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IMS Says Extended Ticket Ordering for 1998 is Over

2 July 1997

INDIANAPOLIS MOTOR SPEEDWAY NO LONGER ACCEPTING TICKET ORDERS FOR 1998 RACE

For immediate release

INDIANAPOLIS, July 2, 1997--The Indianapolis Motor Speedway has ceased
accepting orders for tickets to the 1998 Indianapolis 500 Mile Race,
according to Peggy Swalls, vice president of IMS.

"We are grateful to the public for the overwhelming response for
tickets once again this year," said Swalls.  "Demand for tickets has
been very strong, both for renewals and for new ticket orders.  We are
sorry that we will be unable to fulfill all of the orders, but, as
always, we will do our best to meet ticket upgrade requests, as well
as for new orders."

The IMS extended its deadline for reorders to June 30, following the
two rain delays in May.  Traditionally, renewal orders must be
received one week after the race and the majority of race goers file
their ticket applications within two days after the race, either at
the race track ticket office, or by mail.  Because of the confusion
caused by rain delays, the deadline was extended this year as was done
in similar circumstances in 1986.

The Indianapolis 500 has the largest attendance of any single-day
sporting event in the world.