Michele Roberts Elected NBPA Exec Dir LPGA Opening '15 In Florida NBA Players Set To Vote On New Union Head Birch Defends NFL's Suspension Of Ray Rice RTA Hopes To Add All Full-Time NASCAR Teams NBA Looking At Extending All-Star Break NFL Follows Court's Lead On Rice Penalty Kraft: NFL Needs A Team In L.A. Market NFL Criticized For Suspending Rice Just Two Games Stewart Wants Cup, Nationwide At Eldora
Upcoming Conferences and Events
SBD/April 13, 2011/Leagues and Governing Bodies
IndyCar Driver Advisory Group Serving As Liaison To League For Improvements
Published April 13, 2011
RISKY BUSINESS: In Indianapolis, Curt Cavin noted the $5M bonus IndyCar CEO Randy Bernard has offered “will be on the line Oct. 16 for five non-IndyCar drivers” at the season-ending race at Las Vegas Motor Speedway. But it “remains unclear how one of those drivers, should he win the race," will be paid. Bernard on Sunday said that he “hasn’t decided whether to buy insurance to cover the potential payout -- the cost could reach seven figures -- or have the sanctioning body assume the risk.” If Bernard chooses to assume the risk, then he must decide “how many years the payout will be for,” and a “one-time lump sum seems likely.” Bernard said it could be “one year, 10 years, five years, something like that.” Meanwhile, Bernard said that an “official assessment of earthquake damage at the Twin Ring Motegi circuit in Japan will begin this week.” IndyCar is “scheduled to make its final trip there Sept. 15-17,” but Bernard said that the series “will honor whatever decision Motegi officials make” (INDIANAPOLIS STAR, 4/11).