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Speedway panel OKs events license with IMS for July 24 hauler parade

5403894 · July 15, 2025
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Summary

The Speedway Redevelopment Commission approved Resolution 2025-09, an events-based license allowing IMS to use a parking lot and Plaza On Main for a hauler parade set for July 24.

The Speedway Redevelopment Commission on July 14 approved Resolution 2025-09, granting an events-based license to the Indianapolis Motor Speedway (IMS) for a hauler parade scheduled for July 24. The license covers use of a parking lot and the Plaza On Main, and the commission approved the item by voice vote after a motion and second.

Kyle Markle, the town’s economic director, described the agreement as covering the parking lot and the Plaza On Main “like they’ve had in the past” and said staff is coordinating an events calendar with IMS to ensure paperwork and fees are processed for upcoming events. He added the fee structure has been adjusted to match current economic conditions.

The approval is procedural: the commission authorized the license agreement to allow the scheduled parade and related activities to proceed on the town property listed in the agreement. No amendments to the license or conditions on IMS were discussed on the record.