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Series not for sale, reiterate owners

"I'll work very hard to bring a fresh perspective and build some trust," said Miles of the task ahead of him. "You can't just ignore history, and I won't here. But the sport I hope to find will recognise that [the success of the series] is predicated on our ability to work together.

Among the issues on his to-do list are wrapping up Lotus' faltering involvement with the series as an engine supplier; sorting out problems with tyre providers Firestone; resolving a dispute with team owners about the cost of parts for the new Dallara chassis and a decision about whether or not to introduce bespoke aero kits to the car in 2013; and the specification of new chassis and engines for the junior Indy Lights series.

"Jeff understands racing and has relationships throughout the industry that have developed during his tenure with the company," said Miles. "Allowing him to focus on IMS and IndyCar will greatly benefit Hulman & Co."

In terms of the 2013 season, Belskus has already confirmed that next year's racing calendar previously announced by Bernard - which include three double-header events and a return to Pocono Raceway and to Reliant Park in Houston - would proceed as planned.

Miles acknowledged that the company itself could be doing a much better job of conveying its intentions to business partners, the media and to fans. "It's not always clear internally or externally what our priorities are and where we're headed," he admitted. "I think we can make that clearer."

Added Mari Hulman George: "The racing components of our business are very important to our company, and Jeff is uniquely positioned to help lead us into 2013 and beyond as he has complete understanding of our sport and our 2013 plan and an excellent relationship with our key stakeholders.

"By allowing Jeff to focus on the racing businesses and significantly less on the other business units, we are clearly aligning our executive management team to move the company forward," she added.

Belskus added that the appointment of Miles in his former role as Hulman & Co. CEO - which is effective from December 17 - was one that he was very much in favour of.

"Mark and I have known each other for many years and have worked together closely since he joined the Hulman & Co. board," he said. "Mark brings a wealth of experience and has a good understanding of the opportunities and challenges that face our business. I believe he will be very helpful in bringing new and successful ideas to the company."




Related Pictures

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Indianapolis Motor Speedway president Jeff Belskus. (Picture credit: IndyCar Media)
Jeff Belskus joined by veteran TV commentator Bob Jenkins and then-IndyCar CEO Randy Bernard with the green flag at Indianapolis. (c) 2012 F. Peirce Williams (Photo Credit: INDYCAR/LAT USA)
New Hulman & Co. CEO Mark Miles. (Photo credit: IndyCar Media)
James Hinchcliffe and Ryan Hunter-Reay lead the field in for pit stops as Dario Franchitti is punted by EJ Viso. (c) 2012, Phillip Abbott. LAT Photo USA (Photo Credit: INDYCAR/LAT USA)
Will Power, driver of the #12 Verizon Team Penske Chevrolet IndyCar V6, races to a fourteenth-place finish Saturday, July 13, 2014 at the Iowa Speedway in Newton, Iowa. Power lost the championship points lead to teammate Helio Castroneves, driver of the #3 Hitachi Team Penske Chevrolet IndyCar V6, who finished eighth. (Photo by Dan Streck/LAT for Chevy Racing)
Tony Kanaan, driver of the #10 TNT Energy Drink Ganassi Racing Chevrolet V6, races to a third-place finish Saturday, July 12, 2014 at the Iowa Speedway in Newton, Iowa. Helio Castroneves, driver of the #3 Verizon Team Penske Chevrolet V6, takes over the championship points lead with an eighth-place finish. (Photo by Phillip Abbott/LAT for Chevy Racing)
Scott Dixon, driver of the #9 Target Chip Ganassi Racing Chevrolet IndyCar V6, races teammate Tony Kanaan, driver of the #10 TNT Energy Drink Ganassi Racing Chevrolet V6, Saturday, July 12, 2014 at the Iowa Speedway in Newton, Iowa. Dixon won the pole and finished in fourth-place. Kanaan led for most of the race and finished third. (Photo by Phillip Abbott/LAT for Chevy Racing)
Helio Castroneves, driver of the #3 Verizon Team Penske Chevrolet V6, took over the championship points lead with an eighth-place finish Saturday, July 12, 2014 at the Iowa Speedway in Newton, Iowa. (Photo by Brett Moist/LAT for Chevy Racing)
Tony Kanaan leads the field during the Iowa Corn Indy 300 at Iowa Speedway (Photo by: Shawn Gritzmacher for IndyCar Media)
Helio Castroneves, driver of the #3 Hitachi Team Penske Chevrolet IndyCar V6, qualifies third Friday, July 11, 2014 for Saturday`s race at the Iowa Speedway in Newton, Iowa.  (Photo by Brett Moist/LAT for Chevy Racing)
Ryan Briscoe (left), driver of the #8 NTT Data Chip Ganassi Racing Chevrolet IndyCar V6, talks with teammate Tony Kanaan, driver of the #10 TNT Energy Drink Ganassi Racing Chevrolet V6, during qualifying Friday, July 11, 2014 for Saturday`s race at the Iowa Speedway in Newton, Iowa. Briscoe qualified fourth, Kanaan second and teammate Scott Dixon, driver of the #9 Target Chip Ganassi Racing Chevrolet IndyCar V6 won the pole. (Photo by Phillip Abbott/LAT for Chevy Racing)
Scott Dixon, driver of the #9 Target Chip Ganassi Racing Chevrolet IndyCar V6 celebrates winning the pole Friday, July 11, 2014 for Saturday`s race at the Iowa Speedway in Newton, Iowa. Dixon will start in the front row with teammate Tony Kanaan, driver of the #10 TNT Energy Drink Ganassi Racing Chevrolet V6, who qualified second. (Photo by Phillip Abbott/LAT for Chevy Racing)
Scott Dixon, driver of the #9 Target Chip Ganassi Racing Chevrolet IndyCar V6 wins the pole Friday, July 11, 2014 for Saturday`s race at the Iowa Speedway in Newton, Iowa. Dixon will start in the front row with teammate Tony Kanaan, driver of the #10 TNT Energy Drink Ganassi Racing Chevrolet V6, who qualified second. (Photo by Phillip Abbott/LAT for Chevy Racing)
The eyes of Scott Dixon look down track prior to practice for the Iowa Corn Indy 300 at Iowa Speedway (Photo by: Shawn Gritzmacher for IndyCar Media)
Scott Dixon on course during practice for the Iowa Corn Indy 300 at Iowa Speedway (Photo by: Chris Jones for IndyCar Media)
Scott Dixon celebrates taking pole position for the Iowa Corn Indy 300 presented by DEKALB at Iowa Speedway on Friday July 12 2014. (Photo by: Chris Jones for IndyCar Media)
Scott Dixon celebrates taking pole position for the Iowa Corn Indy 300 presented by DEKALB at Iowa Speedway on Friday July 12 2014. (Photo by: Chris Jones for IndyCar Media)
Scott Dixon celebrates taking pole position for the Iowa Corn Indy 300 presented by DEKALB at Iowa Speedway on Friday July 12 2014. (Photo by: Chris Jones for IndyCar Media)

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