It Won’t Get You a Ticket to Ride, but $10 Will Help Power Indy Car

For $10 per share, you too can be part of a dream.

Three Indianapolis businessmen are selling shares in a corporation to raise money for an entry in next year’s Indianapolis 500.

“It’s one of those male dreams: Sail around the world, build a cabin, run your own restaurant, and run and own your own race car,” said Marion O. Redstone, a lawyer who is one of the three principals in Dream-Share Racing Inc.

Redstone has teamed with Jim Cackler, owner of an industrial equipment company, and Bill Heard, a former NASCAR driver.

They hope to raise at least $500,000 to have Dream-Share prominently featured on a car owned by a major racing team.

So far, they have collected $3,000.

Cackler came up with the idea after watching Johnny Rutherford fail to make the field at this year’s race, in part because of a lack of sponsorship money.

However, the idea is not new. In 1976, fans paid $25 per share to sponsor the “Spirit of Indiana” car.

The group has contacted Walker Motor Sports, owner of Scott Goodyear’s car that finished second this year at Indy.

“Any money is eagerly accepted, and their money would certainly pay for a prominent place on a car,” said Laurence Gerrish, a Walker spokesman.

“But we’d have to wait for it. Too many people get burned by people promising millions and not delivering.”

Said Redstone: “This is as close as we’ll get to owning. It’s a little hype: You can say, ‘Dream-Share, that’s my car.’ ”