Medical Properties Trust Backs Barber Race in Multiyear Deal

The NTT INDYCAR SERIES event at Barber Motorsports Park has a new title sponsor, Medical Properties Trust. Through Medical Properties Trust’s philanthropic vision, the April 28-30 event will be named Children’s of Alabama Indy Grand Prix. Medical Properties Trust, a Birmingham, Alabama-based real estate investment trust specializing in the acquisition and development of net-leased hospital facilities around the world, has entered into a five-year sponsorship agreement for the naming rights of the event and has dedicated the entitlement to Children’s of Alabama. A percentage of proceeds from ticket sales and additional ancillary events will benefit Children’s of Alabama. Children’s of Alabama is ranked among the best children’s hospitals by U.S. News & World Report. Children’s serves patients from every county in Alabama and is a cornerstone of the Birmingham medical community.

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