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Is the Indy 500 still a major event?

The Indy 500 draws ever closer, and while it's always a cause for week-long celebration in Indiana, does the rest of the country care? Is it a major stop on the sports calendar, or is it one of many sporting events doomed to a slow slide into irrelevancy?

On the latest episode of Grandstanding, Kevin Kaduk and Jay Busbee break down the pros and cons of Indy-as-big-time-event. Agree? Disagree? Have your say on Twitter using the hashtag #grandstanding.

This debate is part of Yahoo Sports' new ongoing Grandstanding series, in which Jay Busbee and Kevin Kaduk kick around every topic in sports. Check out the Grandstanding podcast, where we dive deeper into the day's big stories, and find us on Twitter (@kevinkaduk and @jaybusbee) Facebook (Kaduk here, Busbee here) or via the hashtag #grandstanding. Thanks for checking it out!

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Jay Busbee is a writer for Yahoo Sports and the author of EARNHARDT NATION, on sale now at Amazon or wherever books are sold. Contact him at jay.busbee@yahoo.com or find him on Twitter or on Facebook.