On the recordMay 17, 2016
It is with great pride that I rise today to pay tribute to a very special event that will take place later this month in my hometown of Indianapolis. On May 29, the world's finest automobile racing teams will compete for the very prestigious Borg-Warner Trophy at the 100th running of the Indy 500. Mr. Speaker, every Memorial Day weekend since 1911, with the exception of a few years during World War I and World War II, the Indianapolis Motor Speedway has been the site of the greatest spectacle in racing. Over the last century, Mr. Speaker, the Indianapolis 500 has become the most attended single-day sporting event on the planet Earth, with estimated crowds of over 400,000 people. Now, these fans add nearly $500 million to the central Indiana economy each year. The race is also incredibly popular around the world, Mr. Speaker. With millions of fans around the world, they have been listening to the race on the Motor Speedway Radio Network and watching it on television. Now, what very few people realize is that the Indy 500 has been a very important influence in the development of passenger automobiles. Rearview mirrors, four-wheel hydraulic brakes, color warning lights, and the first mandatory use of helmets can be traced back to the great Hoosier State in the city of Indianapolis at the Indy 500. Now part of the excitement of watching the race every year, Mr.…
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