WEBVTT

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Sneaks around Marcus Eriksson

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In Indiana, speed is more than sport.

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It's an engine for the economy

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It's where tradition meets innovation.

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Drivers, start your engines.

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At 230 miles per hour.

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But the real story goes beyond
the checkered flag, the teams, the

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technology, the thousands of high-tech
jobs, and a supply chain that stretches

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from Main Street to the world.

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It's a multi-billion dollar industry-
Ladies and gentlemen, start your engines.

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That helps drive the Hoosier economy.

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Welcome to Business at the
Brickyard, presented by LiUNA.

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From Indiana's business news leader, this
is IBJ Media's Inside Indiana Business

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with Gerry Dick, presented by Elevate
Ventures, Indiana University, LiUNA,

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and the Indiana Association of Realtors.

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Hello, and welcome to
Inside Indiana Business.

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I'm Gerry Dick, coming to you again
this week from the Indianapolis Motor

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Speedway as we wrap up our month-long
Business at the Brickyard series.

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And what a month of May it
has been at the Brickyard.

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As usual, a little bit of everything here.

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Weather washing out day one of qualifying.

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Leading to some added drama on
Sunday- Alex Palou- With Alex Palou

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ultimately taking the pole position.

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It's a 231.9 to the top on a 232.2.

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But this weekend is what it's all about.

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From the roar of the engines to the sea
of fans filling the grandstands here.

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Fire.

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Right.

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Aim.

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Fire

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To the time-honored
traditions that stir emotion

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There is nothing quite like
race weekend in Indianapolis.

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The 110th running of the Indy 500
will be a global sporting spectacle

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O'er the land of the free

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A cherished Hoosier tradition that also
serves as a powerful economic engine.

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This year, the momentum around the
500 continues on multiple levels.

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Another grandstand sellout.

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The local television blackout has been
lifted, adding to excitement and a

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wave of momentum around the race, and a
growing recognition that this is about

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a lot more than the race, it is a global
showcase for Indianapolis and Indiana.

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Drivers, start your engines.

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No one understands that impact more
than Doug Boles, the president of

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the Indianapolis Motor Speedway,
and also IndyCar as well.

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Doug, uh, it- it's here.

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Yeah.

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Uh, race weekend.

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Uh, it's been quite a month.

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It has been a good month, other
than the rain on Saturday.

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Yeah.

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But getting everything in
on Sunday was really good.

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Felt like great crowds.

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Uh, we had a new merch store.

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You know, that... So a lot of
good things happening here.

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Talk about, uh, that qual-
that Sunday qualifying.

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Added, being washed out on Saturday
added a little drama to Sunday.

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Uh, it seemed to be a lot
of, uh, fired up fans here.

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Yeah, it's our biggest Sunday
crowd we've had, at least in recent

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memory, so that was really exciting.

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Fans seemed to really enjoy it.

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I know for the teams it was
a little bit of a challenge.

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You got one shot.

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One.

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You had to guess a little bit on the
weather, uh, so that was interesting.

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But, uh, ultimately, it turned
out to be a, a pretty good day.

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We've talked, you've talked a lot about
the, uh, relationship with Fox Sports.

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Uh, and I know watching the qualifying,
some of the technology that they

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were using with the, uh, driver's
eye cam and the ghost car, uh,

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pr- some pretty cool technology.

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Yeah, they continue to do
that and invest in that.

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The driver's eye I think
is a spectacular view.

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It's interesting, I hear from teams,
they're looking at the steering wheel,

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the drivers, uh, th- through that,
uh, the driver's eye, seeing if they

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can learn a competitive advantage.

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The ghost car was a lot of fun to
see where those folks are running

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against others in qualifying.

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But those are the kind of things that Fox
is helping us do to make that experience

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for our, our consumer and the folks
who watch on TV understand it better.

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So that television piece doesn't seem
to be detracting from ticket sales.

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You're s- sold out in
the grandstands again.

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Network, uh, blackout
locally has been lifted.

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Um, do you think that's gonna
become a regular occurrence?

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It's really interesting, you know, for
a long period of time, because we have

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to get 235.000 seats- Yeah ... we've
been really reluctant to let that go.

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But there's been 50% of the folks inside
that said, "Hey, it ma- it benefits us."

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And then 50% are like, "Uh, let's see
where we are." So this is, I think,

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our fourth time in six years, maybe
our fifth time in seven years that

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we've actually had the, the local delay
lifted, so we'll see where it goes.

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I, what's driving this, uh,
there's clearly momentum around,

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uh, the Indianapolis 500,
Indianapolis Motor Speedway.

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What's driving it?

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Is it one thing or a multitude?

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No, there's a whole bunch of
things, but it really starts with

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the fans, especially this race.

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The fans adopt it so much, and they come
back, and they bring different people,

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and it's, it's a tradition for them.

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So it's the fans that start here, and
then I think there's a bunch of other

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elements that really help us on, our
IndyCar series, uh, the Fox piece really

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obviously helps, going to places like
Arlington, really trying to create events.

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But it really does start with the fans.

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I know growing that television audience,
uh, television revenue are important

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aspects of what you're trying to
do here and throughout the series.

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As you look at, uh, efforts
demographically to get a younger crowd

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in, got a lot of entertainment, uh, in
and around the speedway, is it working?

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Ladies

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and

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gentlemen

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It's working.

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And, and for a traditionalist like
me, some of the things are you think,

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"Oh, why are they doing that? Why
do you have a Weenie 500?" The, the,

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the way that attracts young folks.

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We had a monster truck set a world
record for a monster truck at 103 or

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104 miles an hour here the other day.

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Monster truck connects to youth and
just the number of young kids here.

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So we have to get a little creative
and maybe do some things that aren't

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exactly what the traditionalist might
think is the right way to do that,

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and I think that helps grow the sport.

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Indianapolis Motor Speedway President
Doug Boles, as always, thank you.

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Yeah,

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thank you.

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They call him the Ice Man, but today
at the Indianapolis Motor Speedway he

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is red hot, and he is the winner of
the 92nd Indianapolis 500-Mile Race.

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Well, a big honor this week
for a legendary IndyCar driver

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with six series titles and an
Indianapolis 500 win under his belt.

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It's an amazing feeling, and you
can see why people that have won it

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once try so hard to win it again.

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2008 Indy 500 champ Scott Dixon
inducted into the Indianapolis Motor

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Speedway Hall of Fame this week.

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Dixon is second only to A.J.
Foyt in all-time IndyCar wins.

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Giampaolo Dallara also part of the
IMS Hall of Fame Museum Class of 2026.

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I put the metal down, the pedal, whatever
they wanna call it, and I never lifted.

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And I didn't.

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I mean, it, that's true fact that
I run around there wide open.

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And Al Unser Sr., one of only four
members of the four-time Indy Winners

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Club, now recognized just outside
of the Indianapolis Motor Speedway.

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A newly enhanced $2.1 million roundabout
at 16th and Main Streets named after

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Big Al this week by Speedway officials.

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Well, coming up next, females
flexing their muscle in the

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world of professional racing.

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Catch up with the only female
team president in IndyCar.

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Southwest Indiana is essential
to elevating Indiana's future.

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Explore how IBJ Media, Inside Indiana
Business, and the State of Indiana are

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bringing a bold vision for regional
growth at Innovate Southwest Indiana,

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presented by CareSource, Indiana
University, and Old National Bank.

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Join Governor Mike Braun and business
and community leaders in Evansville

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for a conversation on growth,
workforce development, and innovation.

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RSVP now at ibj.com/innovate.

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Today, you either innovate or evaporate.

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We are accelerating the pursuit of
progress, from the foods we eat to the

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heights we soar, because this is Indiana,
the innovation capital of the world.

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We rally visionaries across
industries, investing connections

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as much as capital, and fuel our
founders from dorm room to boardroom.

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Fuel your innovation
with Elevate Ventures.

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The internet changed how we work.

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AI is changing what work gets done.

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A bank cut loan processing
from days to hours.

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A student built an AI scheduler
improving on-time delivery

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from under 70% to over 90%.

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Most teams know AI matters,
but aren't sure where to start.

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INAI is Indiana's statewide AI adoption
effort, built with industry, academia,

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and community partners, helping you
move from understanding to action.

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Visit inaiready.com.

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It's down to two for the Chicago Bears
and Northwest Indiana still in the mix.

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NFL Commissioner Roger Goodell told
team owners this week in Orlando there

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are two, quote, viable sites for a
new Bears stadium, one in Arlington

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Heights, Illinois, the other in Hammond.

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The state of Indiana offering up
to $1 billion in incentives to

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lure the Bears across the border.

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Illinois lawmakers have until May 31st to
pass a deal to keep the Bears in Illinois.

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Now back to our Business at
the Brickyard coverage at the

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Indianapolis Motor Speedway.

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33 cars as always.

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In one car, Indianapolis history,
a woman driver, Janet Guthrie.

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Guthrie broke the barrier.

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Just the second woman to attempt to
qualify for the world's biggest race.

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She not only succeeded, but excelled.

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Lynn St. James carried the torch.

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Danica Patrick is for real and she leads.

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And Danica Patrick took the baton to
make history back in 2005, becoming the

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first woman to lead the Indianapolis 500.

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Three

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female trailblazers who
have made a historic mark at

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IMS.

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Only nine women have ever
raced in the Indianapolis 500.

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One of them is Katherine Legge.

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And she'll attempt to make history
this year by doing the double,

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race in both the Indy 500 and
Coca-Cola 600 on the same day.

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Well, women are increasingly making
their mark in professional motor

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sports, and not just behind the
wheel, but also behind the scenes.

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Engineers, pit crew members,
and team leaders like Andretti

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Global President, Jill Gregory.

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You just have to be persistent, and if
you want to go after something, then you

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have to be persistent and, like, really
dedicate yourself to going after it.

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You gotta have really tough skin.

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Women pursuing careers in motor
sports, it's not for the faint-hearted.

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We have the talent.

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We've got the process.

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Jill Gregory knows.

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She spent 20 years in auto racing
executive roles, now serving as chief

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operating officer of TWG Motorsports
and president of Andretti Global.

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The number of women on
IndyCar race teams is growing.

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Case in point, took a trip through
Gasoline Alley and pit lane at the

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Indianapolis Motor Speedway and
saw women working on cars, changing

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tires, working on engineering
systems, and everything in between.

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Pit stop for Ferrari.

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This is the-

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But IndyCar's numbers don't come close
to F1, where more than 30% of F1's motor

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sports workforce is made up of women.

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Gregory says IndyCar does have a
strategy to get more females in the fold.

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I don't know if there's one silver bullet.

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There has been a concerted effort by
a few of the racing series, um, to

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not just focus on a female driver.

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Obviously, that's the most visible piece,
and we want a successful female driver

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because, you know, that's the, the, what
you notice or what fans would notice.

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But it's really about women in
engineering, women on the pit

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crew, the team that you see here
at Andretti, a lot of strong

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females within our commercial team.

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Creating opportunities across the
ecosystem is just as important

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as finding a female driver.

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Bree Watson took an unconventional career
path into motor sports, where she builds

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gearboxes for the Arrow McLaren team.

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Bree had no background in
engineering and learned on the job.

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You know, I don't know how to
use a drill, but, um, I've just

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learned everything on the job.

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This is my fourth year in IndyCar, so
I've kind of just worked my way up.

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Bree also says earning respect
as a female in a male-dominated

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sport has been a big challenge.

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I've been at three teams, and every team
I've been treated differently, I mean,

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solely because I'm a woman, not because
I'm, you know, incapable or not strong

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enough, which that's what I thought.

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Like, "I'm, I'm gonna struggle
'cause I'm not strong enough,"

231
00:12:51.630 --> 00:12:52.930
or I, I don't know these things.

232
00:12:52.969 --> 00:12:55.439
It's, it's solely because I'm
treated differently because

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I'm a woman, and that's what I
want people to know coming in.

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00:12:57.849 --> 00:12:59.609
Like, don't be surprised.

235
00:12:59.670 --> 00:12:59.910
That's necessary.

236
00:12:59.939 --> 00:13:02.270
Yeah, have... You gotta
have tough skin to do this.

237
00:13:02.369 --> 00:13:05.480
Jill Gregory's take on the
male-female motor sports

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00:13:05.569 --> 00:13:08.410
workforce dynamic, there is hope.

239
00:13:08.530 --> 00:13:11.579
After being in the game for this
long, you know, that that, that

240
00:13:11.650 --> 00:13:15.569
that still is a question means that
there's still not as many women

241
00:13:15.630 --> 00:13:16.990
in the room that you would want.

242
00:13:17.569 --> 00:13:21.290
But as I've gone through my career,
I have noticed a lot of gain.

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00:13:23.342 --> 00:13:26.401
Clark backing up and dropping a

244
00:13:26.961 --> 00:13:27.111
three.

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00:13:27.111 --> 00:13:31.741
From directing plays on the court
to directing drivers to their cars,

246
00:13:31.892 --> 00:13:36.862
Indiana Fever superstar Caitlin Clark
is this year's Indy 500 Grand Marshal.

247
00:13:37.182 --> 00:13:38.972
She'll give the traditional command for

248
00:13:38.972 --> 00:13:44.391
drivers to report to their cars shortly
before the start of the 110th running

249
00:13:44.661 --> 00:13:46.671
of the greatest spectacle in racing.

250
00:13:46.911 --> 00:13:51.221
Well, coming up next, a Hoosier racing
legend and former Indy 500 champ

251
00:13:51.372 --> 00:13:53.532
connecting heart health with racing.

252
00:13:53.561 --> 00:13:54.501
A movie star.

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00:13:54.651 --> 00:13:55.051
Handsome.

254
00:13:55.051 --> 00:13:56.272
And, and heart surgery.

255
00:13:56.592 --> 00:14:00.952
Why get your valve checked hits home
with Indy's David Letterman and his

256
00:14:00.952 --> 00:14:02.851
Rahal Letterman Lanigan Race Team.

257
00:14:02.851 --> 00:14:06.022
Kiley Valeida with that story
in the business of health

258
00:14:10.411 --> 00:14:12.612
Whether you're buying or selling
a home, the stakes are high.

259
00:14:12.822 --> 00:14:15.492
Realtors are market experts who
do business by a higher code of

260
00:14:15.492 --> 00:14:19.281
ethics, and we're invested in Indiana
because we're also your neighbors.

261
00:14:19.642 --> 00:14:21.711
Now, here's the latest
statewide real estate report.

262
00:14:21.861 --> 00:14:25.711
Listings grew by 5% year over
year, continuing to outpace sales.

263
00:14:26.251 --> 00:14:31.371
Pendings jumped by 30% from February
to March and were up 1% year over year.

264
00:14:31.611 --> 00:14:36.562
Sales were similar, up 27% from
February and 1% from last year.

265
00:14:36.781 --> 00:14:39.771
Inventory is tightening
but growing year over year.

266
00:14:39.841 --> 00:14:41.992
However, inventory growth has slowed.

267
00:14:42.211 --> 00:14:45.882
We've been at 13% year over year
growth for the past four months,

268
00:14:46.111 --> 00:14:49.821
while growth ranged from 15 to
30% in the two years before that.

269
00:14:50.032 --> 00:14:54.861
Prices are up 4% year over year,
$10.000 higher than last March.

270
00:14:55.242 --> 00:14:59.201
Days on market fell significantly
and immediate sales are more common.

271
00:14:59.422 --> 00:15:02.051
Price drops are falling,
but higher than last year.

272
00:15:06.862 --> 00:15:07.641
The challenges are real.

273
00:15:07.641 --> 00:15:10.332
Type 2 diabetes rising faster than-
Small business owners need help.

274
00:15:10.332 --> 00:15:12.191
Alzheimer's cases rising
as population- We need

275
00:15:12.191 --> 00:15:14.261
solutions.

276
00:15:14.582 --> 00:15:18.612
They said it'll never happen.

277
00:15:18.641 --> 00:15:19.471
It's too hard.

278
00:15:20.951 --> 00:15:22.362
Nothing will change.

279
00:15:24.340 --> 00:15:24.881
Can't compete.

280
00:15:24.881 --> 00:15:27.750
You'll never solve it.

281
00:15:27.750 --> 00:15:32.050
And we said, "Watch us."

282
00:15:36.404 --> 00:15:37.723
We build Indiana.

283
00:15:37.963 --> 00:15:42.134
The Laborers' International Union of North
America are building roads and bridges to

284
00:15:42.134 --> 00:15:46.373
get Hoosiers where they're going today,
and a new energy infrastructure that

285
00:15:46.373 --> 00:15:48.384
will keep Indiana competitive tomorrow.

286
00:15:49.014 --> 00:15:53.694
LIUNA's over 12.000 statewide members
also grow local economies, earning

287
00:15:53.694 --> 00:15:57.803
good union wages, shopping where
they live and work, and paying taxes.

288
00:15:58.354 --> 00:16:01.213
We build Indiana for good
jobs and stronger communities.

289
00:16:01.243 --> 00:16:06.424
The Laborers' International Union
of North America, we are LIUNA.

290
00:16:06.424 --> 00:16:09.453
Most importantly only, she wanted to
make sure I could get my out of that car

291
00:16:09.453 --> 00:16:13.424
real fast, 'cause she is the official
pace car driver when the race starts.

292
00:16:13.674 --> 00:16:18.514
Kurt Signetti, the coach of the national
champion Indiana Hoosiers football team

293
00:16:18.874 --> 00:16:23.604
and the honorary Indy 500 pace car driver,
talking about, uh, what he has to do to

294
00:16:23.604 --> 00:16:28.324
make room for Indy car racing veteran,
Sarah Fisher, to take the wheel officially

295
00:16:28.324 --> 00:16:31.153
to lead the field of 33 to the green flag.

296
00:16:31.514 --> 00:16:34.784
D-Day is in 61 hours from now.

297
00:16:35.093 --> 00:16:38.534
This is the largest seaborne
invasion in history.

298
00:16:39.003 --> 00:16:42.533
And waving that green flag,
Academy Award-winning actor and

299
00:16:42.533 --> 00:16:44.834
Indianapolis native, Brendan Fraser.

300
00:16:45.073 --> 00:16:49.484
His new movie, Pressure, about World
War II, coming out Memorial Day week,

301
00:16:49.734 --> 00:16:54.564
which fits right into the Indy 500's
tradition of celebrating the military.

302
00:16:57.006 --> 00:16:57.736
Thanks, Gerry.

303
00:16:57.736 --> 00:17:02.736
There's some irony in NTT IndyCar Series
chief starter, Aaron Likens' story.

304
00:17:03.096 --> 00:17:07.695
He has autism and Asperger's, so he spent
his childhood just trying to blend in.

305
00:17:08.195 --> 00:17:11.945
Today, he stands above the most
famous straightaway in motorsports,

306
00:17:11.945 --> 00:17:15.325
the most visible job at the
greatest spectacle in racing.

307
00:17:15.676 --> 00:17:19.866
And now, a documentary is being made that
will showcase his journey from an autism

308
00:17:19.866 --> 00:17:23.645
diagnosis to the Indy 500 flagstand.

309
00:17:23.645 --> 00:17:26.616
Likens released a book two
years ago detailing his story,

310
00:17:26.645 --> 00:17:29.796
but he hopes a documentary
reaches an even bigger audience.

311
00:17:29.956 --> 00:17:37.686
I hope it reaches people that just need
to know, hey, where I was 20 years ago, my

312
00:17:37.686 --> 00:17:41.836
message to my parents were, "Why should I
try? There's no hope, no hope, no hope."

313
00:17:42.436 --> 00:17:47.605
I have come from that to now being the
chief starter of the largest race in

314
00:17:47.605 --> 00:17:52.355
the world, and I have probably one of
the coolest offices in the entire world.

315
00:17:52.765 --> 00:17:56.406
Likens didn't get a diagnosis
until he was 20 years old.

316
00:17:56.765 --> 00:17:59.456
The film crew has followed him
at other races, and will also be

317
00:17:59.456 --> 00:18:03.005
shooting footage of him on the
biggest stage of all, the Indy 500.

318
00:18:03.005 --> 00:18:04.565
We never thought we were gonna be here.

319
00:18:04.675 --> 00:18:07.815
Another story of triumph has
a new chapter this season.

320
00:18:08.056 --> 00:18:11.556
Former IndyCar driver Sam Schmidt
released his autobiographical

321
00:18:11.556 --> 00:18:13.086
book earlier this week.

322
00:18:13.486 --> 00:18:17.245
A racing accident in 2000 left
him a quadriplegic, but Schmidt

323
00:18:17.245 --> 00:18:21.575
has steadily reimagined his racing
career, including team ownership.

324
00:18:22.126 --> 00:18:26.516
100% of the author proceeds will
benefit his foundation, which has

325
00:18:26.516 --> 00:18:29.955
raised millions of dollars for brain
and spinal cord injury treatment.

326
00:18:30.366 --> 00:18:35.325
His foundation also opened two Driven
Neuro Recovery Centers, including one

327
00:18:35.325 --> 00:18:39.586
in Indy for people with spinal cord
injuries who can now read the full

328
00:18:39.586 --> 00:18:41.626
story of what inspired the centers.

329
00:18:41.715 --> 00:18:45.565
The ability for those people to kind
of, uh, you know, see where this journey

330
00:18:45.565 --> 00:18:49.936
started and, and why it's here, and why
we thought it was important, I think is,

331
00:18:49.936 --> 00:18:54.552
uh You know, kind of hearing it firsthand.

332
00:18:54.552 --> 00:18:58.162
Raising even more funds for the
centers, the Corvette modified so

333
00:18:58.162 --> 00:19:02.161
Schmidt could drive it even as a
quadriplegic was auctioned off here in

334
00:19:02.161 --> 00:19:05.281
Indy just days ago, raising $50.000.

335
00:19:05.432 --> 00:19:10.401
In racing, literally seconds, hundredths
of a second, thousandths of a second make

336
00:19:10.622 --> 00:19:12.671
a difference between winning and losing.

337
00:19:12.671 --> 00:19:17.032
The Rahal Letterman Lanigan Racing team
says seconds also matter in preventing

338
00:19:17.032 --> 00:19:21.272
heart valve failure, and is encouraging
race fans to get your valves checked.

339
00:19:21.651 --> 00:19:25.511
All three team co-owners, Bobby
Rahal, David Letterman, and Mike

340
00:19:25.511 --> 00:19:27.792
Lanigan, have faced heart challenges.

341
00:19:28.211 --> 00:19:32.351
Race fans 65 and older can get a heart
valve screening at the campaign's

342
00:19:32.432 --> 00:19:35.312
RV, which will be at IMS on race day.

343
00:19:35.832 --> 00:19:40.362
California-based Edwards Lifesciences
tapped the racing team to spotlight heart

344
00:19:40.362 --> 00:19:45.261
valve failure and star in a short film
that tells the co-owners' heart stories.

345
00:19:45.582 --> 00:19:48.441
Well, one thing we have in common is,
uh, we all have- We have good looks.

346
00:19:48.542 --> 00:19:49.152
We have good looks.

347
00:19:49.152 --> 00:19:49.501
Exactly.

348
00:19:49.501 --> 00:19:50.031
I'm glad.

349
00:19:50.031 --> 00:19:52.722
I, I was too embarrassed to
mention it, but handsome.

350
00:19:52.722 --> 00:19:53.411
And, and modesty.

351
00:19:53.411 --> 00:19:53.902
Extra handsome.

352
00:19:53.902 --> 00:19:54.621
And modesty.

353
00:19:54.722 --> 00:19:55.011
Modesty.

354
00:19:55.011 --> 00:19:56.312
Movie star handsome.

355
00:19:56.361 --> 00:19:57.522
And, and heart surgery.

356
00:19:57.922 --> 00:20:00.992
And if you still need to be inspired
to take control of your heart health

357
00:20:00.992 --> 00:20:05.882
even after race day, you can watch
the film at getyourvalveschecked.com.

358
00:20:05.882 --> 00:20:06.481
Gerry, back to you.

359
00:20:08.252 --> 00:20:10.801
This week's headlines represent
significant news for the

360
00:20:10.801 --> 00:20:12.621
state's evolving new economy.

361
00:20:12.831 --> 00:20:18.291
The state's $125 billion bio-sciences
sector now has a new brand identity

362
00:20:18.291 --> 00:20:21.562
to compete with Silicon Valley
and other high-tech hotbeds.

363
00:20:21.911 --> 00:20:26.301
Bio Heartland will now be the brand
people see when it comes to promoting

364
00:20:26.301 --> 00:20:31.651
Indiana's bio-science ecosystem across
human and animal health and plant science.

365
00:20:31.971 --> 00:20:35.702
Meantime, work has begun on the
$25 billion Heartland Bioworks

366
00:20:35.702 --> 00:20:39.661
headquarters at the 16 tech
innovation district in Indianapolis.

367
00:20:39.962 --> 00:20:44.202
It will serve as a bio-manufacturing
workforce training and innovation center.

368
00:20:44.651 --> 00:20:48.651
And in northwest Indiana, Microsoft
now has city council approval to

369
00:20:48.651 --> 00:20:50.901
build a second data center in LaPorte.

370
00:20:51.231 --> 00:20:55.632
Construction already underway on
Microsoft's first LaPorte data center,

371
00:20:55.632 --> 00:20:58.592
part of an earlier announced $1 billion

372
00:20:58.592 --> 00:20:59.081
investment.

373
00:20:59.322 --> 00:21:02.821
Well, coming up next, we break down
what to expect for this year's running

374
00:21:02.821 --> 00:21:06.851
of the greatest spectacle in racing
with two familiar guys who know a

375
00:21:06.851 --> 00:21:11.642
thing or two about it, the voices at
the Indianapolis Motor Speedway, Dave

376
00:21:11.642 --> 00:21:14.610
Calabro and Mark James, after the break

377
00:21:16.078 --> 00:21:16.917
Bill, what have you been up to?

378
00:21:16.948 --> 00:21:17.288
Oh,

379
00:21:17.318 --> 00:21:17.507
you

380
00:21:17.507 --> 00:21:17.597
know.

381
00:21:17.887 --> 00:21:19.078
Oh, I see it's not flossing.

382
00:21:19.458 --> 00:21:19.508
Oh.

383
00:21:20.847 --> 00:21:23.617
I just added some secret
weapons to my toolkit.

384
00:21:23.677 --> 00:21:23.898
Yeah?

385
00:21:24.107 --> 00:21:26.107
They help me drill down further-

386
00:21:26.237 --> 00:21:26.447
Oh

387
00:21:26.557 --> 00:21:28.958
... 
digging deeper than I
ever could before- Oh.

388
00:21:30.128 --> 00:21:33.368
... into my business and personal
finances with Lake City Bank Digital.

389
00:21:33.407 --> 00:21:34.018
Oh.

390
00:21:34.678 --> 00:21:35.678
Yeah, totally.

391
00:21:36.137 --> 00:21:37.338
Now let's take care of that tooth.

392
00:21:38.598 --> 00:21:41.678
Add sharper tools for your money
with Lake City Bank Digital.

393
00:21:41.707 --> 00:21:43.237
You are all set, Brian.

394
00:21:44.118 --> 00:21:44.588
I'm Devin.

395
00:21:45.157 --> 00:21:47.748
Today, you either innovate or evaporate.

396
00:21:48.418 --> 00:21:53.688
We are accelerating the pursuit of
progress, from the foods we eat to the

397
00:21:53.688 --> 00:21:58.807
heights we soar, because this is Indiana,
the innovation capital of the world.

398
00:22:00.107 --> 00:22:03.918
We rally visionaries across
industries, investing connections

399
00:22:03.918 --> 00:22:08.587
as much as capital, and fuel our
founders from dorm room to boardroom.

400
00:22:09.318 --> 00:22:11.986
Fuel your innovation
with Elevate Ventures.

401
00:22:15.438 --> 00:22:16.168
The challenges are real.

402
00:22:16.168 --> 00:22:18.848
Type 2 diabetes rising faster
among- Small businesses need help.

403
00:22:18.848 --> 00:22:22.817
Alzheimer's cases rising as
population- We need solutions.

404
00:22:23.117 --> 00:22:27.156
They said it'll never happen.

405
00:22:27.187 --> 00:22:27.997
It's too hard.

406
00:22:29.477 --> 00:22:31.946
Nothing will change.

407
00:22:32.867 --> 00:22:33.406
Can't compete.

408
00:22:33.406 --> 00:22:36.276
You'll never solve it.

409
00:22:36.276 --> 00:22:40.576
And we said, "Watch us."

410
00:22:48.942 --> 00:22:51.162
Whether you're buying or selling
a home, the stakes are high.

411
00:22:51.372 --> 00:22:54.041
Realtors are market experts who
do business by a higher code of

412
00:22:54.041 --> 00:22:57.832
ethics, and we're invested in Indiana
because we're also your neighbors.

413
00:22:58.192 --> 00:23:00.261
Now, here's the latest
statewide real estate report.

414
00:23:00.412 --> 00:23:04.261
Listings grew by 5% year over
year, continuing to outpace sales.

415
00:23:04.801 --> 00:23:09.921
Pendings jumped by 30% from February
to March and were up 1% year over year.

416
00:23:10.161 --> 00:23:15.112
Sales were similar, up 27% from
February and 1% from last year.

417
00:23:15.331 --> 00:23:18.321
Inventory is tightening
but growing year over year.

418
00:23:18.401 --> 00:23:20.542
However, inventory growth has slowed.

419
00:23:20.761 --> 00:23:24.432
We've been at 13% year over year
growth for the past four months,

420
00:23:24.662 --> 00:23:28.372
while growth ranged from 15 to
30% in the two years before that.

421
00:23:28.581 --> 00:23:33.412
Prices are up 4% year over year,
$10.000 higher than last March.

422
00:23:33.791 --> 00:23:37.752
Days on market fell significantly
and immediate sales are more common.

423
00:23:37.971 --> 00:23:40.761
Price drops are falling,
but higher than last year.

424
00:23:53.102 --> 00:23:57.582
Jim Cornelison singing Back Home
Again in Indiana, one of the most

425
00:23:57.582 --> 00:23:59.652
time-honored traditions on race day.

426
00:24:00.161 --> 00:24:04.631
I spoke with him earlier this year for
the Business & Beyond podcast about what

427
00:24:04.631 --> 00:24:06.671
goes through his head during that moment.

428
00:24:06.992 --> 00:24:12.931
I was holding that last note, and
the audience reacted so strongly.

429
00:24:15.451 --> 00:24:19.681
I ju- I, I really just felt it
was like, "Oh my God, this is

430
00:24:19.740 --> 00:24:21.360
fanta-" It's like, "Job well done.

431
00:24:21.360 --> 00:24:23.460
This is what I was trying to do.

432
00:24:23.460 --> 00:24:26.641
This is, this is wonderful." Oh

433
00:24:42.510 --> 00:24:45.930
Since 1936, the Borg-Warner Trophy
has been honoring winners of the

434
00:24:45.930 --> 00:24:49.109
Indy 500 by adding the driver's
face to the base of the trophy.

435
00:24:49.310 --> 00:24:52.669
Well, as we wrap up week four here at the
Indianapolis Motor Speedway and our B-

436
00:24:52.850 --> 00:24:56.440
Business at the Brickyard coverage, it's
a good time to, uh, check out what to

437
00:24:56.440 --> 00:25:01.700
expect now that the field is set for the
110th running of the Indianapolis 500.

438
00:25:01.780 --> 00:25:05.680
And to do that, here's IBJ
Media podcaster Dave Calabro.

439
00:25:06.040 --> 00:25:06.559
Hi, everybody.

440
00:25:06.559 --> 00:25:07.800
Race day's finally here.

441
00:25:07.800 --> 00:25:08.960
It's gonna be a great show.

442
00:25:08.960 --> 00:25:13.059
The 110th running of the Indianapolis 500,
and the voice right here is Mark James.

443
00:25:13.389 --> 00:25:15.320
I'll be doing the public
address system in the track.

444
00:25:15.320 --> 00:25:18.480
This guy is gonna be bouncing
around the world on the radio.

445
00:25:18.550 --> 00:25:22.070
If you're curious as to what drivers
talk about during the Indy 500, listen

446
00:25:22.070 --> 00:25:22.129
up.

447
00:25:22.129 --> 00:25:23.340
Are you fired up, my man?

448
00:25:23.370 --> 00:25:24.429
I always am, Dave.

449
00:25:24.429 --> 00:25:26.140
I mean, it's number 31 for me.

450
00:25:26.140 --> 00:25:28.890
It's my 11th as the anchor,
and I just never get tired of

451
00:25:28.989 --> 00:25:30.070
coming here and doing this.

452
00:25:30.070 --> 00:25:30.699
Who do you like?

453
00:25:30.750 --> 00:25:31.629
Who stands out for you?

454
00:25:31.870 --> 00:25:34.390
Conor Daly has since going
back to the test in April.

455
00:25:34.429 --> 00:25:38.250
Uh, this is, uh, it, it's just been
a very efficient month for him.

456
00:25:38.250 --> 00:25:40.600
I know he was disappointed
in his qualifying effort.

457
00:25:40.809 --> 00:25:44.710
Still starting, uh, in the best position
he's ever started, and I think if there's

458
00:25:44.710 --> 00:25:47.840
ever gonna be a shot that the kid from
Noblesville gets it, it'll be this

459
00:25:47.840 --> 00:25:52.305
year, and I can't imagine what would
happen at this place if that happens.

460
00:25:53.294 --> 00:25:54.914
It's just exciting to
be a part of this event.

461
00:25:55.183 --> 00:25:56.494
Yeah, it is for sure.

462
00:25:56.524 --> 00:26:00.154
I, I mean, I've, I've been asked recently,
you know, 30 some odd years, how do

463
00:26:00.154 --> 00:26:01.833
you get, still get geared up for it?

464
00:26:01.833 --> 00:26:05.754
And I said, you know, "When I pull through
the tunnel the first time in May, there's

465
00:26:05.754 --> 00:26:09.683
a feeling that I just cannot describe, and
if that feeling ever goes away, then it'd

466
00:26:09.683 --> 00:26:11.453
probably be time to do something else."

467
00:26:11.503 --> 00:26:14.644
It's a thrill to have a small
thread in that amazing tapestry for

468
00:26:14.773 --> 00:26:14.834
sure.

469
00:26:14.834 --> 00:26:16.994
Mark James, my guest on Playmakers.

470
00:26:16.994 --> 00:26:19.343
Hope you'll check it out wherever
you pick up your, uh, podcast.

471
00:26:19.544 --> 00:26:23.224
And joining me now, track side,
is the voice of the Indianapolis

472
00:26:23.224 --> 00:26:24.693
Motor Speedway, Dave Calabro.

473
00:26:24.693 --> 00:26:26.034
Dave, great to see you.

474
00:26:26.034 --> 00:26:26.314
Hi, Gerry.

475
00:26:26.314 --> 00:26:27.604
Uh, it's been an eventful month.

476
00:26:27.604 --> 00:26:28.643
The big takeaways for the month.

477
00:26:28.764 --> 00:26:30.284
Well, it's been a fantastic month.

478
00:26:30.284 --> 00:26:31.203
It's been very fast.

479
00:26:31.203 --> 00:26:33.593
It's been clean leading up
through qualifications, and

480
00:26:33.593 --> 00:26:34.843
I'm so fired up for the race.

481
00:26:34.874 --> 00:26:37.663
We have a very veteran field,
the most experienced field

482
00:26:37.663 --> 00:26:38.384
we've had since the '90s.

483
00:26:38.384 --> 00:26:40.374
I think it's gonna be a fantastic race.

484
00:26:40.374 --> 00:26:42.843
Yeah, gonna be a great race
on the track, off the track.

485
00:26:42.933 --> 00:26:46.753
Everyone always, uh, excited
about their traditions pre-race.

486
00:26:46.814 --> 00:26:49.753
I know, uh, America's 250th
birthday is gonna be part of

487
00:26:49.944 --> 00:26:49.974
it.

488
00:26:49.974 --> 00:26:52.143
You've seen a lot of red, white, and
blue if you've been to the track.

489
00:26:52.284 --> 00:26:52.363
Yeah.

490
00:26:52.363 --> 00:26:54.703
250th anniversary of
the birth of our nation.

491
00:26:54.703 --> 00:26:57.664
And so the speedway, of course, you
know, it's Memorial Day weekend.

492
00:26:57.694 --> 00:26:57.753
Yeah.

493
00:26:57.753 --> 00:27:00.503
We're gonna have all the traditional
things that you're used to, but oh,

494
00:27:00.503 --> 00:27:03.813
there's some amazing surprises that
you're gonna see in person here at

495
00:27:03.813 --> 00:27:05.654
the track and also on television.

496
00:27:05.654 --> 00:27:09.264
Again, all the traditional things will
happen, but there's some new added

497
00:27:09.264 --> 00:27:12.783
very cool elements I think that'll make
your hair stand up on end, I promise.

498
00:27:12.813 --> 00:27:13.024
Oh, looking

499
00:27:13.024 --> 00:27:13.423
forward to that.

500
00:27:13.603 --> 00:27:14.764
Gotta ask you, who's your pick?

501
00:27:14.954 --> 00:27:17.704
Well, a Pato O'Ward continues
to pop- Yeah ... into my mind.

502
00:27:17.704 --> 00:27:20.724
I think everybody, he's a fan
favorite here, along with Conor Daly.

503
00:27:20.993 --> 00:27:22.974
Pato has finished second, uh, twice now.

504
00:27:23.224 --> 00:27:25.923
He knows how to get it done,
so we'll see if he can compete.

505
00:27:25.984 --> 00:27:29.374
So he's probably my favorite right now to
think about a guy who can win this thing.

506
00:27:29.374 --> 00:27:29.734
All right.

507
00:27:29.734 --> 00:27:30.404
I'll write that down.

508
00:27:30.433 --> 00:27:31.783
Dave, always great to see you.

509
00:27:32.224 --> 00:27:33.923
Good luck with the race as always.

510
00:27:33.993 --> 00:27:35.054
It's been fun working with you.

511
00:27:35.054 --> 00:27:35.474
All right, buddy.

512
00:27:35.524 --> 00:27:35.844
Thanks.

513
00:27:35.874 --> 00:27:36.014
All right.

514
00:27:36.014 --> 00:27:41.974
You guys are missing out
on the biggest party.

515
00:27:41.974 --> 00:27:42.654
There's a lot of smoke
here, and I'm not even

516
00:27:42.654 --> 00:27:43.164
talking about Tony Stewart.

517
00:27:43.164 --> 00:27:46.474
But- IMS President Doug Boles talked
about it earlier in the broadcast,

518
00:27:46.774 --> 00:27:50.493
getting more young demographics
at the speedway, and this weekend,

519
00:27:50.493 --> 00:27:56.054
football legend Rob Gronkowski returns
to IMS to serve as Grand Marshal of

520
00:27:56.143 --> 00:27:58.344
the Snake Pit Party race morning.

521
00:27:58.734 --> 00:28:02.064
Well, that's all the time we have for
this edition of Inside Indiana Business.

522
00:28:02.094 --> 00:28:05.523
We hope you have enjoyed our month-long
Business at the Brickyard series

523
00:28:05.523 --> 00:28:09.493
and a look at the economic impact of
motor sports on the Indiana economy.

524
00:28:09.853 --> 00:28:10.723
I'm Gerry Dick.

525
00:28:10.723 --> 00:28:14.864
Go out and make it a successful
and safe Memorial Day weekend.

526
00:28:25.390 --> 00:28:26.960
We build Indiana.

527
00:28:26.990 --> 00:28:31.150
The Laborers' International Union of North
America are building roads and bridges to

528
00:28:31.150 --> 00:28:35.400
get Hoosiers where they're going today,
and a new energy infrastructure that

529
00:28:35.400 --> 00:28:37.369
will keep Indiana competitive tomorrow.

530
00:28:38.030 --> 00:28:42.709
LIUNA's over 12.000 statewide members
also grow local economies, earning

531
00:28:42.709 --> 00:28:47.060
good union wages, shopping where
they live and work, and paying taxes.

532
00:28:47.379 --> 00:28:50.260
We build Indiana for good
jobs and stronger communities.

533
00:28:50.260 --> 00:28:53.500
The Laborers' International
Union of North America.

534
00:28:53.779 --> 00:28:54.920
We are LIUNA.

535
00:28:54.920 --> 00:28:55.289
It's been a

536
00:28:56.590 --> 00:28:56.750
while.

537
00:28:56.750 --> 00:28:57.430
What have you been up to?

538
00:28:57.459 --> 00:28:57.799
Oh,

539
00:28:57.829 --> 00:28:58.110
you know.

540
00:28:58.399 --> 00:28:59.590
Oh, I see it's not flossing.

541
00:29:01.360 --> 00:29:04.130
I just added some secret
weapons to my toolkit.

542
00:29:04.189 --> 00:29:04.340
Yeah?

543
00:29:04.619 --> 00:29:07.599
They help me drill down
further- Oh ... digging deeper

544
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than I ever could before- Oh.

545
00:29:10.640 --> 00:29:13.880
into my business and personal
finances with Lake City Bank Digital.

546
00:29:13.919 --> 00:29:14.520
Oh.

547
00:29:15.189 --> 00:29:16.029
Yeah, totally.

548
00:29:16.649 --> 00:29:17.849
Now let's take care of that tooth.

549
00:29:19.110 --> 00:29:22.180
Add sharper tools for your money
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550
00:29:22.220 --> 00:29:23.739
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551
00:29:24.630 --> 00:29:25.099
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552
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553
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554
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555
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556
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557
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558
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559
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560
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