Jones and the Dallas Cowboys. 35 00:02:13.550 --> 00:02:17.300 And joining me now is the man, uh, in charge of driving that vision, the CEO 36 00:02:17.300 --> 00:02:20.700 of the IndyCar series, also the CEO of Penske Entertainment, Mark Miles. 37 00:02:20.700 --> 00:02:21.940 As always, Mark, great to see you. 38 00:02:22.150 --> 00:02:23.789 Gerry, if, if you're here, it must be May. 39 00:02:24.050 --> 00:02:26.200 Well, it i- yes, definitely is, is May. 40 00:02:26.230 --> 00:02:27.429 And, uh, we're excited about it. 41 00:02:27.429 --> 00:02:28.249 I know you are, too. 42 00:02:28.279 --> 00:02:32.739 And the word that we continue to hear around the IndyCar series is momentum. 43 00:02:32.770 --> 00:02:36.900 What are you seeing, uh, beyond the Indy 500 in terms of momentum? 44 00:02:37.400 --> 00:02:40.099 It's, it's incredibly gratifying. 45 00:02:40.099 --> 00:02:41.230 It's great momentum. 46 00:02:41.630 --> 00:02:44.749 All our friends in Indianapolis think what we do every day is the 47 00:02:44.749 --> 00:02:48.289 Indianapolis Motor Speedway and the 500, which is fundamental, right? 48 00:02:48.289 --> 00:02:50.819 But the IndyCar series, we've had five races. 49 00:02:50.880 --> 00:02:53.440 We start every year in St. Petersburg, Florida. 50 00:02:53.470 --> 00:02:53.609 But 51 00:02:53.609 --> 00:02:58.570 finally, finally, the fastest racing on Earth is back. 52 00:02:58.980 --> 00:03:03.460 And we go from St. Pete, we went to Phoenix. 53 00:03:03.530 --> 00:03:05.860 Phoenix was a new experiment. 54 00:03:06.269 --> 00:03:09.860 We collaborated with NASCAR on their weekend, so they ran a Cup 55 00:03:09.860 --> 00:03:12.290 race on Sunday, we ran on Saturday. 56 00:03:12.570 --> 00:03:17.160 Like 150% increase in television audience, and attendance was great. 57 00:03:17.520 --> 00:03:20.840 Joseph Newgarden will deliver the victory in Phoenix. 58 00:03:20.840 --> 00:03:21.250 Let's go. 59 00:03:21.250 --> 00:03:21.389 Let's 60 00:03:22.199 --> 00:03:22.240 go. 61 00:03:23.260 --> 00:03:24.559 Then we go to Arlington. 62 00:03:24.559 --> 00:03:27.410 This was a brand new race where we joint ventured. 63 00:03:27.580 --> 00:03:32.239 We created a, a JV with Jerry Jones and the ownership of the, uh, 64 00:03:32.299 --> 00:03:34.799 Rangers, and it blew people away. 65 00:03:34.799 --> 00:03:35.810 It was so well done. 66 00:03:35.810 --> 00:03:38.759 The crowds, it sold out the grandstands and the suites. 67 00:03:39.299 --> 00:03:42.500 Um, then we go to Barber, then we go to, to Long Beach, and 68 00:03:42.500 --> 00:03:43.529 it's just been off the charts. 69 00:03:43.619 --> 00:03:43.649 I 70 00:03:43.649 --> 00:03:45.340 just want to ask you about those partnerships in a, in 71 00:03:45.439 --> 00:03:47.090 a moment, but back to TV. 72 00:03:47.419 --> 00:03:51.750 The move to Fox last year, 25 was, uh, basically a breakout year, I 73 00:03:51.750 --> 00:03:53.430 think, for the IndyCar series on TV. 74 00:03:53.739 --> 00:03:54.649 What are you seeing this year? 75 00:03:54.709 --> 00:03:54.840 Yeah. 76 00:03:54.840 --> 00:03:58.799 Last year we were being talked about as the highest growth rate 77 00:03:59.299 --> 00:04:02.480 in sports in the US, so crazy. 78 00:04:02.480 --> 00:04:05.340 But i- and we start from a smaller base than, say, the NFL. 79 00:04:05.340 --> 00:04:05.509 Yeah, right. 80 00:04:05.829 --> 00:04:06.619 But a really good year. 81 00:04:06.929 --> 00:04:12.130 This year we're up 44% over last year after those first five races, and that's 82 00:04:12.130 --> 00:04:16.569 a combination of great promotion, great scheduling with our partners at Fox, 83 00:04:16.960 --> 00:04:19.600 and, and some of these new races that are really getting people's attention. 84 00:04:20.939 --> 00:04:23.509 Collaborations, I know, uh, uh, partnerships are a big 85 00:04:23.509 --> 00:04:24.819 part of this as, as well. 86 00:04:24.899 --> 00:04:28.810 You mentioned Jerry Jones, the Cowboys, the Texas Rangers with the Arlington race. 87 00:04:28.810 --> 00:04:32.069 Talk about that, uh, how that came together and what it was 88 00:04:32.069 --> 00:04:33.310 like working with the Cowboys. 89 00:04:33.819 --> 00:04:36.200 Yeah, the whole thing was great a- and not easy. 90 00:04:36.450 --> 00:04:40.460 Uh, uh, working with them became easy, but we talked about the possibility 91 00:04:40.460 --> 00:04:43.329 for at least a couple years before we said, "Okay, let's do this." 92 00:04:43.829 --> 00:04:50.039 Created a, incorporated a joint venture, installed a, a, a president to run it, and 93 00:04:50.069 --> 00:04:52.079 the, the partnership couldn't have been 94 00:04:52.460 --> 00:04:52.590 better. 95 00:04:52.590 --> 00:04:53.910 Uh, sum up how you made it happen. 96 00:04:54.160 --> 00:04:58.649 Well, I'll tell you, uh, I couldn't imagine the quality, uh, that the 97 00:04:58.649 --> 00:05:03.329 Penske group, uh, and, uh, all of the workers that have made this possible. 98 00:05:03.359 --> 00:05:03.950 The 99 00:05:03.950 --> 00:05:08.409 Cowboys and the Rangers, you know, major leagues think at another level. 100 00:05:08.970 --> 00:05:10.119 They're so well connected. 101 00:05:10.119 --> 00:05:15.509 They've got huge databases, fan bases, all kinds of promotional opportunities 102 00:05:15.580 --> 00:05:17.390 come along with their, their involvement. 103 00:05:17.580 --> 00:05:19.640 This place really is a joy to drive. 104 00:05:19.640 --> 00:05:24.200 Every lap that we, that I've had out there, it, it, uh, is really fun. 105 00:05:24.399 --> 00:05:25.619 Like, it's a great circuit. 106 00:05:26.280 --> 00:05:31.269 And then we really blew it out at collectively in the setup, the look of it. 107 00:05:31.940 --> 00:05:35.209 Uh, I, I think it rivaled anything that Formula 1 does in this country. 108 00:05:35.539 --> 00:05:35.730 Yeah. 109 00:05:36.179 --> 00:05:38.649 Is that the future, partnerships, collaborations like that? 110 00:05:38.920 --> 00:05:39.590 There's gonna be more. 111 00:05:39.980 --> 00:05:44.310 Um, this got the attention of other NFL owners that are, you know, 112 00:05:44.310 --> 00:05:47.599 we're, we're talking with, but we don't want to be a one trick pony. 113 00:05:47.679 --> 00:05:51.700 We, we love the partnerships and when you bring in partners that bring real 114 00:05:51.700 --> 00:05:53.235 strategic benefits, it's a great thing. 115 00:05:53.235 --> 00:05:54.174 A great plus. 116 00:05:54.315 --> 00:05:57.524 I know I've seen you talking about a growth and the IndyCar 117 00:05:57.524 --> 00:05:58.894 Series being in a growth mode. 118 00:05:58.894 --> 00:06:01.545 As you look to the future, where are those growth opportunities? 119 00:06:02.285 --> 00:06:05.005 Well, ultimately, it's gonna be more television revenues. 120 00:06:05.394 --> 00:06:08.365 I mean, we're, we don't have huge television revenues. 121 00:06:08.365 --> 00:06:11.614 If you look at NASCAR, they're like a billion dollars a year. 122 00:06:12.114 --> 00:06:14.464 Formula 1 globally is about a billion dollars a year. 123 00:06:14.464 --> 00:06:18.144 We're not in that zip code yet, and I don't know when we'll get to there. 124 00:06:18.175 --> 00:06:23.665 But, you know, a, a, a useful increase is a... all drops to the bottom line here. 125 00:06:23.694 --> 00:06:27.444 So that's gonna be the thing, and that's probably 2030-ish before 126 00:06:27.444 --> 00:06:29.075 we'll have a real opportunity. 127 00:06:29.104 --> 00:06:32.885 But if we do, we hit all the marks right now, I think that's gonna be very real. 128 00:06:33.174 --> 00:06:37.514 How important is being partnered with Fox to achieving those goals? 129 00:06:37.514 --> 00:06:38.334 R- really important. 130 00:06:38.825 --> 00:06:41.784 Th- they just, th- they're just such great partners. 131 00:06:41.784 --> 00:06:42.494 They're nimble. 132 00:06:42.494 --> 00:06:43.124 They're creative. 133 00:06:43.154 --> 00:06:45.435 They care deeply about this. 134 00:06:45.665 --> 00:06:46.784 They invested, right? 135 00:06:46.784 --> 00:06:51.464 So they own a third of the company beyond being our broadcast partner, and 136 00:06:51.464 --> 00:06:54.834 so they want to see it grow and, and it's in their interest to see it grow. 137 00:06:55.444 --> 00:06:56.464 And they're just so creative. 138 00:06:56.464 --> 00:06:58.165 They know all the NFL owners, right? 139 00:06:58.205 --> 00:07:03.635 They know all, all the, the major league, uh, leadership, and on and on and on. 140 00:07:03.635 --> 00:07:07.074 They, you know, their corporate family owns the Wall Street Journal. 141 00:07:07.205 --> 00:07:10.804 Mm. So that's independent journalism, but it doesn't mean they can't 142 00:07:10.804 --> 00:07:11.944 get the right guy on the phone. 143 00:07:12.175 --> 00:07:12.264 Yeah. 144 00:07:12.444 --> 00:07:14.525 So in so many ways, they, they help. 145 00:07:14.864 --> 00:07:18.025 They can help, and they do help, often before we even think of asking. 146 00:07:18.235 --> 00:07:18.785 Yeah, yeah. 147 00:07:19.084 --> 00:07:20.135 Final question for you. 148 00:07:20.135 --> 00:07:24.504 We are, uh, focused on the, the economic, uh, impact of motorsports in Indiana. 149 00:07:24.874 --> 00:07:28.395 H- how, uh, important is it for the IndyCar Series to be headquartered 150 00:07:28.395 --> 00:07:30.404 here, uh, in the motorsports capital? 151 00:07:30.834 --> 00:07:31.724 No, it's a great question. 152 00:07:31.724 --> 00:07:37.665 I mean, again, all, all of our fans here think of us, I think, as the Indy 500 153 00:07:37.665 --> 00:07:39.124 and the Indianapolis Motor Speedway. 154 00:07:39.754 --> 00:07:44.215 But more, all, all but about two of the IndyCar teams are headquartered here. 155 00:07:44.215 --> 00:07:47.775 They're making hundred-million-dollar investments in facilities. 156 00:07:48.324 --> 00:07:52.605 They're bringing in better and brighter engineers and talent that are part of our 157 00:07:52.705 --> 00:07:54.635 community now from all over the world. 158 00:07:55.215 --> 00:07:57.535 And, uh, I think it's, it's very important. 159 00:07:57.535 --> 00:07:59.804 It, and, and that's the teams. 160 00:07:59.804 --> 00:08:04.754 If you look at our supply chain t- uh, companies like Dallara- Those are 161 00:08:04.754 --> 00:08:09.775 serious engineering firms that are doing all kinds of really creative work that 162 00:08:09.804 --> 00:08:11.715 is, is a great plus for the, for the 163 00:08:11.764 --> 00:08:13.745 region Mark Miles, the CEO of the IndyCar Series. 164 00:08:13.745 --> 00:08:14.644 As always, great to see you. 165 00:08:14.674 --> 00:08:14.964 Thanks. 166 00:08:14.964 --> 00:08:15.344 Thanks, Gerry. 167 00:08:15.514 --> 00:08:19.283 Well, we will be back on track in just a few minutes. 168 00:08:21.444 --> 00:08:26.334 We catch up with an IndyCar fan favorite, and Noblesville native, Conor Daly. 169 00:08:26.744 --> 00:08:31.845 His mindset going into the 2026 Indy 500, plus what drives him 170 00:08:31.845 --> 00:08:33.715 to keep getting behind the wheel. 171 00:08:34.084 --> 00:08:37.625 Northeast Indiana is essential to elevating Indiana's future. 172 00:08:37.955 --> 00:08:39.664 Explore how IBJ Media, 173 00:08:39.734 --> 00:08:44.105 Inside Indiana Business, and the State of Indiana are bringing a bold vision 174 00:08:44.134 --> 00:08:48.545 for regional growth at Innovate Northeast Indiana, presented by CareSource, Indiana 175 00:08:48.545 --> 00:08:50.375 University, and Old National Bank. 176 00:08:50.554 --> 00:08:54.185 Join Governor Mike Braun and business and community leaders for a candid 177 00:08:54.185 --> 00:08:57.644 discussion on growth, workforce development, and innovation. 178 00:08:57.775 --> 00:08:59.534 We'll be at the Clyde Theatre, Friday, May 15th. 179 00:08:59.534 --> 00:09:03.655 RSVP now at ibj.com/innovate. 180 00:09:04.315 --> 00:09:06.905 Today, you either innovate or evaporate. 181 00:09:07.574 --> 00:09:10.025 We are accelerating the pursuit of progress. 182 00:09:11.014 --> 00:09:16.025 From the foods we eat to the heights we soar, because this is Indiana, 183 00:09:16.284 --> 00:09:17.964 the innovation capital of the world. 184 00:09:19.275 --> 00:09:23.085 We rally visionaries across industries, investing connections 185 00:09:23.085 --> 00:09:27.744 as much as capital, and fuel our founders from dorm room to boardroom. 186 00:09:28.475 --> 00:09:30.534 Fuel your innovation with Elevate Ventures. 187 00:09:30.534 --> 00:09:32.574 The 188 00:09:34.104 --> 00:09:35.795 internet changed how we work. 189 00:09:36.074 --> 00:09:38.445 AI is changing what work gets done. 190 00:09:38.634 --> 00:09:41.985 A bank cut loan processing from days to hours. 191 00:09:42.024 --> 00:09:45.384 A student built an AI scheduler improving on time delivery 192 00:09:45.384 --> 00:09:47.935 from under 70% to over 90%. 193 00:09:48.344 --> 00:09:51.615 Most teams know AI matters, but aren't sure where to start. 194 00:09:51.615 --> 00:09:57.024 INAI is Indiana's statewide AI adoption effort, built with industry, academia, 195 00:09:57.024 --> 00:10:01.235 and community partners, helping you move from understanding to action. 196 00:10:01.445 --> 00:10:03.415 Visit inaiready.com. 197 00:10:06.345 --> 00:10:12.904 You know it's race morning in Indianapolis when you hear the Gordon Pipers, a staple 198 00:10:12.904 --> 00:10:17.685 at the Indianapolis Motor Speedway since 1963. 199 00:10:20.185 --> 00:10:24.685 And welcome back to the Indianapolis Motor Speedway as we continue our 200 00:10:24.685 --> 00:10:26.654 Business at the Brickyard series. 201 00:10:26.655 --> 00:10:32.734 You know, Indianapolis is considered one of three global motorsports hubs. 202 00:10:33.074 --> 00:10:37.174 Along with Charlotte, in the heart of NASCAR country 203 00:10:37.285 --> 00:10:38.855 ... and we are back for another season of- 204 00:10:38.924 --> 00:10:42.824 And the so-called Motorsports Valley in the United Kingdom, the epicenter 205 00:10:42.824 --> 00:10:45.215 of Formula 1 teams and engineering. 206 00:10:45.654 --> 00:10:47.035 What makes Indy stand out? 207 00:10:47.394 --> 00:10:48.564 Its diverse reach. 208 00:10:48.965 --> 00:10:56.694 Not only are most IndyCar teams based here, there is NHRA, sports 209 00:10:56.725 --> 00:11:01.464 cars, endurance racing, grassroots racing, advanced engineering firms, 210 00:11:01.564 --> 00:11:06.155 and much more, all located right here in Indianapolis, creating an 211 00:11:06.155 --> 00:11:10.875 enormous motorsports network and a talent pipeline to fuel the industry. 212 00:11:11.314 --> 00:11:14.754 And joining me now with some keen insights into what, uh, makes 213 00:11:14.795 --> 00:11:18.615 Indianapolis and Indiana such a, uh, magnet for motorsports, uh, investment, 214 00:11:18.984 --> 00:11:21.674 pleased to be joined, as always, by Riley Helming, who is the, uh, 215 00:11:21.674 --> 00:11:25.355 motorsports director for the Indiana Economic, uh, Development Corporation. 216 00:11:25.355 --> 00:11:27.124 And, uh, Riley, great to see you- Gerry 217 00:11:27.124 --> 00:11:27.574 ... as always. 218 00:11:27.775 --> 00:11:31.045 Gerry, it's always a pleasure to join you, and especially in the month of 219 00:11:31.045 --> 00:11:33.655 May- Yeah ... at this iconic facility. 220 00:11:33.775 --> 00:11:34.045 Yeah. 221 00:11:34.455 --> 00:11:35.144 I- indeed. 222 00:11:35.245 --> 00:11:39.054 Uh, you know, we just talked to Mark Miles about momentum in the IndyCar Series. 223 00:11:39.304 --> 00:11:42.585 When you look at momentum around Indianapolis and Indiana in terms 224 00:11:42.585 --> 00:11:46.095 of investment, new investment that motorsports companies are making, 225 00:11:46.095 --> 00:11:48.004 it's, uh, it's pretty phe- phenomenal. 226 00:11:48.374 --> 00:11:49.624 Gerry, it's amazing. 227 00:11:49.624 --> 00:11:54.705 Uh, some of the investment in new facilities, particularly IndyCar shops, 228 00:11:54.734 --> 00:11:56.845 but other racing operations have made. 229 00:11:57.414 --> 00:12:02.434 Actually, in the Indianapolis metropolitan area in the last few years, we've 230 00:12:02.434 --> 00:12:08.925 added about 700.000 square feet of new racing operations facilities. 231 00:12:09.404 --> 00:12:13.624 Of course, we've all heard about what TWG Motorsports are doing with 232 00:12:13.675 --> 00:12:17.395 the Cadillac Formula 1 program, with the, uh, marvelous facility, 233 00:12:17.395 --> 00:12:19.654 over 400.000 square feet in Fishers. 234 00:12:20.114 --> 00:12:25.044 And then their Andretti Global IndyCar operation has taken over the former Indy 235 00:12:25.044 --> 00:12:30.444 Star printing operation in Indianapolis, and done a total renovation on that. 236 00:12:30.944 --> 00:12:34.804 Then you do what Ed Carpenter's doing i- up in Westfield. 237 00:12:35.184 --> 00:12:38.205 You look at what the Rahals have done in Zionsville. 238 00:12:38.505 --> 00:12:43.194 And then of course McLaren took over the former IndyCar shop, and probably 239 00:12:43.194 --> 00:12:46.995 invested well north of $25 million just to renovate that facility. 240 00:12:47.294 --> 00:12:51.465 So this is a real commitment on the part of the racing operations. 241 00:12:51.815 --> 00:12:55.184 And then additionally on the west side, there's a lot of activity going on in 242 00:12:55.184 --> 00:12:59.395 the Brownsburg, in Hendricks County area, with oval track racing and drag racing. 243 00:13:00.164 --> 00:13:02.645 You look at that major investment, the teams, the vendors, the 244 00:13:02.645 --> 00:13:05.024 supply chain, but also the events. 245 00:13:05.095 --> 00:13:08.615 Obviously the granddaddy of them all, the Indianapolis 500, but 246 00:13:08.615 --> 00:13:12.395 that's just one major event of multiple events hosted here. 247 00:13:12.425 --> 00:13:12.684 Sure. 248 00:13:12.684 --> 00:13:15.059 We're all focused on the month of May right now. 249 00:13:15.360 --> 00:13:18.669 But you know, uh, in late July, NASCAR comes to town. 250 00:13:18.980 --> 00:13:19.909 Here we go. 251 00:13:19.909 --> 00:13:20.299 Green, green, green. 252 00:13:20.329 --> 00:13:22.409 The Brickyard 400. 253 00:13:22.409 --> 00:13:26.150 Brickyard 400 is one of their signature events, but they also have their 254 00:13:26.150 --> 00:13:31.009 O'Reilly Auto Parts series here on Saturday, and then the other two 255 00:13:31.009 --> 00:13:34.910 NASCAR series, the NASCAR Trucks and the ARCA Racing Series, are on the 256 00:13:34.910 --> 00:13:36.719 oval at Indianapolis Raceway Park. 257 00:13:37.269 --> 00:13:41.689 And then later on, the IMSA road racing series, the endurance racing, 258 00:13:41.689 --> 00:13:45.469 we think of them as the same series at the Daytona 24 Hours and the Sebring 259 00:13:45.469 --> 00:13:49.949 12 Hours, they come here in September for a six-hour endurance race. 260 00:13:50.429 --> 00:13:56.319 And what's really key to that is there are 18 automotive companies that 261 00:13:56.600 --> 00:14:01.870 participate in the IMSA series, and that gives Indiana a great opportunity 262 00:14:01.920 --> 00:14:06.640 to be able to showcase our state to all of those automotive companies. 263 00:14:08.790 --> 00:14:13.709 We also have the granddaddy of drag racing when NHRA conducts their 264 00:14:13.970 --> 00:14:17.499 US Nationals Labor Day weekend at Indianapolis Raceway Park. 265 00:14:17.919 --> 00:14:23.119 And of course, the biggest trade show for motorsports in the world by far and 266 00:14:23.119 --> 00:14:27.080 away is the Performance Racing Industry Show when it comes to town in December. 267 00:14:27.390 --> 00:14:30.619 Rolly Helmle, Indiana Economic Development Corporation, great to see you as always. 268 00:14:30.619 --> 00:14:31.410 Thanks for joining us. 269 00:14:31.410 --> 00:14:33.849 Always great to be here, and thank you very much, Gerry, and let's 270 00:14:33.849 --> 00:14:34.920 all have a great month of May. 271 00:14:34.920 --> 00:14:35.160 And 272 00:14:35.349 --> 00:14:39.459 now everyone, I think, believes that I can win because I, I believe that I can win. 273 00:14:39.640 --> 00:14:44.930 IBJ Media podcaster and the voice of the Indianapolis Motor Speedway, Dave Calabro, 274 00:14:45.320 --> 00:14:50.369 caught up with Conor to find out what is driving him to make his 13th Indy 500. 275 00:14:50.369 --> 00:14:50.820 I'm Conor Daly, 276 00:14:52.329 --> 00:14:58.719 driver of the number 76 AMPM ARCO Lucas Oil Racing Chevrolet. 277 00:15:00.160 --> 00:15:04.130 Daly leading again across the bricks. 278 00:15:04.299 --> 00:15:06.319 Listen to the 279 00:15:06.319 --> 00:15:06.460 crowd. 280 00:15:06.460 --> 00:15:09.519 Imagine being born and raised in Central Indiana and all of a 281 00:15:09.519 --> 00:15:12.149 sudden you're leading the Indy 500. 282 00:15:12.149 --> 00:15:15.309 Conor Daly has led five out of the last six races, including 283 00:15:15.309 --> 00:15:16.700 last year when he finished eighth. 284 00:15:17.410 --> 00:15:19.520 His best day was 2022 when he came in sixth. 285 00:15:19.520 --> 00:15:23.000 Daly's need for speed comes naturally. 286 00:15:23.280 --> 00:15:26.780 His father, Derek, raced in six Indy 500s. 287 00:15:26.780 --> 00:15:30.299 When Conor was just a boy, if the track was open, he was here. 288 00:15:30.299 --> 00:15:33.790 And I would sit Tower Terrace Suites, 'cause that's where my mom was working 289 00:15:34.200 --> 00:15:36.479 and managing those suites, and I would just sit in the front row, 290 00:15:36.560 --> 00:15:37.919 and I wouldn't leave the whole day. 291 00:15:37.919 --> 00:15:41.360 And I would get out, I would get out my little, you know, grid sheet with all 292 00:15:41.360 --> 00:15:43.130 the cars just to see who was doing what. 293 00:15:43.189 --> 00:15:48.540 And that's what makes the event so special for me and, and my family and, and, uh, 294 00:15:48.540 --> 00:15:52.979 it's hard to believe that this will be my 13th because I don't want it to ever stop. 295 00:15:52.979 --> 00:15:55.139 I wanna do 100 of them. 296 00:15:58.000 --> 00:16:00.569 Daly fell in love with the sport. 297 00:16:00.609 --> 00:16:03.610 He started racing go-karts and became consumed. 298 00:16:03.610 --> 00:16:07.880 You just have to fully engulf your life in what you're doing and, and that's what, 299 00:16:07.880 --> 00:16:10.649 what I did, and that's, that's all I knew. 300 00:16:10.649 --> 00:16:14.830 Like, I didn't really get outside of- Like life or like get 301 00:16:14.830 --> 00:16:16.699 into life until I was like 23. 302 00:16:17.180 --> 00:16:19.840 And I was a rookie in IndyCar 'cause all I was doing... 303 00:16:20.099 --> 00:16:23.889 And I was so focused on racing only, but I, but I didn't, I didn't get 304 00:16:23.889 --> 00:16:25.370 to go through the normal kid stuff. 305 00:16:25.530 --> 00:16:25.950 You know what I mean? 306 00:16:25.950 --> 00:16:27.710 I just, I was only racing. 307 00:16:27.710 --> 00:16:32.519 And now here he is, 34 years old, getting ready for his 13th 500. 308 00:16:32.860 --> 00:16:36.349 He has five top 10 finishes, but that's not what he's after. 309 00:16:36.499 --> 00:16:38.319 He wants to 310 00:16:38.349 --> 00:16:38.780 get to Victory Lane. 311 00:16:38.780 --> 00:16:42.599 It's the only thing that, you know, I live and breathe for essentially. 312 00:16:42.599 --> 00:16:46.150 It's such an amazing feeling just to show up there, and I'm 313 00:16:46.150 --> 00:16:47.679 very thankful to get to do it. 314 00:16:47.679 --> 00:16:51.990 It is like a, a truly unique opportunity to get to be a part of, and there's 315 00:16:51.990 --> 00:16:54.529 not a lot of people that get to say that they get to even do it. 316 00:16:54.529 --> 00:16:57.249 Uh, but even winners are even less. 317 00:16:57.740 --> 00:17:03.299 So, you know, my motivation to, to just execute every day, be the best that I 318 00:17:03.299 --> 00:17:05.190 can be, and the results will follow. 319 00:17:05.299 --> 00:17:07.490 I'm joined now on track by Dave Calabro. 320 00:17:07.490 --> 00:17:08.779 And Dave, uh, great to see you. 321 00:17:08.810 --> 00:17:09.100 Good to see you. 322 00:17:09.100 --> 00:17:12.350 Uh, as always, Conor Daly, man, he is, he is a popular guy. 323 00:17:12.350 --> 00:17:12.610 He 324 00:17:12.610 --> 00:17:13.529 is a rock star. 325 00:17:13.529 --> 00:17:16.190 Gerry, when you think about who comes to the Indy 500, a majority 326 00:17:16.190 --> 00:17:17.520 of the folks here are Hoosiers. 327 00:17:17.520 --> 00:17:17.959 Mm-hmm. 328 00:17:18.230 --> 00:17:19.520 So everybody loves Conor Daly. 329 00:17:19.520 --> 00:17:23.050 When I'm on the mic and I say, "Conor Daly leads the 500," you 330 00:17:23.050 --> 00:17:24.540 can just hear this place erupt. 331 00:17:24.540 --> 00:17:24.599 Yeah. 332 00:17:24.800 --> 00:17:25.449 Everybody loves 333 00:17:25.910 --> 00:17:25.940 it. 334 00:17:25.940 --> 00:17:28.150 And he has a chance to really to make history, right? 335 00:17:28.590 --> 00:17:29.279 Think about this. 336 00:17:29.279 --> 00:17:34.179 We haven't had a Hoosier born winner since 1940, Wilbur Shaw, three-time winner. 337 00:17:34.179 --> 00:17:34.239 Wow. 338 00:17:34.819 --> 00:17:36.830 Shelbyville, Indiana, born in Shelbyville. 339 00:17:36.830 --> 00:17:41.239 So how wild would it be to see Noblesville's Conor Daly win the Indy 500? 340 00:17:41.239 --> 00:17:42.429 He has a legitimate shot. 341 00:17:42.459 --> 00:17:42.520 Yeah. 342 00:17:42.639 --> 00:17:43.749 He's always there at the finish. 343 00:17:43.749 --> 00:17:45.949 He has the equipment this year with Ryan Reinbold. 344 00:17:46.220 --> 00:17:47.959 So let's watch CD, Conor Daly. 345 00:17:47.959 --> 00:17:48.910 He's the number 23. 346 00:17:48.910 --> 00:17:48.989 Yeah. 347 00:17:49.290 --> 00:17:50.959 Gonna be fun to see if he can reach the podium. 348 00:17:51.129 --> 00:17:52.819 Can you imagine what the celebration would be- 349 00:17:52.819 --> 00:17:52.929 Oh my 350 00:17:52.929 --> 00:17:54.029 gosh, yeah ... if he won this thing? 351 00:17:54.029 --> 00:17:56.590 Yeah, lots of people at this place are gonna be rooting for him, to be sure. 352 00:17:56.590 --> 00:17:56.650 Yeah. 353 00:17:56.800 --> 00:17:57.910 Tell us about the podcast, Dave. 354 00:17:57.910 --> 00:17:58.069 Check it 355 00:17:58.069 --> 00:17:58.300 out. 356 00:17:58.300 --> 00:18:00.260 It's called Playmakers with Conor Daly. 357 00:18:00.260 --> 00:18:01.830 Some great stories behind the scenes. 358 00:18:02.150 --> 00:18:04.499 So anywhere you get your podcast, it's called Playmakers, 359 00:18:04.559 --> 00:18:07.050 uh, on behalf of IBJ Media. 360 00:18:07.050 --> 00:18:07.870 It's a lot of fun doing it. 361 00:18:07.870 --> 00:18:07.929 All 362 00:18:07.929 --> 00:18:08.120 right. 363 00:18:08.169 --> 00:18:08.449 Thanks, Dave. 364 00:18:08.449 --> 00:18:08.620 All right. 365 00:18:08.830 --> 00:18:11.900 Well, our Kylie Valletta also caught up with another 366 00:18:11.929 --> 00:18:13.900 popular face around this place. 367 00:18:14.160 --> 00:18:17.919 Tony Kanaan's mane looks a bit different now that he's no longer driving, but 368 00:18:17.919 --> 00:18:21.130 one thing hasn't changed, and that's his obsession with working out. 369 00:18:21.449 --> 00:18:23.600 We'll have that story coming up in the Business of Health. 370 00:18:28.029 --> 00:18:30.230 Whether you're buying or selling a home, the stakes are high. 371 00:18:30.439 --> 00:18:33.109 Realtors are market experts who do business by a higher code of 372 00:18:33.109 --> 00:18:36.870 ethics, and we're invested in Indiana because we're also your neighbors. 373 00:18:37.260 --> 00:18:39.330 Now here's the latest statewide real estate report. 374 00:18:39.479 --> 00:18:43.329 Listings grew by 5% year over year, continuing to outpace sales. 375 00:18:43.880 --> 00:18:48.990 Pendings jumped by 30% from February to March and were up 1% year over year. 376 00:18:49.240 --> 00:18:54.180 Sales were similar, up 27% from February and 1% from last year. 377 00:18:54.400 --> 00:18:57.389 Inventory is tightening, but growing year over year. 378 00:18:57.469 --> 00:18:59.609 However, inventory growth has slowed. 379 00:18:59.830 --> 00:19:03.510 We've been at 13% year over year growth for the past four months, 380 00:19:03.729 --> 00:19:07.440 while growth ranged from 15 to 30% in the two years before that. 381 00:19:07.650 --> 00:19:12.480 Prices are up 4% year over year, $10.000 higher than last March. 382 00:19:12.859 --> 00:19:16.830 Days on market fell significantly, and immediate sales are more common. 383 00:19:17.039 --> 00:19:19.379 Price drops are falling, but higher than last year. 384 00:19:24.499 --> 00:19:25.259 The challenges are real. 385 00:19:25.259 --> 00:19:27.049 Type two diabetes rising faster among youth. 386 00:19:27.049 --> 00:19:27.940 Small business owners need help. 387 00:19:27.940 --> 00:19:29.800 Alzheimer's cases rising as population ages. 388 00:19:29.800 --> 00:19:31.879 We need solutions. 389 00:19:32.200 --> 00:19:36.250 They said it'll never happen. 390 00:19:36.279 --> 00:19:37.089 It's too hard. 391 00:19:38.569 --> 00:19:41.040 Nothing will change. 392 00:19:41.960 --> 00:19:42.500 Can't compete. 393 00:19:42.500 --> 00:19:45.370 You'll never solve it. 394 00:19:45.370 --> 00:19:49.669 And we said, "Watch us." 395 00:19:54.019 --> 00:19:55.560 We build Indiana. 396 00:19:55.589 --> 00:19:59.759 The Laborers' International Union of North America are building roads and bridges to 397 00:19:59.759 --> 00:20:04.000 get Hoosiers where they're going today, and a new energy infrastructure that 398 00:20:04.000 --> 00:20:05.800 will keep Indiana competitive tomorrow. 399 00:20:05.800 --> 00:20:11.309 LIUNA's over 12.000 statewide members also grow local economies, earning 400 00:20:11.309 --> 00:20:15.659 good union wages, shopping where they live and work, and paying taxes. 401 00:20:15.979 --> 00:20:18.940 We build Indiana for good jobs and stronger communities. 402 00:20:18.940 --> 00:20:21.969 The Laborers' International Union of North America. 403 00:20:22.360 --> 00:20:23.840 We are LIUNA. 404 00:20:23.940 --> 00:20:28.550 Welcome back to the Indianapolis Motor Speedway, where an Indy 500 champion is 405 00:20:28.550 --> 00:20:33.149 now calling the shots for one of the most recognizable teams in the IndyCar series. 406 00:20:33.580 --> 00:20:38.609 Our Kylie Valletta caught up with 2013 Indy 500 champion Tony Kanaan to 407 00:20:38.609 --> 00:20:44.050 find out what it takes to compete both physically and mentally, and run flat 408 00:20:44.050 --> 00:20:45.769 out for such a long period of time. 409 00:20:46.249 --> 00:20:46.999 Thanks, Gerry. 410 00:20:47.120 --> 00:20:50.820 Tony Kanaan had one of the longest driving careers in IndyCar, 411 00:20:50.820 --> 00:20:52.995 second only to Mario Andretti. 412 00:20:53.265 --> 00:20:56.735 He credits much of that staying power to his obsession with fitness. 413 00:20:57.054 --> 00:21:02.345 That vitality is now helping him flex his muscle as team principal at Arrow McLaren. 414 00:21:02.375 --> 00:21:05.715 The 12th time is the charm at the Indianapolis Motor Speedway. 415 00:21:05.745 --> 00:21:09.214 The twin checkers wave. 416 00:21:09.214 --> 00:21:11.085 TK 417 00:21:11.085 --> 00:21:11.544 has won the 2013 500. 418 00:21:11.544 --> 00:21:15.874 Indy 500 winner Tony Kanaan shifted gears almost three years ago when he officially 419 00:21:15.874 --> 00:21:18.324 hung up his helmet as an IndyCar driver. 420 00:21:18.505 --> 00:21:22.554 My office changed from a cockpit to a, an office desk and chair. 421 00:21:22.835 --> 00:21:28.215 This is TK's second season in his new desk job as team principal for Arrow McLaren. 422 00:21:28.245 --> 00:21:31.335 He led the team last year to its best ever season. 423 00:21:31.335 --> 00:21:31.605 Clato Award wins 424 00:21:31.605 --> 00:21:32.105 at Iowa. 425 00:21:32.105 --> 00:21:34.414 And 426 00:21:34.445 --> 00:21:38.184 this year, TK helped write the next big chapter for Arrow McLaren, 427 00:21:39.904 --> 00:21:43.684 opening its brand new headquarters in Indianapolis just months ago. 428 00:21:45.375 --> 00:21:50.425 Its shiny new gym is where Kanaan lifts every day with the team, but 429 00:21:50.425 --> 00:21:52.275 that's his second workout of the day. 430 00:21:52.485 --> 00:21:56.194 The first is a cardio session every day at home at 5:00 AM. 431 00:21:56.194 --> 00:21:56.664 I still 432 00:21:56.935 --> 00:22:00.824 the same, uh, have the same obsession about working out. 433 00:22:01.324 --> 00:22:04.145 Now it's not to drive the race car, but I have a team to run. 434 00:22:04.905 --> 00:22:07.444 I'm responsible for 130 people here. 435 00:22:07.795 --> 00:22:11.614 I have to be healthy enough to make decisions. 436 00:22:11.655 --> 00:22:16.114 At 51 years old, the fitness junkie, who has completed multiple Ironman 437 00:22:16.114 --> 00:22:17.834 triathlons, is not downshifting. 438 00:22:17.834 --> 00:22:18.415 Tony Kanaan, you 439 00:22:18.415 --> 00:22:23.055 are 440 00:22:23.084 --> 00:22:23.395 an Ironman. 441 00:22:24.375 --> 00:22:29.485 But if 27 seasons of driving an IndyCar taught him anything, it's that the mind is 442 00:22:29.485 --> 00:22:31.845 perhaps even more important than the body. 443 00:22:32.064 --> 00:22:35.514 My previous job, which has been in a race car, high pressure, 444 00:22:36.154 --> 00:22:38.654 mentally demanding, confidence. 445 00:22:39.965 --> 00:22:41.924 You think you're good, you have a good race. 446 00:22:42.115 --> 00:22:43.294 You have a bad race, you think you're bad. 447 00:22:43.784 --> 00:22:46.744 The battling that you have with the good Tony and the bad Tony saying, 448 00:22:46.744 --> 00:22:51.275 "You know, you're too old. You should retire." To do this job, it wasn't 449 00:22:51.275 --> 00:22:55.885 a big deal for me mentally because it's pressure, but I don't think, uh, 450 00:22:55.915 --> 00:22:57.305 people realize the pressure I had. 451 00:22:57.305 --> 00:23:01.805 When you sit in a car at 240 miles an hour, 33 cars around in the Indy 452 00:23:01.805 --> 00:23:02.785 500, that's the race of your life. 453 00:23:02.834 --> 00:23:03.205 I can go on and on. 454 00:23:03.205 --> 00:23:06.885 You're now a winner of the 455 00:23:06.885 --> 00:23:07.654 Indianapolis 500, my friend. 456 00:23:07.654 --> 00:23:11.495 And while TK never misses a workout, he also knows the value of rest. 457 00:23:11.925 --> 00:23:13.714 I take a 20-minute nap every day. 458 00:23:13.925 --> 00:23:14.285 When? 459 00:23:14.595 --> 00:23:15.334 When I feel like it. 460 00:23:15.605 --> 00:23:15.845 Where? 461 00:23:20.514 --> 00:23:25.824 Sometimes I just sit in the, in the toilet in the bathroom here, fully clothed, and 462 00:23:25.824 --> 00:23:27.954 I fall asleep for 20 minutes with my app. 463 00:23:28.575 --> 00:23:30.575 It is a true story. 464 00:23:31.809 --> 00:23:35.630 Staying fit and funny in his new high octane job. 465 00:23:37.590 --> 00:23:43.939 A major announcement from Eli Lilly and Company that it will invest an extra $4.5 466 00:23:43.939 --> 00:23:49.150 billion to further build up two of three planned production facilities in Lebanon. 467 00:23:49.590 --> 00:23:52.270 Lilly broke the news at the ribbon cutting for its first 468 00:23:52.270 --> 00:23:54.319 manufacturing facility to open there. 469 00:23:54.780 --> 00:23:58.690 Lilly will make its weight loss drugs Mounjaro and Zepbound at the campus, 470 00:23:58.940 --> 00:24:03.249 and the extra investment adds the new weight loss pill Foundeo to the list. 471 00:24:03.590 --> 00:24:04.549 Business is doing well. 472 00:24:04.690 --> 00:24:08.290 The science is blooming, and, um, we're excited about the future. 473 00:24:08.319 --> 00:24:11.549 We need to supp- if, if we have customers, if we have patients who want 474 00:24:11.549 --> 00:24:13.249 the medicine, we need to supply it. 475 00:24:13.499 --> 00:24:15.860 So, uh, that's what's driving the additional 476 00:24:16.400 --> 00:24:16.950 investment. 477 00:24:16.950 --> 00:24:20.700 Of the $50 billion Lilly has pledged to spend for its domestic 478 00:24:20.700 --> 00:24:24.810 manufacturing this decade, more than 21 billion is in the Hoosier state. 479 00:24:25.299 --> 00:24:27.970 Well, Lilly certainly continues to make headlines, and this, this 480 00:24:27.970 --> 00:24:29.420 is a big month for Lilly, right? 481 00:24:29.420 --> 00:24:30.009 Very big month. 482 00:24:30.009 --> 00:24:33.779 In fact, today officially is Lilly's 150th anniversary. 483 00:24:34.090 --> 00:24:37.709 And in March, Lilly snagged the title of the most valuable 484 00:24:37.709 --> 00:24:39.520 pharmaceutical company in the world. 485 00:24:39.939 --> 00:24:42.630 You couldn't have scripted getting that title- Yeah ... leading 486 00:24:42.630 --> 00:24:44.270 into your 150th anniversary. 487 00:24:44.380 --> 00:24:46.950 Back to Tony Kanaan, everybody knows he's a fitness nut. 488 00:24:47.289 --> 00:24:49.390 That's something that started at a really young age, right? 489 00:24:49.390 --> 00:24:52.320 Yeah, Tony Kanaan said he decided at eight years old he wanted to be 490 00:24:52.320 --> 00:24:55.109 a driver, and his dad said, "Okay, you wanna be a driver, you gotta eat 491 00:24:55.109 --> 00:24:58.070 right. You gotta get to the gym every day." He started going to the gym 492 00:24:58.070 --> 00:24:59.750 and working out at eight years old. 493 00:24:59.750 --> 00:24:59.810 Yeah. 494 00:24:59.810 --> 00:25:00.829 And he just never stopped. 495 00:25:00.829 --> 00:25:01.380 Never stopped. 496 00:25:01.380 --> 00:25:01.479 Yeah. 497 00:25:01.509 --> 00:25:01.869 Great stuff. 498 00:25:01.929 --> 00:25:02.469 Thanks, Kylie. 499 00:25:02.659 --> 00:25:04.729 Yeah. 500 00:25:04.810 --> 00:25:09.429 When we come back, we put a bow on our Business at the Brickyard coverage 501 00:25:09.429 --> 00:25:12.730 for this week with a nod to tradition. 502 00:25:13.760 --> 00:25:15.750 Indiana, start your engines. 503 00:25:16.860 --> 00:25:21.739 Join us from the Indianapolis Motor Speedway for our Emmy 504 00:25:21.739 --> 00:25:25.430 award-winning Business at the Brickyard, presented by LiUNA. 505 00:25:25.949 --> 00:25:29.370 All month long we'll bring you exclusive interviews, features, 506 00:25:29.370 --> 00:25:33.229 and a behind-the-scenes look at how the business of motor sports and 507 00:25:33.229 --> 00:25:36.930 racing drive the Indiana economy. 508 00:25:37.530 --> 00:25:41.969 Business at the Brickyard, it's front row access you won't want to miss 509 00:25:43.029 --> 00:25:45.619 Today, you either innovate or evaporate. 510 00:25:46.289 --> 00:25:51.559 We are accelerating the pursuit of progress from the foods we eat to the 511 00:25:51.559 --> 00:25:56.679 heights we soar, because this is Indiana, the innovation capital of the world. 512 00:25:57.979 --> 00:26:01.789 We rally visionaries across industries, investing connections 513 00:26:01.789 --> 00:26:06.459 as much as capital, and fuel our founders from dorm room to boardroom. 514 00:26:07.190 --> 00:26:10.789 Fuel your innovation with Elevate Ventures. 515 00:26:13.269 --> 00:26:14.039 The challenges are real. 516 00:26:14.039 --> 00:26:16.719 Type two diabetes rising faster among- Small business owners need help- 517 00:26:16.719 --> 00:26:18.590 Alzheimer's cases rising as population- 518 00:26:18.590 --> 00:26:20.668 Solutions. 519 00:26:20.970 --> 00:26:25.009 They said it'll never happen. 520 00:26:25.040 --> 00:26:25.870 It's too hard. 521 00:26:27.350 --> 00:26:28.779 Nothing will change. 522 00:26:30.739 --> 00:26:31.280 Can't compete. 523 00:26:31.280 --> 00:26:34.150 You'll never solve it. 524 00:26:34.150 --> 00:26:38.449 And we said, "Watch us." 525 00:26:46.840 --> 00:26:49.030 Whether you're buying or selling a home, the stakes are high. 526 00:26:49.250 --> 00:26:51.909 Realtors are market experts who do business by a higher code of 527 00:26:51.909 --> 00:26:55.710 ethics, and we're invested in Indiana because we're also your neighbors. 528 00:26:56.059 --> 00:26:58.170 Now, here's the latest statewide real estate report. 529 00:26:58.279 --> 00:27:02.130 Listings grew by 5% year over year, continuing to outpace sales. 530 00:27:02.679 --> 00:27:07.790 Pendings jumped by 30% from February to March and were up 1% year over year. 531 00:27:08.040 --> 00:27:12.990 Sales were similar, up 27% from February and 1% from last year. 532 00:27:13.199 --> 00:27:16.199 Inventory is tightening but growing year over year. 533 00:27:16.269 --> 00:27:18.410 However, inventory growth has slowed. 534 00:27:18.629 --> 00:27:22.309 We've been at 13% year over year growth for the past four months, 535 00:27:22.529 --> 00:27:26.239 while growth ranged from 15 to 30% in the two years before that. 536 00:27:26.460 --> 00:27:31.279 Prices are up 4% year over year, $10.000 higher than last March. 537 00:27:31.660 --> 00:27:35.629 Days on market fell significantly and immediate sales are more common. 538 00:27:35.840 --> 00:27:38.890 Price drops are falling, but higher than last year. 539 00:27:41.190 --> 00:27:44.240 Well, that's all the time we have for this edition of Inside Indiana 540 00:27:44.240 --> 00:27:47.120 Business and Business at the Brickyard. 541 00:27:48.690 --> 00:27:53.069 We leave you this week with the sounds of an Indy 500 tradition, 542 00:27:53.180 --> 00:27:58.150 the Purdue All-American Marching Band, the host band here since 1919. 543 00:27:58.469 --> 00:28:01.039 Go out and make it a successful week. 544 00:28:25.309 --> 00:28:26.850 We build Indiana. 545 00:28:26.879 --> 00:28:31.050 The Laborers' International Union of North America are building roads and bridges to 546 00:28:31.050 --> 00:28:35.290 get Hoosiers where they're going today, and a new energy infrastructure that 547 00:28:35.290 --> 00:28:37.299 will keep Indiana competitive tomorrow. 548 00:28:37.979 --> 00:28:42.610 LIUNA's over 12.000 statewide members also grow local economies, earning 549 00:28:42.610 --> 00:28:46.720 good union wages, shopping where they live and work, and paying taxes. 550 00:28:47.269 --> 00:28:50.159 We build Indiana for good jobs and stronger communities. 551 00:28:50.159 --> 00:28:52.999 The Laborers' International Union of North America. 552 00:28:52.999 --> 00:28:53.689 We are LIUNA. 553 00:28:53.689 --> 00:28:54.140 Been a while. 554 00:28:54.560 --> 00:28:55.640 What have you been up 555 00:28:55.939 --> 00:28:56.009 to? 556 00:28:56.280 --> 00:28:57.159 Oh, you know. 557 00:28:57.339 --> 00:28:59.490 Oh, I see it's not flossing. 558 00:29:01.260 --> 00:29:04.029 I just added some secret weapons to my toolkit. 559 00:29:04.089 --> 00:29:04.260 Yeah? 560 00:29:04.510 --> 00:29:06.519 They help me drill down further- 561 00:29:06.639 --> 00:29:06.850 Oh 562 00:29:06.970 --> 00:29:08.900 ... digging deeper than I ever could before. 563 00:29:10.540 --> 00:29:13.779 Into my business and personal finances with Lake City Bank Digital. 564 00:29:13.819 --> 00:29:14.420 Oh. 565 00:29:15.089 --> 00:29:15.920 Yeah, totally. 566 00:29:16.540 --> 00:29:17.749 Now let's take care of that tooth. 567 00:29:18.999 --> 00:29:22.069 Add sharper tools for your money with Lake City Bank Digital. 568 00:29:22.110 --> 00:29:23.630 You are all set, Brian. 569 00:29:24.529 --> 00:29:24.959 I'm Devin. 570 00:29:25.339 --> 00:29:27.049 The internet changed how we work. 571 00:29:27.330 --> 00:29:29.699 AI is changing what work gets done. 572 00:29:29.889 --> 00:29:33.239 A bank cut loan processing from days to hours. 573 00:29:33.279 --> 00:29:36.639 A student built an AI scheduler, improving on-time delivery 574 00:29:36.639 --> 00:29:39.190 from under 70% to over 90%. 575 00:29:39.599 --> 00:29:42.870 Most teams know AI matters, but aren't sure where to start. 576 00:29:42.870 --> 00:29:48.290 INAI is Indiana's statewide AI adoption effort, built with industry, academia, 577 00:29:48.290 --> 00:29:52.419 and community partners, helping you move from understanding to action. 578 00:29:52.699 --> 00:29:54.669 Visit inaiready.com.