ElementaryMBA

1. What is the total annual economic impact of the Indianapolis Motor Speedway on Indiana, according to the 2023 Indiana University Public Policy Institute study?

$100 million$510 million$1.058 billion$5.2 billion

2. What percentage of the annual IMS economic impact comes from the Month of May alone?

Approximately 25%Approximately 35%More than half (about 53%)Approximately 90%

3. Approximately how many full-time-equivalent jobs in Indiana does the IMS support?

About 1,000About 8,440About 50,000About 200,000

4. How much has the IMS economic impact grown from the 2013 study to the 2023 study?

It has roughly stayed the sameIt has more than doubled (from $510 million to $1.058 billion)It has decreased by about halfGrowth has not been measured

5. What is the role of the Indiana University Public Policy Institute in this story?

It is the marketing department of the SpeedwayIt is a research arm of Indiana University that produced the rigorous economic impact studyIt is a governmental agency that regulates the SpeedwayIt is the company that operates the Speedway

6. Approximately how many people attend the Indianapolis 500 on race day, making it the largest single-day sporting event in the world?

About 50,000About 100,000About 300,000 to 350,000About 2 million

7. What is Visit Indy, and what is its role?

A private travel agencyThe official destination marketing organization for the Indianapolis metropolitan area, led by CEO Leonard HoopsA real estate development companyA state government department

8. What is the town of Speedway, Indiana, and what notable anniversary did it celebrate in 2026?

An unincorporated neighborhood; no notable 2026 anniversaryAn incorporated town of about 14,000 residents adjacent to IMS; celebrated its 100th birthday in 2026 (founded 1926)A separate city of 100,000 people; celebrated 50th birthdayA part of downtown Indianapolis; no notable anniversary

9. Name three career pathways in the business of May, according to Episode 11.

Driver, mechanic, broadcasterHospitality management, tourism marketing, event management (or economic development, public policy, small business)Engineer, software developer, architectSurgeon, lawyer, accountant

10. What does the term multiplier effect mean, and what is the typical multiplier for the Indianapolis 500?

A multiplier of 1.0; every dollar generates exactly one dollarTotal economic activity per dollar of direct spending; for the Indy 500 it is about 1.8 to 2.0A multiplier of 100; every dollar generates one hundred dollarsMultiplier effects are not measured for sporting events

Episode 11 — Quiz