Welcome!

News Feed Item

Pennsylvania Governor Corbett Officially Kicks Off 2014 Pocono Raceway Season; Announces $5 million in Transportation Infrastructure Funds to Improve Traffic Flow at Raceway

Total economic impact on regional income is projected to be $277 million in 2014.

HARRISBURG, Pa., March 10, 2014 /PRNewswire-USNewswire/ -- Governor Corbett today joined Pocono Raceway CEO Brandon Igdalsky, NASCAR and INDYCAR officials and state legislators to officially kickoff the 2014 Pocono Raceway Season and to announce the award of $5 million in Transportation Infrastructure Funds to widen roadways and improve traffic flow to and from the raceway.

"Today I am proud to stand with CEO Brandon Igdalsky, NASCAR and INDYCAR officials to kickoff the 2014 Pocono Raceway season; one of many world-class attractions that make Penn's Woods a top destination for tourists," Corbett said.

"Beyond the excitement of the races, Pocono Raceway undoubtedly supports thousands of jobs for our residents and delivers a significant economic boost to Northeast Pennsylvania."

According to an Economic Impact Analysis prepared by East Stroudsburg University, Pocono Raceway contributed an estimated $257.5 million to the income of Northeast Pennsylvania residents in 2013. The raceway also created approximately 2,752 new jobs, generated nearly $15 million of tax revenue for the Pennsylvania State Government and another $8 million of revenue for the local and federal governments.

The economic impact of the Raceway will probably be even greater in 2014 because of the expected increase in the number of facility users and the expansion of non-traditional activities utilizing the resources of Pocono Raceway more efficiently and more fully. The forecast for 2014 is that Pocono Raceway will generate $277 million of new income for the region and create 3,009 jobs.

"Millions of people throughout our country enjoy NASCAR and INDYCAR, and I am proud that Pennsylvania hosts one of the nation's great tracks: Pocono Raceway's 'Tricky Triangle,'" Corbett said. "Our partnership will ensure the excitement of Pocono Raceway is enjoyed by generations to come."

At the kickoff, Corbett announced the award of $5 million in Transportation Infrastructure Funds to make much needed improvements to the roads leading in to Pocono Raceway. The project includes the widening of Route 115 from Route 903 to the Pocono Raceway. The road will remain open to traffic throughout construction.

In business for over 50 years, the Pocono Raceway is family-owned and situated in the beautiful Pocono Mountains of Pennsylvania. Pocono Raceway's triangular design, known as "The Tricky Triangle," makes it truly unique. Pocono is America's only professional race circuit with three turns, three different radii and three variant degrees of banking.

For more information or to purchase tickets, please visit www.poconoraceway.com or call 1-800-RACEWAY.

For more information about Gov. Corbett, visit www.pa.gov.

Media contact:
Valerie Caras, Governor's Office; 717-783-1116
Steve Chizmar, Governor's Office; 717-783-1116
Steve Kratz, DCED; 717-783-1132

SOURCE Pennsylvania Office of the Governor

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service. In his session at 19th Cloud Exp...
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
SYS-CON Events announced today that ReadyTalk, a leading provider of online conferencing and webinar services, has been named Vendor Presentation Sponsor at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. ReadyTalk delivers audio and web conferencing services that inspire collaboration and enable the Future of Work for today’s increasingly digital and mobile workforce. By combining intuitive, innovative tec...
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
While DevOps promises a better and tighter integration among an organization’s development and operation teams and transforms an application life cycle into a continual deployment, Chef and Azure together provides a speedy, cost-effective and highly scalable vehicle for realizing the business values of this transformation. In his session at @DevOpsSummit at 19th Cloud Expo, Yung Chou, a Technology Evangelist at Microsoft, will present a unique opportunity to witness how Chef and Azure work tog...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business in 2016. However, IoT is far more complex than most firms expected. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, a renowned visionary and thought leader, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology and business models to adopt and leverage IoT. He will drill down to the components in this fra...
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, will discuss the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports. The session will include a working demo and a technical d...
I'm a lonely sensor. I spend all day telling the world how I'm feeling, but none of the other sensors seem to care. I want to be connected. I want to build relationships with other sensors to be more useful for my human. I want my human to understand that when my friends next door are too hot for a while, I'll soon be flaming. And when all my friends go outside without me, I may be left behind. Don't just log my data; use the relationship graph. In his session at @ThingsExpo, Ryan Boyd, Engi...
SYS-CON Events announced today that Pulzze Systems will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Pulzze Systems, Inc. provides infrastructure products for the Internet of Things to enable any connected device and system to carry out matched operations without programming. For more information, visit http://www.pulzzesystems.com.
SYS-CON Events announced today that Numerex Corp, a leading provider of managed enterprise solutions enabling the Internet of Things (IoT), will exhibit at the 19th International Cloud Expo | @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Numerex Corp. (NASDAQ:NMRX) is a leading provider of managed enterprise solutions enabling the Internet of Things (IoT). The Company's solutions produce new revenue streams or create operating...
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
WebRTC adoption has generated a wave of creative uses of communications and collaboration through websites, sales apps, customer care and business applications. As WebRTC has become more mainstream it has evolved to use cases beyond the original peer-to-peer case, which has led to a repeating requirement for interoperability with existing infrastructures. In his session at @ThingsExpo, Graham Holt, Executive Vice President of Daitan Group, will cover implementation examples that have enabled ea...
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace.