IMS Museum Awarded RPM Foundation, Indy 500 Oldtimer’s Club Grants for 2018 Restoration Initiatives

The Indianapolis Motor Speedway Museum is pleased to announce that it has been awarded grants by the RPM Foundation and the Indianapolis 500 Oldtimer’s Club to fully fund an internship position in the Museum’s restoration department.

The $7,000 grant from RPM, plus a $5,000 grant from the Oldtimer’s Club, have made possible the hiring of IMS Museum 2018 summer intern Nicholas Martakis, a student at IUPUI (Indiana University-Purdue University at Indianapolis) and native of Valparaiso, Ind.

Martakis is pursuing Bachelor of Science degrees in mechanical engineering and motorsports engineering.

Not only is Martakis adding an extra set of hands during a busy summer schedule for the IMS Museum’s full-time restoration team, but he’s earning invaluable technical and practical experience, working on some of the racing industry’s most iconic vehicles.

Martakis was instrumental in preparing the Museum’s vintage touring cars for the IPL 500 Festival Parade, in which the cars were used to carry the Indianapolis 500 drivers and their families. He also recently prepared the No. 20 STP Lotus 56/4 “wedge” turbine, which Art Pollard drove to a 13th-place finish in the 1968 “500,” for a trip to the Goodwood Festival of Speed in England.

“We’re extremely grateful for this opportunity to partner with the RPM Foundation, AAT and the Oldtimer’s Club, as this grant and Nick’s internship is helping our organizations achieve mutual goals,” said Betsy Smith, executive director of the IMS Museum. “Our restoration team is proud to support Nick’s passion and efforts to learn and uphold the art of auto restoration. His dedication and that of students like him will ensure the longevity of historic automobiles for years to come.”

RPM Foundation (RPM) is an educational grant-making program of America’s Automotive Trust (AAT). RPM is funded by collector vehicle and classic boat enthusiasts to serve youth and young adults on their pathways to careers in automotive and marine restoration, and preservation, along with the long-term interests of the collector vehicle and classic boat communities. Visit for more information.

IMS Muesum PR