Tony George will no longer have day-to-day responsibility for running his family businesses, including the Indianapolis Motor Speedway.
Current chief financial officer Jeffrey Belskus is the new CEO of the Indianapolis Motor Speedway Corp., and current chief legal counsel W. Curtis Brighton is the new president and CEO of Hulman & Co. The changes, made public Tuesday, take effect July 1.
George remains on the board of directors of the Hulman-George companies, along with his mother and three sisters. But he will focus on running his IndyCar Series team, Vision Racing.
The changes come one month after the family denied reports that George had been ousted from his executive positions during the annual meeting. But the family issued a statement that said George had been asked to "devise a plan for management of Hulman & Co., the Indy Racing League, Clabber Girl and the Indianapolis Motor Speedway that would allow him to focus on the business which requires the greatest attention."
It is not immediately clear how much involvement George will have in running the Indy Racing League