IRL’s founder Tony George steps down from board of Hulman & Company

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Anton H. “Tony” George handed in his resignation to Hulman & Company citing “"It goes without saying that I want to do what is best for this organization." The board of directors accepted his resignation; effective immediately.

Where to next is the first question on the mind of those who have followed the recent news that Tony George was again attempting to put together a group of current IZOD IndyCar teams, and possible investors, to purchase the series that he originally founded.

Jeff Belskus, Hulman & Company president and CEO again stated the same comments that IndyCar is “not for sale and no offers to sell it have been considered or are being considered.” On behalf of the Hulman – George family and of course the company, Belskus added “we applaud Tony's efforts to resolve the appearance of a conflict and appreciate the gravity of this decision."

For someone who has openly admitted he wanted to control “the series”, it appears that Tony George is stepping aside to pursue his most recent attempt to take back the American-based open-wheel series.

"I realize that my recent efforts to explore the possibility of acquiring INDYCAR represent the appearance of a conflict, and it is in everyone's best interest that I resign from the Hulman & Company board," he said. "It goes without saying that I want to do what is best for this organization."

What will be the next chapter in Tony George’s life? Only time will tell.

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About this article
Series INDYCAR
Article type Breaking news
Tags business, george, hulman, indianapolis, indycar, irl, tony

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