Tony Hulman

Anton "Tony" Hulman Jr. (February 11, 1901 – October 27, 1977) was an American businessman from Terre Haute, Indiana, who bought the Indianapolis Motor Speedway in 1945 and brought racing back to the famous race course after a four-year hiatus following World War II.

Early life and entry into the family business Hulman was born in 1901 in Terre Haute. He was educated at St. Benedict's School at Terre Haute, Lawrenceville School in New Jersey and Worcester Academy in Massachusetts. Hulman participated in the high hurdles and the pole vault at Worcester.

Hulman served with the American Red Cross Ambulance Corps during World War I at the age of 17. on the operating table in St. Vincent's Hospital in Indianapolis. He is buried in Calvary Cemetery, along with other members of his family.

Honors and awards Roadway sign located at a rest stop on Interstate 70 in Indiana depicting the Anton "Tony" Hulman Jr. Memorial Way in 1997. Interstate 70 in Indiana is designated the Anton "Tony" Hulman Jr. Memorial Highway. Motorsports Hall of Fame of America (1991) International Motorsports Hall of Fame (1990) Indiana Football Hall of Fame (1976) American Academy of Achievement Golden Plate Award (1975)

Other business interests

Hulman went on a buying spree beginning in the 1930s, purchasing a string of Coca-Cola bottling plants across Indiana (which were later consolidated to Indianapolis), utility companies, newspapers, radio and television stations including Terre Haute's WTHI, WTHI-FM and WTHI-TV, and a great deal of real estate.

In recent years, however, as the family has concentrated primarily on the Speedway and racing-related businesses, they have slowly begun to divest themselves of some of Hulman's real estate holdings and "non-core" businesses, such as Wabash Valley Broadcasting, their radio and television holding company, which was sold to Emmis Communications in 1997. Emmis sold WTHI-TV and several of their other television stations to LIN TV Corporation in 2005.

Wabash Valley Broadcasting was originally started by Terre Haute, IN. attorney Raymond J. Kearns, whom was the president of WVB. Shortly after Wabash Valley Broadcasting was incorporated, Anton "Tony" Hulman Jr. became a stockholder. The company (Wabash Valley Broadcasting) started radio station WTHI-AM, which went on air January 1948 as an ABC affiliate. Hulman later headed a small group of men who purchased the holdings of all original shareholders. Hulman & Co. then sold Wabash Valley Broadcasting to Emmis Broadcasting in a $90 million deal, Wabash Valley Broadcasting consisted of television station WTHI, radio stations WTHI-FM, WTHI-AM and WWVR-FM as well as television station WFTX in Fort Myers, FL.

One such property that the family owned for years that became the subject of much speculation and scorn was the land occupied by the former Terre Haute House hotel, which stood at the northeast corner of Seventh Street and Wabash Avenue in Terre Haute (the historic former "Crossroads of America" junction of U.S. Highways 40 and 41). Hulman purchased the hotel in 1959 and closed it to the public in 1970. Noted for the rich and famous (as well as infamous) who stayed there during the hotel's early years, the hotel was the target of numerous attempts at revitalization between 1970 and 2005, with the city of Terre Haute taking a purchase option on the property in 2004 in an effort to finally make something happen. None came to fruition, and in the fall of 2005, the Hulman family (through Terre Haute Realty Corp.) sold the hotel and two other historic buildings to a limited liability corporation, Seventh & Wabash, LLC, owned by Terre Haute developer, Greg Gibson, who demolished the structures for redevelopment. A new hotel, the Hilton Garden Inn – Terre Haute House, opened in the fall of 2007.