Indy Partnership in London Drawing Attention to Central Indiana’s Motorsports Heritage and Business Strengths

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UK’s Motorsports Industry Association members represent $3 billion of the global motorsports business, prime targets for new investments in the Indianapolis Region

LONDON (April 1, 2009) — On the heels of a ceremony at the Indiana Statehouse honoring the local motorsports community and the 100th anniversary of the Indianapolis Motor Speedway, Indy Partnership is reaching out to motorsports related businesses at an event in London on April 2. The goal is to educate major European motorsports business leaders on the advantages of locating and operating such a business in the 10-county Indianapolis Region.

“The Indianapolis Region is the clear motorsports leader in the United States with only a couple of other economic development regions as competitors,” said Kristie McKillip, business development director for the Indy Partnership. “As the world looks to our region for the Indianapolis 500 Mile Race in May, we want them to recognize that this is also the year-round home of the American motorsports industry.”

Ron Gifford, president and CEO of the Indy Partnership, said that motorsports is experiencing the same globalization trends as other major industries and that companies around the world need to understand how to effectively leverage partnerships and supply relationships internationally.

“Our goal is to make sure that motorsports leaders around the world know that the Indianapolis Region offers exceptional business advantages, such as a lower cost of doing business, access to world-class engineering programs, unmatched test-track facilities, and specific motorsports tax abatements and incentives,” said Gifford.

The event was planned in cooperation with Indiana Economic Development Corporation’s London representative Edita Sawyers.

About The Indy Partnership
The Indy Partnership is a privately-funded, not-for-profit organization dedicated to bringing new jobs and capital investment to the Indianapolis Region. The Indianapolis Region is made up of 10 central Indiana counties including Boone, Hamilton, Hancock, Hendricks, Johnson, Madison, Marion, Morgan, Monroe, and Shelby counties. The Indy Partnership works collaboratively with local economic development officials, government, universities, and the business community. Key services include point of contact for business development leads, incentives assistance, business research and demographic data, and regional marketing. For more information please visit www.indypartnership.com.