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
Sunoco
 
Sunoco Named Official Fuel for Indianapolis Motor Speedway
Sunoco named official fuel for Indianapolis Motor Speedway and extends role as official fuel of INDYCAR in new multi-year agreement
Read More
Chevrolet
 
Chevrolet Details IndyCar Aero Kit Process
With three consecutive Verizon IndyCar Series Manufacturers’ championships to their credit, Chevrolet has invested a lot of additional resources to ensure it earns Number 4 at by the end of the season.
Read More
Sage Karam
 
Karam to Race in St. Petersburg
Sage Karam, the 2013 Indy Lights Presented by Cooper Tires champion, confirmed that he'll be on the grid for the Verizon IndyCar Series season-opening Firestone Grand Prix of St. Petersburg in the No. 8 Chip Ganassi Racing GE LED Chevrolet.
Read More
Ryan Hunter-Reay
 
500 Champions Already Have One Eye on New-Look Month of May
Five Verizon IndyCar Series regulars will come to the Indianapolis Motor Speedway in May looking to add to their champion resumes at the Indianapolis 500.
Read More
2015 Chevrolet IndyCar Aero Kit
 
Chevrolet Unveils Aero Kit for 2015 Verizon IndyCar Series Season
Chevrolet is prepared for the next bold step in manufacturer competition with the introduction of aerodynamic bodywork kits to the Verizon IndyCar Series, according to Jim Campbell, GM’s U.S. vice president of performance vehicles and motorsports.
Read More
Items 1 - 5 of 889
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 Laura Wyamn at (317) 492-8557 or email at lwyman@brickyard.com.
Latest Tweets
Talking top-threes at the #Indy500 on The Blog with Donald Davidson: http://t.co/6XEkA8Geyp #AskDonald
about 1 hour ago