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Indianapolis (pronounced /ˌɪndiəˈnæpəlɪs/) is the capital of the U.S. state of Indiana, and the county seat of Marion County, Indiana.
The United States Census estimated the city's population, excluding the included towns, at 798,382 in 2008. It is Indiana's largest city and is the 14th largest city in the U.S., the third largest city in the Midwest (behind Chicago and Detroit), and the second most populous state capital (behind Phoenix, Arizona). It is one of two state capitals that shares its name with its state (The other is Oklahoma City).
For much of its history, Indianapolis oriented itself around government and industry, particularly manufacturing. Today, Indianapolis has a much more diversified economy, contributing to the fields of education, health care, and finance.
Tourism is also a vital part of the economy of Indianapolis, and the city plays host to numerous conventions and sporting events. Of these, perhaps the most well known is the annual Indianapolis 500 mile race. Other major sporting events include the Allstate 400 at the Brickyard (formerly the "Brickyard 400") and the Men's and Women's NCAA Basketball Tournaments.
The Indianapolis Motor Speedway (IMS), located in Speedway, Indiana, is the site of the Indianapolis 500-Mile Race (also known as the Indy 500), an open-wheel automobile race held each Memorial Day weekend on a 2.5 miles (4.0 km) oval track. The Indy 500 is the largest single-day sporting event in the world, hosting more than 257,000 permanent seats (not including the infield area). The track is often referred to as the Brickyard, as it was paved with 3.2 million bricks shortly after its construction in 1909. Today the track is paved in asphalt although a section of bricks remains at the start/finish line.
IMS also hosts the NASCAR Allstate 400 at the Brickyard (originally the "Brickyard 400"). The first running of the Brickyard 400 was in 1994, and is currently NASCAR's highest attended event. From 2000 to 2007, IMS hosted the Formula One United States Grand Prix (USGP). Contract negotiations between the IMS and Formula One resulted in a discontinuation of the USGP at Indianapolis (at least for the foreseeable future). Formula One has not scheduled a USGP venue for the 2008 and 2009 seasons. The Speedway hosted its first MotoGP, with the Red Bull Indianapolis Grand Prix taking place in September 2008.
Indianapolis is also home to O'Reilly Raceway Park. Though not as well known as Indianapolis Motor Speedway, O'Reilly is welcome to the NHRA Mac Tool U.S. Nationals, the biggest, oldest, richest, and most prestigious drag race in the world, held every Labor Day weekend.
Indianapolis is home to the largest mini-marathon (and eighth-largest running event) in America. 2007 was the 30th anniversary of the Mini, and run in the first weekend in May every year. This event is part of the 500 Festival, its 50th year running. The race starts on Washington Street just off Monument Circle and ends on New York Street back downtown.
The Mini has been sold out every year, with well over 35,000 runners participating. Whether for business or leisure, the city of Indianapolis is a destination for tourists. Tourism brings over 20 million visitors a year into the city, who spend about $3.5 billion, resulting in 66,621 full-time equivalent employment positions in the hospitality industry. Behind the efforts to advance Indianapolis tourism and economic growth is the Indianapolis Convention & Visitors Association (ICVA). The ICVA, a non-profit organization established in 1923, seeks to increase the number of visitors and their financial impact, expand positive perception of Indianapolis and positively influence the visitor experience.
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