Filed under: Indianapolis Motor Speedway, IRL
Tony George has severed his ties with the
Indianapolis Motor Speedway and resigned his position from the board of directors of all his family's businesses.
George, who founded the Indy Racing League in 1995 and served as Chairman of the Indianapolis Motor Speedway up until June 30, 2009, submitted his formal resignation from all roles in his family's Hulman & Company business, the Speedway, the Indy Racing League and IMS Productions according to a news release from the Speedway on Tuesday.
He will continue to own Vision Racing, which competes in the IZOD IndyCar Series.
"All of us had hoped that Tony would continue to serve on the board and we made that clear to him,'' his mother Mari Hulman George said. "We are disappointed with his decision to step down despite our wishes.
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