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D.O. (Offline)
  #1 1/19/10 3:45 PM
TONY GEORGE RESIGNS BOARD MEMBERSHIPS
OF INDIANAPOLIS MOTOR SPEEDWAY, HULMAN & COMPANY

INDIANAPOLIS, Tuesday, Jan. 19, 2010 � The Board of Directors of Hulman & Company and affiliated companies, including the Indianapolis Motor Speedway, has received the resignation of Anton H. �Tony� George from the board of directors effective immediately, according to Mari Hulman George, chairman.

�As members of his family, we are sorry to see Tony leave,� said Mrs. George. �We are grateful for his service to our company as a board member and of course for formerly serving as CEO and president of our companies. I speak for our whole family in wishing him well.

�All of us had hoped that Tony would continue to serve on the board, and we made that clear to him. We are disappointed with his decision to step down despite our wishes.�

His resignation removes George from any remaining role in Hulman & Company, Indianapolis Motor Speedway, Indy Racing League, IMS Productions and other affiliated companies. His term as CEO of the family companies ended June 30, 2009. He continues to be involved in racing through his ownership of Vision Racing, a competitor in the IZOD IndyCar Series of the Indy Racing League.

The board vacancy will be addressed at a later date. In addition to Mari Hulman George, board members include Nancy George, Josie George, Kathi George-Conforti and Jack Snyder.

Mari Hulman George said she is very pleased with the direction of the company and the progress that has been made during the last six months.

�Our company is healthy and is weathering the economic recession well,� she said. �Jeff Belskus, president and CEO of the Indianapolis Motor Speedway, and Curt Brighton, president and CEO of Hulman & Company, are both doing excellent jobs in guiding our companies through this difficult time. Many hard decisions have been made, and now our companies are well positioned for the future.�
D.O. (Offline)
  #2 1/19/10 3:46 PM
He also refused to accept the position as president of the Indy Racing League, the series he started in 1996, following his ouster.
Crankin (Offline)
  #3 1/19/10 4:17 PM
Originally Posted by D.O.:

The board vacancy will be addressed at a later date.�
I herby nominate Danny Laycock. All those in favor....
PJ Wright (Offline)
  #4 1/19/10 4:34 PM
Originally Posted by Crankin:
I herby nominate Danny Laycock. All those in favor....
Instead of 'Ladies and gentlemen start your engines' we'd get......
WOOOOOOOOOOOOOO RACIN' !!!!!!!!
v8j (Offline)
  #5 1/19/10 5:44 PM
I second the nomination
Charles Nungester (Online)
  #6 1/19/10 6:51 PM
Robin Miller to be named President of Indycar and IMS effective immediately!

Sike

Charles Nungester
Likes: badgerfan
Crankin (Offline)
  #7 1/19/10 7:14 PM
Originally Posted by PJ Wright:
Instead of 'Ladies and gentlemen start your engines' we'd get......
WOOOOOOOOOOOOOO RACIN' !!!!!!!!
Now hearing 300,000 people say that in unison would be downright awesome!!
Mud Packer (Offline)
  #8 1/19/10 7:42 PM
Originally Posted by charles nungester:
robin miller to be named president of indycar and ims effective immediately!

Sike

Mike

Be nice to people on the way up. You might need them on the way down. Jimmy Durante
Likes:
v8j (Offline)
  #9 1/19/10 9:16 PM
robin miller as president would be like his midget success. flop !
Hawker (Offline)
  #10 1/19/10 10:58 PM
That breaks my freaking heart...
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