With the slogan of “The Business of Winning Starts Here”, the International Motorsports Industry Show is set to take place in Indianapolis on December 6-8, 2012. Representing all types of auto racing, including circle track, road racing, drag racing and carting, the IMIS 2012 invites racing enthusiasts to view the very latest innovations in equipment and technology on offer by the various sectors of the motorsports industry. In addition to more than 500 exhibitors, the program includes technical seminars, countless networking opportunities, banquets and special events to keep the pace running at full tilt in this popular annual event.
Exhibitors at the IMIS will include suppliers of products, equipment and services to the motorsport industry. New products will receive special attention, both online and at the show, with displays featuring high quality automotive specialty products including a wide range of accessories, performance enhancers, restoration products and more.
Aimed at players in the auto racing industry, the IMIS program includes a safety and technical conference at which NASCAR crew chief Ray Evernham will feature as the keynote speaker. Other knowledgeable experts making presentations at the event include John Melvin, Jim Downing and Tom Gideon, the latter being the director of NASCAR’s research and development center. Engine Builder magazine will be hosting a seminar on Friday December 7, entitled “Race Engine Roundtable: Real World Tips to Take the Checkered Flag”. Participants will include Matt Dickmeyer of Dickmeyer Automotive Engineering; Tony Bischoff of BES Racing Engines; Jim Feurer of Animal Jim Racing; Jeff Taylor of Jeff Taylor Performance; and David McLain of McLain’s Automotive Machine, among others. As with other seminars at IMIS, this roundtable discussion is free of charge to show attendees.
Other events taking place in conjunction with the International Motorsports Industry Show include IndyCar‘s awards ceremony and celebration at the Indianapolis Motor Speedway on Thursday December 6. Moreover, Andretti Autosport will be unveiling its 2013 IndyCar lineup, which reportedly will include Ryan Hunter-Reay, Marco Andretti, James Hinchcliffe and Zach Veach.
With the Indiana Convention Center as the venue, the International Motorsports Industry Show hours for the public are 10am to 5pm on Thursday and Friday and 10am to 4pm on Saturday.
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Humanity in general has, throughout its long history, had a love for competition. The desire to win is hard-wired in our genes and the attraction to speed… well, that just reflects our love of excitement and good old-fashioned fun! The invention of the automobile provided the perfect opportunity – and vehicle, literally – for people to challenge one another on early racetracks and road courses as they had previously done before with horses. Auto racing was also seen by perceptive car manufacturers as a great way to advertise – provided their cars were winners, of course. The saying “race on Sunday, sell on Monday” exemplifies the business of auto racing and the ever-expanding industry of racing, promotion and parts marketing that has grown up around it.
The auto racing industry has progressed quite a ways from its earliest days. Formula One racing, for example, has become a multi-million dollar sport with high-tech cars, generously paid drivers and big business sponsorships. NASCAR racing proves that “the business of America is business”, both on and off the track. The names of NASCAR events and entire series like the Nextel Cup indicate the need for big-time sponsorship and the copious flow of funding it provides the organizers, teams and drivers. Try to think of a racing car that doesn’t have logos and advertisements on it – bet you can’t, unless it’s a vintage race car.
Auto racing has truly become a big business. Besides sponsorships, revenue comes in from ticket sales and merchandising. This industry seems likely to continue its phenomenal rate of growth as people will never lose their love of thrills, spills and racing excitement!
Check in with Autoracing.com regularly to keep up to date on the latest auto racing industry developments.
A modern auto racing team simply cannot function without the various services that they depend on to keep their cars performing at a fine edge. Many such services are offered to racecar owners and drivers, including dynamometer testing to measure engine performance, fabrication of metal or plastic body components, tuning, structural engineering, sub-contracting of repairs and specialized welding of alloy metals. Companies offering these types of services may specialize in a particular field such as car bodywork, while others may offer many services and act as “one-stop shops”. The auto racing service industry fills the need for specialized yet standard parts that are just too costly for individual teams to produce and/or conduct on their own.
There’s a lot of competition in the auto racing services industry, so if you’re a new team owner or are relatively new to the auto racing scene, it’s a good idea to shop around to find the best deals. Ensure that whomever you decide to use has a proven track record and is reliable – your success on the track as well as the safety of the driver may well depend on it.
Consulting services are available from specialized companies for pre-race setup, testing and other race day services.
If you are a company that offers auto racing services and would like to advertise at Autoracing.com, please contact us for prompt assistance.
Betting is defined as the activity of placing a wager on the outcome of an event. Betting on auto races can take the form of betting on one driver in one race, hoping that he or she wins, or betting that a particular driver will win the overall points standings at the end of the racing season. Betting is a form of gambling, and when it pertains to sports then the term ‘Sports Book’ is often used. A sports book is the place where people can bet on auto racing events. It is important for people who are new to sports betting to read the sports book’s rules carefully before making a wager, since the sports book’s definition of what qualifies as an ‘official result’; may differ from results posted at the track itself or reported on radio or television. Upon the sports book’s declaration of the official result, all winning wagers are paid.
Opening prices of sports books are determined by private companies and by looking at other sports books, prices and odds will adjust according to incoming bets, injuries, the weather and news – basically anything that could potentially affect the outcome of an auto race. The legality of sports book betting varies throughout the world, but in the U.S. it is a longstanding tradition. The first actual sports book was Athletic Publications, Inc., created in the early 1930s as a business venture. A team of expert sports handicappers would publish their stated odds in the book, which was then distributed to bookies throughout the country. These days, companies like Las Vegas Sports Consultants are the main oddsmakers but there are also competing sports books that may post different odds.
If you are a company that offers sports book and betting services and would like to advertise at Autoracing.com, please contact us for prompt assistance.