IMS names marketing position

INDIANAPOLIS, Wednesday, May 23, 2001 - Marketing and merchandising executive Terry Angstadt has joined the Indianapolis Motor Speedway Corporation as assistant vice president, marketing, Speedway officials announced today. Angstadt, a 1976 ...

INDIANAPOLIS, Wednesday, May 23, 2001 - Marketing and merchandising executive Terry Angstadt has joined the Indianapolis Motor Speedway Corporation as assistant vice president, marketing, Speedway officials announced today.

Angstadt, a 1976 graduate of Indiana University, joins IMS after serving for the past nine years as an executive vice president and corporate officer of Cyrk, Inc. in Gloucester, Mass. Cyrk is a leading company worldwide in designing and implementing product-based promotional programs for companies including Philip Morris, Pepsi and McDonalds.

Before joining Cyrk, Angstadt was president and chief executive officer of Fila Sports, Inc., a premier active sportswear company based in Biella, Italy. Angstadt was instrumental in transitioning the company from a tennis apparel brand to a more general, active lifestyle brand. "The Indianapolis Motor Speedway is a marketer's dream," said Angstadt. "It is rich in history and tradition, it has world-class trademarks, and it delivers one of the most exciting experiences in sport. Producing our three major events requires a real professional effort, and I am proud to be joining this team."

Angstadt will report to Bob Reif, the Speedway's senior vice president, marketing and chief marketing officer.

"Terry is responsible for all marketing functions related to the three largest single-day sporting events in the world, the Indianapolis 500, Brickyard 400 and SAP United States Grand Prix," Reif said. "His background as a CEO for Fila and executive for Cyrk brings industry experience and leadership that will help the Speedway expand its vision for 'International Leadership in Motorsports Entertainment.'"

Angstadt will reside in Indianapolis with his wife, Jill, and their daughter, Ann.

-IMS

Be part of something big

Write a comment
Show comments
About this article
Series Automotive
Drivers Philip Morris