Izod could terminate IndyCar contract early

Sources familiar with the IZOD IndyCar title sponsorship deal announced Thursday said if certain metrics concerning number of races held annually, TV ratings, attendance and car count among other things aren’t met, there are triggers in the contract that will allow Izod to decrease its financial pay-out or opt out of the contract all together.

So now the real work begins. And from the looks of the piles of leftover Izod-IndyCar Series apparel at Carson Pirie Scott in downtown Indy this week—long-sleeve shirts marked down from $60 to less than $5—I’d say both sides have their work cut out for them. IBJ.com