News & Multimedia

Randy Bernard Steps Down As CEO Of INDYCAR

The board of directors of the Indianapolis Motor Speedway Corporation convened a special meeting Sunday, Oct. 28 and has announced that Randy Bernard will relinquish his position as CEO of INDYCAR effective immediately. Indianapolis Motor Speedway Corporation President and CEO Jeff Belskus was appointed as interim CEO of INDYCAR.

“We are very grateful for the tireless effort that Randy has invested into learning, understanding and working to grow the IndyCar Series over the last three racing seasons,” Belskus said. “As both Randy and our organization have reflected on the past season and as we look toward the opportunities ahead and how to best take advantage of them, we agreed that the timing was right to pursue separate paths.”

Bernard, who joined INDYCAR in March 2010, said he believed he is leaving INDYCAR in a better position than when he arrived.

“I have enjoyed the opportunity to work with the entire INDYCAR community, its teams, drivers, loyal partners and fans,” Bernard said. “The last three years have produced some exciting, and some difficult, times. But we have created a foundation for INDYCAR that positions it to grow over the next several years, and I am proud of what everyone at INDYCAR has been able to accomplish since I came on board.”

Bernard was also grateful for the support of the Hulman-George family during his tenure.

“I want to thank the Hulman-George family, especially Josie (George), for giving me the opportunity and privilege to work with the organization and to help set a course and direction for INDYCAR,” Bernard said. “With the family’s firm commitment to the betterment of the sport and the dedication of our teams, drivers, partners and fans, INDYCAR is better poised for success than it has been in many years.”

Belskus credited Bernard with successfully navigating INDYCAR through a challenging and important time period that included the development and rollout of the first new chassis rules in nine years and the introduction of a new engine platform and multiple engine manufactures after six years of a single-supplier format.

Belskus added that Bernard would still provide input into the overall operation of INDYCAR through an ongoing advisory capacity with INDYCAR. Bernard said he was looking forward to staying involved.

“I have developed a passion for the sport of INDYCAR, and I look forward to being involved at a strategic level as an advisor to the INDYCAR leadership,” Bernard said. “As INDYCAR fans, we need to unify behind the sport in order to move it to the next level, and I look forward to providing input and being part of that unified voice along the way.”

Belskus, who served as CEO of INDYCAR from July 2009 through February 2010, will continue in his current roles in addition to being named interim CEO of INDYCAR. Belskus said a specific timeline had not been established for announcing a permanent replacement, but added that future INDYCAR leadership structure will be addressed as part of a current strategic planning process that includes assistance from global business management firm The Boston Consulting Group and would incorporate consultation with INDYCAR stakeholders.

“The organization is full of talented professionals, and we will continue to prepare for what will be a very exciting 2013 racing season,” Belskus said. “Once again, INDYCAR is not for sale, and the organization remains completely committed to owning and operating INDYCAR.”
 

Show More Show Less
Now Viewing
Randy Bernard Steps Down As CEO Of INDYCAR
 
Randy Bernard Steps Down As CEO Of INDYCAR
The board of directors of the Indianapolis Motor Speedway Corporation convened a special meeting Sunday, Oct. 28 and has announced that Randy Bernard will relinquish his position as CEO of INDYCAR effective immediately. Indianapolis Motor Speedway Corporation President and CEO Jeff Belskus was appointed as interim CEO of INDYCAR.
Read More
Related Media
Will Power
 
2015 Verizon IndyCar Series Schedule Unveiled
INDYCAR announced the 2015 Verizon IndyCar Series schedule today featuring 17 race events, two new race venues and a total of six ABC and 13 NBCSN event broadcasts. The diverse calendar of events – which features six ovals, six road courses and four temporary street circuits – includes a total of 14 markets making a return to the calendar from 2014.
Read More
A.J. Foyt Racing
 
Hawksworth Joins A.J. Foyt Racing For 2015
It has been Larry Foyt’s longtime goal to expand A.J. Foyt Racing’s Verizon IndyCar Series presence to two full-time entries, and with impeccable timing primary sponsor ABC Supply Co. Inc. has stepped up to make it a reality.
Read More
Kurt Busch and Ryan Hunter-Reay
 
Hunter-Reay and Busch Team Up Again
Ryan Hunter-Reay and Kurt Busch will be teammates again Dec. 13-14 when they will represent the USA in the Race of Champions' Nations Cup at the Bushy Park Circuit in Barbados.
Read More
James Hinchcliffe Drives a Vintage Porsche
 
Hinchcliffe Tests Legendary Sports Cars at IMS
The three-time Verizon IndyCar Series race winner was tasked by R&T to test drive a Porsche 962, one of the most legendary sports cars on the planet, alongside Porsche’s new 918, at the famed Indianapolis Motor Speedway for an upcoming issue.
Read More
Juan Montoya
 
Montoya Celebrates Hispanic Heritage Month
Montoya, 39, who grew up in Bogota, Colombia, equates his outlook on life to his proud heritage. Through Oct. 15, Americans are observing National Hispanic Heritage Month by celebrating the histories, cultures and contributions of residents whose ancestors came from Spain, Mexico, the Caribbean and Central and South America.
Read More
Items 1 - 5 of 858
Reserve one of our hospitality suites for your next event!
To start planning your event at the Indianapolis Motor Speedway please fill out our Information Request Form or contact Phil Sparks at (317) 492-6463 or email at psparks@brickyard.com.
Latest Tweets
Happy #Halloween, race fans! Dressing in a racing-themed costume this year? Be sure to send us pictures! http://t.co/bdHXS3uHcJ
about 29 minutes ago