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Shaw then sent out letters to the automobile industry to try to find a buyer. All the responses indicated that the Speedway would be turned into a private facility for the buyer. Shaw then looked around for someone to buy the Speedway who understood what it was about. He found Terre Haute, Indiana businessman Tony Hulman. Meetings were set up and the purchase of the Speedway happened on November 14, 1945. Though not officially commented on, the purchase price for the Speedway was reported by the Indianapolis Star and News to be $750,000. Major renovations and repairs were made at a quick pace to the frail Speedway before the 1946 race. Since then and up to today, the Speedway continues to grow. Stands have been built and remodelled many times over, suites and museums were added, and many other additions helped bring back Indy's reputation as a great track.
* http://en.wikipedia.org/wiki/Indianapolis_Motor_Speedway
What else can I help you with?
Who is the only driver to win the Indy 500 Daytona 500 and Formula one world championship?
The only driver who has done this was Mario AndrettiHe won the Indy 500 in 1969 He won the Daytona 500 in 1967 He become the WDC in Formula 1 in 1978
What is Indy 500's city?
Indianapolis hosts the Indy 500, which is on the Indianapolis Motor Speedway.
What does the Indy 500 track look like?
The Indy 500 track looks like an oval.
How many Indy 500's have been run?
2008 will the the 92nd running of the Indy 500
Who brings in more fans the Daytona 500 or the Indy 500?
It's tough to say because the Daytona 500 is the Nascar Super Bowl and more fans like Nascar than Indycar, but the Indy 500 racetrack has more seats than in Daytona. So I think more people go to the Indy 500 just because the track has more seats and the Indy 500 is the most important race in motor sports.
What year did Troy Ruttman win the Indy 500?
In 1952, Troy Ruttman won the Indy 500 :)
Where is is the Indy 500 is raced?
The Indy 500 is ran in Speedway, Indiana an area close to Indianapolis, Indiana.
What is Indianapolis IN called because of the Indy 500?
"Indy" or "Circle City,"
Does the bezel move on the tag heuer Indy 500 watch?
no- it is a fixed bezel on all indy 500's
Which state home to the Indy 500 auto races?
Indiana is home to the indy 500 races in speedway indiana
What time does Indy 500 start?
The Indy 500 generally starts around noon Eastern each year. This annual race is the apex of the Indy Car series.
Was Danica Patrick in the Indy 500 race on May 27 2012?
No. Danica Patrick did not compete in the 2012 Indy 500.
