An Alabama hospital will be the event’s title sponsor for the NTT IndyCar Series race at Barber Motorsports Park for the next five years beginning with this year’s competition.
Barber Motorsports Park introduced its new title sponsor, Medical Properties Trust
Medical Properties Trust, a Birmingham-based real estate investment trust specializing in the acquisition and development of net-leased hospital facilities around the world, has entered into a five-year sponsorship agreement for the event’s naming rights and permission dedicated to Children of Alabama . A percentage of proceeds from ticket sales and additional side events benefit Children’s of Alabama.
“Children’s of Alabama provides invaluable resources to the children of our state and Southeast,” said Edward K. Aldag, Jr., Chairman, President and CEO of Medical Properties Trust. “As a proud and long-time supporter of Children’s of Alabama, we are excited to sponsor the Indy Grand Prix on behalf of Children’s of Alabama at Barber Motorsports Park to raise awareness of their services and raise funds for the world-class hospital.”
Children’s of Alabama is ranked among the top children’s hospitals by US News & World Report. Children’s serves patients from every county in Alabama and is a cornerstone of the Birmingham medical community.
“We are honored to be the primary beneficiary of the Children’s of Alabama Indy Grand Prix,” said Tom Shufflebarger, President and CEO of Children’s of Alabama. “We have enjoyed our partnership with Medical Properties Trust for many years and we cannot thank them enough for making Children’s of Alabama an even bigger part of this amazing weekend.”
Formerly known as the Honda Indy Grand Prix of Alabama
Since 2010 it was known as the Honda Indy Grand Prix of Alabama. Honda will continue its longstanding partnership with the event as the Official Automotive Partner.
The Barber Motorsports Park event has grown into one of the most popular and successful road races of the season, drawing a wide spectrum of spectators from across the United States.
“Since the first race in 2010, the growth of the NTT IndyCar Series in Alabama has been remarkable,” said IndyCar President Jay Frye. “It is great to see Medical Properties Trust working with Barber Motorsports Park to expand their Racing for Children programme. Barber Motorsports Park has a tradition of producing great racing and exciting partnerships and we look forward to continuing both in the years to come.”
The three-day racing event takes place from April 28-30 with the NTT IndyCar Series. In his 13thth Year the event takes place at the world famous Barber Motorsports Park, home of the Barber Vintage Motorsports Museum. This year’s April 28-30 event kicks off the month of May and leads up to racing’s greatest spectacle, the Indianapolis 500. Tickets are available now at indyalabama.com, with entry tickets starting at $25. Children under the age of 15 get free entry when accompanied by an adult with a ticket.
“We are very pleased to have entered into this agreement with Medical Properties Trust. It marks a new era for this event,” said Gene Hallman, CEO of ZOOM Motorsports, the exclusive promoter of Barber Motorsports Park. “We thank Medical Properties Trust for their partnership which will enable the event to be the first NTT IndyCar Series race to partner with a non-profit organization for race naming rights.”
Now in its 13th year, the Children’s of Alabama Indy Grand Prix is a landmark event at the NTT IndyCar Series circuit. This year’s event features ten races over three days with drivers including Will Power, Romain Grosjean, Scott Dixon and Alex Palou
world famous Barber Motorsports Park from April 28th to 30th. The event generates more than $20 million in economic impact annually, with tickets sold in 50 states and 8 countries. The race will be broadcast nationally and internationally by NBC in more than 100 countries. Other events include wine tasting, an arts festival, INDY
Barber Motorsports Park is home to the BArber Vintage Motorsports Museum, a 501(c)(3) non-profit foundation located in the 880-acre Barber Motorsports Park dedicated to vintage motorcycles and motorsport. The museum houses the world’s largest motorcycle collection and is widely known for its collection of vintage Lotus racing cars and other rare vehicles.
Since 1911, Children’s of Alabama has provided specialized medical care for sick and injured children, providing inpatient, outpatient, and primary care throughout Central Alabama. Ranked one of the top children’s hospitals in the country by US News & World Report, Children’s serves patients from every county in Alabama and almost every state. Children’s is a private, not-for-profit medical center that serves as the University of Alabama-Birmingham (UAB) teaching hospital for pediatric medicine, surgery, psychiatry, research and residency programs. The medical staff consists of UAB faculty and full-time pediatric doctors, as well as private practicing community doctors.
Medical Properties Trust is a self-advising real estate trust formed in 2003 to acquire and develop net leased hospital facilities. Since its inception in Birmingham, Alabama, the company has grown to become one of the world’s largest hospital owners in ten countries on four continents. MPT’s financing model facilitates acquisitions and recapitalizations, allowing hospital operators to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations.