[MotorSports News]

The Board of Directors of Hulman & Company and the Indianapolis Motor Speedway announced June 30 that a new management team comprised of veteran IMS executives W. Curtis Brighton and Jeffrey G. Belskus will head the Hulman-George companies effective July 1.
Brighton, currently executive vice president and chief legal counsel, will become president and CEO of Hulman & Company. Belskus, currently executive vice president and chief financial officer for the companies, will become president and CEO of the Indianapolis Motor Speedway Corporation.
They will replace Tony George, who will no longer serve as president and chief executive officer of the Hulman-George companies but will remain a board member of the Hulman-George companies.
"Our board had asked Tony to structure our executive staff to create efficiencies in our business structure and to concentrate his leadership efforts in the Indy Racing League," said Mari Hulman George, IMS chairman of the board. "He has decided that with the recent unification of open-wheel racing and the experienced management team IMS has cultivated over the years, now would be the time for him to concentrate on his team ownership of Vision Racing with his family and other personal business interests he and his family share.
"Tony will remain on the Board of Directors of all of our companies, and he will continue to work with the entire board to advance the interests of all of companies.
"Our family and the entire racing community are grateful to Tony for the leadership and direction he has provided since 1990. We are pleased that he will continue to be an important part of the Indy Racing League as a team owner and as a member of our Board of Directors, and we wish him every success."
Mrs. George underscored the confidence in the leadership of Belskus and Brighton, who both were hired by Tony George.
"Jeff and Curt have both been with the company for many years in positions of top leadership," Mrs. George said. "Tony, as well as the entire Board of Directors, has the utmost confidence in their capabilities. Both of these men have years of experience and leadership within our companies. In addition, each of our companies has effective presidential leadership, and that will remain in place."
Joie Chitwood is president and chief operating officer (COO) of the Indianapolis Motor Speedway, LLC. Terry Angstadt is president of the commercial division of the Indy Racing League. Brian Barnhart is president of the competition division of the Indy Racing League. Charlie Morgan is president and COO of IMS Productions. Gary Morris is president and COO of Clabber Girl.
"These changes underscore our family's commitment going forward to all of our companies, especially our commitment to the growth of the Indy Racing League and the sport of open-wheel racing," Mrs. George said. "We believe the Hulman-George family's long stewardship of the Indianapolis Motor Speedway, beginning in 1945, and our significant investment in the Speedway and in the IRL demonstrates that we have full confidence in all of our companies and that we intend to grow them in the future."


6/30 :: Executive changes at Hulman-George companies