IndyCar owners sell company that created Hulman family fortune

INDYCAR Photo by Joe Skibinski
INDYCAR Photo by Joe Skibinski
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INDIANAPOLIS – Without Clabber Girl Baking Power making the Hulman family of Terre Haute, Indiana, into one of the wealthiest families in Indiana in the late 1800s and throughout the 20th century, there probably wouldn’t be an Indianapolis 500 in existence today.

That is why Wednesday morning’s news that Hulman & Company was selling Clabber Girl to B&G Foods of Parsippany, New Jersey, was important.

The Clabber Girl brand allowed Tony Hulman to purchase the dilapidated and shuttered Indianapolis Motor Speedway from Eddie Rickenbacker in November 1945 and build the Indianapolis 500 into the world’s largest single-day sporting event beginning in 1946.

The Indianapolis Motor Speedway was built in 1909 and began hosting the Indianapolis 500 beginning in 1911. With the exception of skipping a year during World War I, it ran every Memorial Day until World War II shut down the facility from 1942-45.

“The Hulman-George family takes great pride in the Clabber Girl brand’s success, history and critical role in the development and rich cultural fabric of Terre Haute,” Hulman & Company chairman Anton Hulman “Tony” George said. “Clabber Girl will always be a cherished and celebrated part of our legacy, and we’re excited we’ve found a strong steward for its very bright future.”

B&G Foods, Inc. (NYSE: BGS), is a leading manufacturer, seller and distributor of shelf-stable and frozen foods across North America.

“Our core focus is the pursuit of world-class motorsports competition and entertainment,” Hulman & Company president and CEO Mark Miles said. “This decision positions us to fully focus on the continued direction and growth of INDYCAR, the Indianapolis Motor Speedway and IMS Productions. It also provides Clabber Girl with a well-prepared owner ready to use its vast expertise and considerable resources to accelerate the growth of the newest member of its impressive portfolio.”

Like Clabber Girl, B&G Foods has spent more than a century in the food business. The company maintains more than 50 brands and 2,500 employees across North America. This includes Ortega, Green Giant, Cream of Wheat, Mrs. Dash, Back to Nature and many others.

“We are excited to join the B&G Foods family as we add our iconic Clabber Girl brand to its impressive portfolio of brands consumers both recognize and trust,” Clabber Girl president and COO Gary Morris said. “Clabber Girl will benefit from the knowledge and reach B&G Foods will provide as a seasoned food manufacturer and distributor. Together, we will continue to grow this historic business.”

Guggenheim Securities, LLC acted as Hulman & Company’s financial advisor for this transaction.

Saturday’s Supercross Round 5 in Houston: How to watch, start times, streaming info

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The championship race has tightened up as the Monster Energy AMA Supercross Series heads to NRG Stadium in Houston, Texas, for Round 5 of the 2023 season.

With his 450 victory in the Anaheim Triple Crown, Chase Sexton has moved within four points of two-time and defending series champion Eli Tomac.

Jason Anderson is coming off a second place in Anaheim after crashing out of the first two rounds while racing in the top five. Ken Roczen earned his first podium last week since the 2022 season opener and the first for Suzuki since Chad Reed at Detroit in 2019.

Here are the pertinent details for watching Round 5 of the 2023 Supercross schedule at NRG Stadium in Houston on Saturday, Feb. 4, 2023:


(All times are ET)

BROADCAST/STREAMING SCHEDULE: TV coverage of Round 5 will begin Saturday at 8 p.m. ET streaming on Peacock and will re-air Monday, Feb. 6 at 1 a.m. on CNBC. The Race Day Live show (including qualifying) will begin on Peacock at 2:30 p.m. ET.

NBC Sports will have exclusive live coverage of races, qualifiers and heats for the record 31 events in SuperMotocross. The main events will be presented on Peacock, NBC, USA Network, CNBC, and NBC Sports digital platforms.

Peacock will become the home of the SuperMotocross World Championship series in 2023 with live coverage of all races, qualifying, and heats from January to October. There will be 23 races livestreamed exclusively on Peacock, including a SuperMotocross World Championship Playoff event. The platform also will provide on-demand replays of every race.

ENTRY LISTS: 450 division l 250 division

EVENT SCHEDULE (all times ET):

Here are the start times for Saturday, according to the Monster Energy Supercross schedule from the AMA:

2:05-2:15 p.m.: 250SX Group C Qualifying 1
2:20-2:30 p.m.: 250SX Group B Qualifying 1
2:35-2:45 p.m.: 250SX Group A Qualifying 1
2:50-3 p.m.: 450SX Group A Qualifying 1
3:05-3:15 p.m.: 450SX Group B Qualifying 1
3:20-3:30 p.m.: 450SX Group C Qualifying 1
4:20-4:30 p.m.: 250SX Group C Qualifying 2
4:35-4:45 p.m.: 250SX Group B Qualifying 2
4:50-5 p.m.: 250SX Group A Qualifying 2
5:05-5:15 p.m.: 450SX Group A Qualifying 2
5:20-5:30 p.m.: 450SX Group B Qualifying 2
5:35-5:45 p.m.: 450SX Group C Qualifying 2
8:06 p.m.: 250SX Heat 1
8:20 p.m.: 250SX Heat 2
8:34 p.m.: 450SX Heat 1
8:48 p.m.: 450SX Heat 2
9:22 p.m.: 250SX Last Chance Qualifier
9:33 p.m.: 450SX Last Chance Qualifier
9:53 p.m.: 250SX Main Event
10:27 p.m.: 450SX Main Event

TRACK LAYOUT:

Click here to view the track map

HOW TO WATCH SUPERMOTOCROSS WORLD CHAMPIONSHIP SEASON IN 2023Full NBC Sports, Peacock schedule

FINAL 2022 STANDINGS: 450 points standings | 250 East points standings250 West points standings


2023 SEASON RECAPS

ROUND 1: Eli Tomac opens title defense with victory

ROUND 2: Oakland postponed by storms

ROUND 3: Tomac holds off Cooper Webb again

ROUND 4: Chase Sexton wins Anaheim Triple Crown


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