Tony George Ousted From IMS:

dpkimmel2001

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Nov 6, 2008
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The controversial, ground-breaking, tumultuous 20-year reign of Tony George at the Indianapolis Motor Speedway is over. SPEEDtv.com has learned George was voted out of power in a Tuesday night board meeting in Indianapolis. A source close to the situation confirmed that the 49-year-old grandson of Tony Hulman would no longer be CEO of the Speedway after a vote of the IMS board of directors which includes mother Mari, sisters Josie, Nancy and Kathy, attorney Jack Snyder and George. Calls to Snyder and Fred Nation, IMS vice president of communications, were not returned and George did not respond to an email. George, who started the Indy Racing League in 1996, will continue as CEO of the IndyCar series and is expected to take more of a hands-on role after Tuesday's developments at the Speedway. It had been rumored for several years that his sisters were concerned with the amount of money George had spent on keeping the IRL afloat and changing the look of the Speedway. He helped orchestrate the unification of open wheel racing with Champ Car's Kevin Kalkhoven in 2008 but since then has mostly concentrated on trying to improve Vision Racing for stepson Ed Carpenter and Ryan Hunter-Reay.
It's assumed Jeff Belskus, the IMS chief financial officer, and Curt Brighton, general counsel for the Speedway, will run the show until a replacement is hired. One name making the rounds has been Humpy Wheeler, the longtime promoter at Charlotte who was at last Sunday's Indy 500 for the first time since 1970. The heirs to Tony's throne are Kyle and Jarrod Krisiloff (sons of Josie), Jesika Gunter (daughter of Nancy), Olivia Conforti (daughter of Kathy), Tony Jr. and Lauren (son and daughter of Tony and Laura George). None are on the board as yet but Jarrod Krisiloff currently works in IMS Productions and has spent the past four years learning the ropes of other departments while brother Kyle pursued a driving career in Atlantics and NASCAR before retiring to go to work for the Speedway late last year.


Let's just hope he stays away from NASCAR.
 

semipenguin

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Oct 11, 2008
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I read about this on twitter, but I didn't know how credible it was...:right:
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dpkimmel2001

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Tony says NO!

INDIANAPOLIS – Tony George is denying a report that he has been ousted as CEO of the Indianapolis Motor Speedway.

SpeedTV.com is reporting the board of directors removed George from his CEO position during a meeting Tuesday night. In an appearance outside the speedway Wednesday, George tells TV reporters he has not been informed he's no longer in charge of the speedway and is unaware of any meeting.

George has led the family-owned speedway for the past 20 years. During that time, he started the Indy Racing League and brought NASCAR, Formula One and Grand Prix motorcycles to the 100-year-old, tradition-bound Indiana track.


Indy CEO Tony George denies ouster - Yahoo! News