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IMS: Angie’s List no longer sponsor of the Indianapolis Grand Prix

INDIANAPOLIS (WISH) – Angie’s List will no longer be a sponsor of the Indianapolis Grand Prix.

The Indianapolis Motor Speedway confirmed Monday that Angie’s List will no longer sponsor the event, which they now refer to as “IndyCar Grand Prix.”

Angie’s List began sponsoring the event in 2014, but it has been facing some problems recently.

In the recent quarter, the company lost $16 million.

For more business headlines from Jane King at the Nasdaq, watch Daybreak Monday through Friday.