IndyCar »

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

Click on relevant pic to enlarge
Indy Racing League. 20-21 June 2009. Iowa Corn 250.  Iowa Speedway. Newton, Iowa USA. Tony George and Ed Carpenter.
Conor Daly leads at the 2014 Dan Wheldon Memorial kart event   [pic credit: IndyCar Media/Chris Jones]
Ryan Hunter-Reay celebrates in Victory Lane after winning the Iowa Corn 300 at Iowa Speedway (Photo by: Chris Jones for IndyCar Media)
Ryan Hunter-Reay celebrates in Victory Lane after winning the Iowa Corn 300 at Iowa Speedway (Photo by: Chris Owens for IndyCar Media)
Sage Karam, driver of the #8 Comfort Revolution/Big Machine Records Chip Ganassi Racing Chevrolet IndyCar V6, celebrates his third-place finish Saturday, July 18, 2015, during the Verizon IndyCar Series Iowa Corn 300 at Iowa Speedway in Newton, Iowa. (Photo by Phillip Abbott/LAT for Chevy Racing)
Josef Newgarden, driver of the #67 Wichita State University CFH Racing Chevrolet V6 IndyCar, celebrates his second-place finish Saturday, July 18, 2015, during the Verizon IndyCar Series Iowa Corn 300 at Iowa Speedway in Newton, Iowa. (Photo by Phillip Abbott/LAT for Chevy Racing)
Sage Karam, driver of the #8 Comfort Revolution/Big Machine Records Chip Ganassi Racing Chevrolet IndyCar V6, races to a third-place finish Saturday, July 18, 2015, during the Verizon IndyCar Series Iowa Corn 300 at Iowa Speedway in Newton, Iowa. (Photo by Scott R. LePage/LAT for Chevy Racing)
Josef Newgarden, driver of the #67 Wichita State University CFH Racing Chevrolet V6 IndyCar, races to a second-place finish Saturday, July 18, 2015, during the Verizon IndyCar Series Iowa Corn 300 at Iowa Speedway in Newton, Iowa. (Photo by Scott R. LePage/LAT for Chevy Racing)
Ryan Hunter-Reay celebrates in Victory Lane after winning the Iowa Corn 300 at Iowa Speedway (Photo by: Chris Jones for IndyCar Media)
Ryan Hunter-Reay celebrates in Victory Lane after winning the Iowa Corn 300 at Iowa Speedway (Photo by: Chris Jones for IndyCar Media)
Ryan Hunter-Reay celebrates in Victory Lane after winning the Iowa Corn 300 at Iowa Speedway (Photo by: Chris Jones for IndyCar Media)
Ryan Hunter-Reay celebrates in Victory Lane after winning the Iowa Corn 300 at Iowa Speedway (Photo by: Chris Jones for IndyCar Media)
Ryan Hunter-Reay takes the twin checkers to win the Iowa Corn 300 at Iowa Speedway. (Photo by: Chris Owens for IndyCar Media)
Helio Castroneves crosses the start/finish line during practice for the Iowa Corn 300 at Iowa Speedway (Photo by: Chris Jones for IndyCar Media)
Helio Castroneves affixes the Verizon P1 Award emblem as the pole winner for the Iowa Corn 300 at Iowa Speedway (Photo by: Chris Jones for IndyCar Media)
Helio Castroneves with the Verizon P1 Award trophy as the pole winner for the Iowa Corn 300 at Iowa Speedway (Photo by: Chris Jones for IndyCar Media)
Helio Castroneves celebrates with the Verizon P1 Award trophy as the pole winner for the Iowa Corn 300 at Iowa Speedway (Photo by: Chris Jones for IndyCar Media)
Tony Kanaan chats with teammate Scott Dixon during qualifications for the Iowa Corn Indy 300 at Iowa Speedway (Photo by: Chris Jones for IndyCar Media)

Join the conversation - Add your comment

Please login or register before adding your comments.

Although the administrators and moderators of this website will attempt to keep all objectionable comments off these pages, it is impossible for us to review all messages. All messages express the views of the poster, and neither Crash Media Group nor Crash.Net will be held responsible for the content of any message. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message. If you find a message objectionable, please contact us and inform us of the problem or use the [report] function next to the offending post. Any message that does not conform with the policy of this service can be edited or removed with immediate effect.


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 *****.



© 1999 - 2015 Crash Media Group

The total or partial reproduction of text, photographs or illustrations is not permitted in any form.