Yep: the 500-mile Speedway, a venerable private-enterprise success, is asking for public funds to light the place up for night racing -- oh, and add more ramps and accessibility features, the same thing the corner store has had to do without asking for a handout.
The local basketball and football teams are already on public assistance; neither the Colts nor the pacers would be viable efforts without a lot of freebies, including not only venues free for nothing but a huge share of all of the revenue from them, not merely their own ticket sales.
It's like feeding stray cats: the longer you do it, the more show up. Around here, most of the stray-feeders also get the feral critters spayed or neutered -- but it's hard to see how that scales up to professional sports.
When socialism comes to the Midwest, it's wearing team colors and waving a checkered, talking nonsense about "prestige" and "civic pride." --'Cos a bunch of guys not from here, any one of which would bail without a backward glance when offered a better deal, somehow reflects glory onto me? Sports success: can't eat it, smoke it, date it or even take it to the bank: sports teams and their various venues are generally revenue-neutral or worse, actual money-losers for the host community. The Speedway was a rare exception and if it can't pay its own way now, they need to be looking at some other use for that big old patch of land, not sniffing around for taxpayer-funded handouts with the other vagrants.
BUILDING A 1:1 BALUN
1 month ago