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Tony George stands down from Indy board

Tony George to stand down from role on the board of Indianapolis Motor Speedway
Tony George, the founder of the Indy Racing League, has tendered his resignation from the board of the Indianapolis Motor Speedway.

George had remained as a board member despite his term as CEO of the family companies drawing to an end in June last year.

However, George has now elected to sever his ties with the companies with his role within IndyCar now focused on the Vision Racing team.

"As members of his family, we are sorry to see Tony leave," chairperson Mari Hulman George said. "We are grateful for his service to our company as a board member and of course for formerly serving as CEO and president of our companies. I speak for our whole family in wishing him well.

"All of us had hoped that Tony would continue to serve on the board, and we made that clear to him. We are disappointed with his decision to step down despite our wishes."

The companies will replace George in the board at a later date.

"Our company is healthy and is weathering the economic recession well," Hulam George continued. "Jeff Belskus, president and CEO of the Indianapolis Motor Speedway, and Curt Brighton, president and CEO of Hulman & Company, are both doing excellent jobs in guiding our companies through this difficult time. Many hard decisions have been made, and now our companies are well positioned for the future."



Related Pictures

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Indy Racing League. 20-21 June 2009. Iowa Corn 250.  Iowa Speedway. Newton, Iowa USA. Tony George and Ed Carpenter.
Sebastien Bourdais with his son after winning Race 1 of the Honda Indy Toronto. (Photo by: Shawn Gritzmacher for IndyCar Media)
The red flag is waived halting attempts to start Race 1 of the Honda Indy Toronto on Saturday. (Photo by: Chris Owens for IndyCar Media)
Mike Conway and Team Owner Ed Carpenter celebrate victory in Race 2 of the Honda Indy Toronto (Photo by: Chris Jones for IndyCar Media)
Sebastien Bourdais gets a congratulatory hug from team co-owner Kevin Kalkhoven after winning Race 1 of the Honda Indy Toronto (Photo by: Chris Owens for IndyCar Media)
Chevrolet sweeps the podium with winner Mike Conway (center), driver of the #20 Fuzzy`s Ultra Premium Vodka / Ed Carpenter Racing Chevrolet IndyCar V6, celebrating his victory Sunday, July 20, 2014 during the second of two IndyCar Series races through the streets of Exhibition Place, in Toronto, Canada. Tony Kanaan (left), driver of the #10 Target Chip Ganassi Racing Chevrolet celebrates his second-place finish. Will Power, driver of the #12 Verizon Team Penske Chevrolet celebrates his third-place finish. (Photo by Phillip Abbott/LAT for Chevy Racing)
Mike Conway, driver of the #20 Fuzzy`s Ultra Premium Vodka / Ed Carpenter Racing Chevrolet IndyCar V6, celebrates his victory Sunday, July 20, 2014 during the second of two IndyCar Series races through the streets of Exhibition Place, in Toronto, Canada. (Photo by Phillip Abbott/LAT for Chevy Racing)
Mike Conway, driver of the #20 Fuzzy`s Ultra Premium Vodka / Ed Carpenter Racing Chevrolet IndyCar V6, takes the chequered flag while racing to victory Sunday, July 20, 2014 during the second of two IndyCar Series races through the streets of Exhibition Place, in Toronto, Canada. (Photo by Michael L. Levitt/LAT for Chevy Racing)
Mike Conway, driver of the #20 Fuzzy`s Ultra Premium Vodka / Ed Carpenter Racing Chevrolet IndyCar V6, races to victory Sunday, July 20, 2014 during the second of two IndyCar Series races through the streets of Exhibition Place, in Toronto, Canada. (Photo by Phillip Abbott/LAT for Chevy Racing)
Mike Conway on his way to victory in the second round of the Honda Indy Toronto doubleheader on Sunday July 20 2014. (Photo by: Joe Skibinski for IndyCar Media)
Mike Conway jumps for joy after the second round of the Honda Indy Toronto doubleheader on Sunday July 20 2014. (Photo by: Chris Jones for IndyCar Media)
Mike Conway with the winner`s flag after the second round of the Honda Indy Toronto doubleheader on Sunday July 20 2014. (Photo by: Chris Jones for IndyCar Media)
Mike Conway, Tony Kanaan and Will Power celebrate on the podium after the second round of the Honda Indy Toronto doubleheader on Sunday July 20 2014. (Photo by: Chris Jones for IndyCar Media)
Mike Conway receives the winner`s trophy after the second round of the Honda Indy Toronto doubleheader on Sunday July 20 2014. (Photo by: Chris Jones for IndyCar Media)
Mike Conway, Tony Kanaan and Will Power pose for a selfie on the podium after the second round of the Honda Indy Toronto doubleheader on Sunday July 20 2014. (Photo by: Chris Jones for IndyCar Media)
Tony Kanaan and Will Power pose for a selfie on the podium after the second round of the Honda Indy Toronto doubleheader on Sunday July 20 2014. (Photo by: Chris Jones for IndyCar Media)
Mike Conway celebrates with the Ed Carpenter Racing team after the second round of the Honda Indy Toronto doubleheader on Sunday July 20 2014. (Photo by: Chris Owens for IndyCar Media)
Mike Conway celebrates after the second round of the Honda Indy Toronto doubleheader on Sunday July 20 2014. (Photo by: Chris Owens for IndyCar Media)

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seashack

January 21, 2010 10:13 AM

1 down, 1 to go. Now all we need to do is get him out of the IRL then the healing can begin. As long as he is involved in the IRL, CART/ChampCar fans will never fully embrace it because of all the bad blood. Tony may have brough F1 to the US, but the damage he did to American open wheel racing far overshadowed it. CART in the 90's was the second best series in the world (NASCAR being #1.....ha ha). Tony had the name sake race and still didn't "win the war". He managed to drive both series into mediocrity and remove open wheel from the US landscape. Nice job a hole. He was even kicked out of the family business, useless *****.



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