CTOs on the Move

Indycar

www.indycar.com

 
The Verizon IndyCar Series is the premier level of American open wheel racing. The current championship, founded by Indianapolis Motor Speedway owner Tony George, began in 1996 as a competitor to CART known as the Indy Racing League (IRL). Citing CART`s increasing reliance on expensive machinery and overseas drivers, George aimed to create a lower-cost alternative. In 2008, the IndyCar Series merged with the Champ Car World Series (formerly CART). The series is sanctioned by INDYCAR.
  • Number of Employees: 250-1000
  • Annual Revenue: $100-250 Million
  • www.indycar.com
  • 4551 West 16th Street
    Indianapolis, IN USA 46222
  • Phone: 317.492.6526

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Arizona Coyotes

The Arizona Coyotes are a professional ice hockey team based in the Phoenix suburb of Glendale, Arizona. They compete in the National Hockey League's (NHL) Pacific Division of the Western Conference.   Since December 2003, the Coyotes have played their home games at Gila River Arena after having spent the previous 7½ seasons at America West Arena (now US Airways Center) in downtown Phoenix.   The Coyotes were founded on December 27, 1971 as the original Winnipeg Jets of the World Hockey Association (WHA). After the WHA had ceased operations, they were one of four original franchises absorbed into the National Hockey League and then officially granted membership on June 22, 1979. The Jets moved to Phoenix on July 1, 1996 and were renamed as the Phoenix Coyotes.   The NHL took over ownership of the Phoenix Coyotes franchise in 2009 after previous owner Jerry Moyes (who had incurred massive financial losses since his purchase of the team in 2005) turned it over to the league after declaring bankruptcy. Prior to that, Moyes had previously attempted to privately sell the team to Canadian billionaire Jim Balsillie, who wanted to relocate the team to Hamilton, Ontario, but the NHL protested that the attempted sale was a violation of league policy and a court agreed. In the 4 years that followed, the league vehemently resisted selling the team to interests that would have moved the team out of the Phoenix area, and on July 3, 2013, reached an agreement that will keep the team in Glendale for the near future. The sale to IceArizona Acquisition Co., LLC. was completed on August 5, 2013.   On June 27, 2014, the team changed its franchise name to ""Arizona Coyotes"" and modified its secondary logo.

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