the Indy 500 has shifted to offering concerts as a way to provide entertainment and draw crowds, street races just seem to have a different feel (Wilkinson, 2014). The IndyCar Racing industry would do well to target their fans by offering both oval and street races. Older fans prefer the oval track while the younger fans want more entertainment that the street racing offers. By offering both venues, IndyCar can turn the need of their fans into wants which would have the potential to increase their target market. Since entertainment is the ultimate goal to meet the wants of the fans, IndyCar Racing must create the appropriate mix of events to satisfy everyone (Ferrell & Hartline, 2014).
the Indy 500 has shifted to offering concerts as a way to provide entertainment and draw crowds, street races just seem to have a different feel (Wilkinson, 2014). The IndyCar Racing industry would do well to target their fans by offering both oval and street races. Older fans prefer the oval track while the younger fans want more entertainment that the street racing offers. By offering both venues, IndyCar can turn the need of their fans into wants which would have the potential to increase their target market. Since entertainment is the ultimate goal to meet the wants of the fans, IndyCar Racing must create the appropriate mix of events to satisfy everyone (Ferrell & Hartline, 2014).