May 28, 2013.
On this day, IUPUI announced that the Indiana Economic Development Corporation (IEDC) would invest $1.5 million in IUPUI's Purdue School of Engineering and Technology motorsports engineering program. The investment would advance a partnership with the race-car firm Dallara to research dynamic vehicle simulation.
Under the two-year grant, Dallara and the motorsports engineering program would complete and operate what was billed as the world's most advanced vehicle dynamic simulator, which would be housed in Dallara's Speedway factory. According to Dean David Russomanno, the simulator collaboration "will dramatically reduce the time it takes for our faculty and students' research accomplishments to be translated to practice. The simulator will enable the rapid prototyping of innovative design concepts, which will impact not just motorsports but the entire automotive industry."
IEDC made the research investment because at the time Indiana's motorsports industry generated more than $3 billion annually and employed many thousands.
IUPUI's motorsports engineering program offered a B.S. degree, the only one to do so in the United States.
To learn more about the development of innovative IUPUI academic programs, consult records in the IUPUI Special Collections and Archives. Pick the brains of Archives staff at email@example.com.