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Indy Racing League, LLC Business Reports

Indy Racing League, LLC Overview

Address

4565 W. 16th St. Indianapolis, 
IN 46222 United States
Phone: 317-492-6526
Fax:317-492-6525

Company Description

This enterprise is always running in top gear. Indy Racing League (IRL) is the governing body for the Indy class of racing cars, which are open-wheel and -cockpit single-seat speedsters. IRL's primary circuit tour, the IndyCar Series, features more than 25 drivers competing in almost 20 races across the US and another in Japan, including its premier event, the Indianapolis 500. The body also runs the Indy Pro Series, a developmental circuit for up-and-coming drivers. IRL markets the races and drivers and generates revenue through broadcast rights and sponsorships. The league was formed in 1996 and is controlled by the Hulman-George family, which also owns Indianapolis Motor Speedway Corporation.

Indy Racing League, LLC Company Profile Report

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Hoover's industry experts provide proprietary editorial analysis supplemented with content from multiple data sources to bring you the Company Profile Report. The depth of each report varies, so be sure to view the sample and review the report contents listed next.

 

Sections Included in Report

  • Company Overview
  • People
  • Biographies
  • Historical Events
  • Industry Information
  • Financial Summary
  • Historical Financials
  • Competitors List

    Company Profile Report Highlights

    • Company Description

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    • Industry Information

      Identify the often times disparate industries a company does business in, and find the corresponding SIC and NAICS codes.

    • Biographies

      Learn the background and technology interests of the company's executives, to better understand possible growth directions.

    • Company History

      When you want to know where a company is going, you'll be helped by first knowing where it's been. Use this to get up to speed on a company's history.

    • Key People

      Uncover the roles and responsibilities of the management team and identify the correct decision maker, so you are sure to talk to the right contact.

    • Company Financials

      Review key financial information to gauge health and growth potential.

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    • Professional Sports Teams & Organizations Industry Report

    Professional Sports Teams & Organizations Industry Report

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    Overview

    The US professional sports teams industry includes about 1,500 organizations with combined annual revenue of about $30 billion. The dominant professional sports leagues in the US are the National Football League (NFL), the National Basketball Association (NBA), Major League Baseball (MLB), and the National Hockey League (NHL). Other leagues include the Women’s National Basketball Association (WNBA), Major League Soccer (MLS), and the American Hockey League (AHL). The industry is concentrated: the top 50 organizations generate about 60 percent of revenue.

    SIC: 7922, 7941

    NAICS: 711211, 711310, 711320

     

    Sample Questions & Answers

    How much of the team’s revenue is due to TV contracts?

    Major sports leagues rely on TV contracts for between a third and half of their revenue, so TV considerations affect league operations. TV timeouts for commercials have become a standard part of football, basketball, and hockey games.

     

    How does the team determine how much to spend on player salaries?

    The importance of star players in attracting fans and TV revenues has led to bidding wars among teams and rapid escalation of salaries for top talent. Salaries can range from $300,000 for a backup player to over $20 million for a superstar. Most...

     

    To read this full Call Prep Question and others, purchase the full report.

     

    General Report Description

    Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

     

    Sections Included in Report

    • Industry Overview
    • Quarterly Industry Update
    • Business Challenges
    • Trends and Opportunities
    • Call Preparation Questions
    • Financial Information
    • Industry Forecast
    • Website and Media Links
    • Glossary of Acronyms

      Industry Report Highlights:

      • Recent Developments

        Stay up to date on crucial industry news that may affect your strategy.

      • Trends & Opportunities

        Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

      • Call Preparation Questions

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      • Industry Forecast

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      • Business Challenges

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      • Executive Insight

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      • Financial Information

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      • Web Links & Acronyms

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      Professional Sports Teams & Organizations Industry Report

      Purchase Report
       
      $129