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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

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.
Ed Jones, Dale Coyne Racing, IndyCar [Credit: Ed Jones PR]
Alexander Rossi - Andretti Autosport   [pic credit: Indycar Media/Joe Skibinski]
Simon Pagenaud (Team Penske) celebrates winning the 2016 IndyCar title with victory at Sonoma   [pic credit: Chris Owens]
Simon Pagenaud - Team Penske   [pic credit: IndyCar Media/Chris Owens]
Ed Jones celebrates winning the 2016 Indy Lights championship
Kyle Kaiser (Juncos Racing) celebrates at Laguna Seca
Kyle Kaiser - Juncos Racing
Ed Carpenter Racing crew working on the boss` car   [pic credit: IndyCar Media/Chris Owens]
Indy Lights action
Indy Lights title contender Santiago Urrutia, Ed Jones, Dean Stoneman, Felix Serralles, Kyle Kaiser and Zach Veach   [pic credit: IndyCar Media]
Santiago Urrutia - Schmidt Petersen Motorsport
Will Power - Team Penske
Scott Dixon (Target Chip Ganassi Racing) on his way to victory at Watkins Glen   [pic credit: Indycar media/Chris Owens]
Scott Dixon (Target Chip Ganassi Racing) on his way to pole at Watkins Glen   [pic credit: Indycar media/Chris Owens]
Graham Rahal celebrates victory in the Firestone 600 at Texas Motor Speedway   (image credit: IndyCar Media/Chris Owens)
Scott Dixon leads the Indycar field   [pic credit: Indycar media/Bret Kelley]
Will Power - Team Penske   [pic credit: Indycar media/Chris Jones]

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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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