It's a developing story, but it seems that Tony George's family has turned on him. Or, rather, turned him out as CEO of the Indianapolis Motor Speedway.
According to the Indianapolis Business Journal, "This afternoon’s announcement that Tony George no longer would be president and CEO of Indianapolis Motor Speedway and other companies owned by the Hulman-George family had been anticipated for more than a month."
Anthony Shoettle goes on to say, "George will remain on the board of Hulman & Co. and focus on making the IRL profitable. A management team comprised of veteran IMS executives W. Curtis Brighton and Jeffrey G. Belskus will head the Hulman-George companies effective July 1."
There's more on IBJ’s motorsports blog, The Score.
Tuesday, June 30, 2009
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