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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)
Tony Kanaan, driver of the #10 Target Chip Ganassi Chevrolet IndyCar V6, races to victory Saturday, August 30, 2014 during the last Verizon IndyCar Series race of the season at Auto Club Speedway in Fontana, California. This is the third consecutive win for Chevrolet at Auto Club Speedway. Chevrolet wins the Manufacturer`s Championship for the third straight season. (Photo by Gregg Ellman/LAT for Chevy Racing)
Team Chevy sweeps the podium as Tony Kanaan (center), driver of the #10 Target Chip Ganassi Racing Chevrolet IndyCar V6, celebrates his victory Saturday, August 30, 2014, during the last Verizon IndyCar Series race of the season at Auto Club Speedway in Fontana, California. Teammate Scott Dixon (left), driver of the #9 Target Chip Ganassi Racing Chevrolet V6, finishes second, and Ed Carpenter, driver of the #20 Fuzzy`s Ultra Premium Vodka/Ed Carpenter Racing Chevrolet V6, finishes third. Chevrolet wins the Manufacturer`s Championship for the third straight season. (Photo by Gregg EllmanLAT for Chevy Racing)
Tony Kanaan, driver of the #10 Target Chip Ganassi Chevrolet IndyCar V6, takes the chequered flag while racing to victory Saturday, August 30, 2014 during the last Verizon IndyCar Series race of the season at Auto Club Speedway in Fontana, California. This is the third consecutive win for Chevrolet at Auto Club Speedway. Chevrolet wins the Manufacturer`s Championship for the third straight season. (Photo by Michael L. Levitt/LAT for Chevy Racing)
Tony Kanaan, driver of the #10 Target Chip Ganassi Chevrolet IndyCar V6, makes a quick pit stop while racing to victory Saturday, August 30, 2014 during the last Verizon IndyCar Series race of the season at Auto Club Speedway in Fontana, California. This is the third consecutive win for Chevrolet at Auto Club Speedway. Chevrolet wins the Manufacturer`s Championship for the third straight season. (Photo by Brian Cleary/LAT for Chevy Racing)
Will Power, driver of the #12 Verizon Team Penske Chevrolet IndyCar V6, celebrates winning the 2014 Verizon IndyCar Series Championship by posing with the Astor Challenge Cup Saturday, August 30, 2014 after the last race of the season at Auto Club Speedway in Fontana, California. Chevrolet clinches its third straight Manufacturer`s Championship. (Photo by Michael L. Levitt/LAT for Chevy Racing)
Will Power, driver of the #12 Verizon Team Penske Chevrolet IndyCar V6, celebrates winning the 2014 Verizon IndyCar Series Championship by hoisting the Astor Challenge Cup Saturday, August 30, 2014 after the last race of the season at Auto Club Speedway in Fontana, California. Chevrolet clinches its third straight Manufacturer`s Championship. (Photo by Michael L. Levitt/LAT for Chevy Racing)
Will Power, driver of the #12 Verizon Team Penske Chevrolet IndyCar V6, celebrates winning the 2014 Verizon IndyCar Series Championship by kissing the Astor Challenge Cup Saturday, August 30, 2014 after the last race of the season at Auto Club Speedway in Fontana, California. Chevrolet clinches its third straight Manufacturer`s Championship. (Photo by Michael L. Levitt/LAT for Chevy Racing)
Will Power, driver of the #12 Verizon Team Penske Chevrolet IndyCar V6, celebrates winning the 2014 Verizon IndyCar Series Championship with his wife Liz Saturday, August 30, 2014 after the last race of the season at Auto Club Speedway in Fontana, California. Chevrolet clinches its third straight Manufacturer`s Championship. (Photo by Phillip Abbott/LAT for Chevy Racing)
Helio Castroneves and Tim Cindric come together after a valiant effort in the MAVTV 500 at Auto Club Speedway (Photo by: Richard Dowdy for IndyCar Media)
Tony Kanaan and crew celebrate winning the MAVTV 500 at Auto Club Speedway in Fontana, California on Saturday August 30 2014 (Photo by: Chris Jones for IndyCar Media)
Tony Kanaan celebrates winning the MAVTV 500 at Auto Club Speedway in Fontana, California on Saturday August 30 2014 (Photo by: Chris Jones for IndyCar Media)
Tony Kanaan and wife Lauren celebrate winning the MAVTV 500 at Auto Club Speedway in Fontana, California on Saturday August 30 2014 (Photo by: Chris Jones for IndyCar Media)
Tony Kanaan and wife Lauren with the Winners Trophy after winning the MAVTV 500 at Auto Club Speedway (Photo by: Chris Jones for IndyCar Media)
Confetti falls on the podium trio Scott Dixon, Tony Kanaan and Ed Carpenter celebrate after the MAVTV 500 at Auto Club Speedway (Photo by: Chris Jones for IndyCar Media)

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