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
Takuma Sato
 
Sato Humbled By Hero's Welcome in Japan
Sato, the 40-year-old driver of the No. 26 Andretti Autosport Honda, has been living a whirlwind life since becoming the first Japanese driver to win “The Greatest Spectacle in Racing” on May 28. Following the Indianapolis 500 Championship Celebration on May 29, he left on a U.S. media tour for New York and Texas, then went straight to the doubleheader race weekend at Detroit’s Belle Isle. A few days later, it was on to Texas Motor Speedway.
Read More
Graham Rahal
 
Rahal Sweeps Detroit Double Header
After winning the opening race of the Verizon IndyCar Series doubleheader weekend front the pole position on Saturday, Rahal started third today in the No. 15 SoldierStrong / TurnsForTroops.com Honda. Rahal led 40 laps and beat Josef Newgarden to the checkered flag by 1.1772 seconds to claim his sixth career Indy car victory and the 25th for Rahal Letterman Lanigan Racing.
Read More
Takuma Sato
 
Sato Earns $2.45 Million for Winning 101st Indianapolis 500
Takuma Sato earned $2,458,129 from an overall purse of $13,178,359 for his victory Sunday in the 101st Running of the Indianapolis 500 presented by PennGrade Motor Oil at the Indianapolis Motor Speedway.
Read More
Fernando Alonso
 
Alonso's Bid For Second Leg of Triple Crown Falls 20 Laps Short
Fernando Alonso’s attempt to win the 101st Indianapolis 500 presented by PennGrade Motor Oil went up in a puff of blue smoke today late in the 200-lap race. That’s when the promising run ended in his No. 29 McLaren-Honda-Andretti Honda after the Spaniard led 27 laps – the third-highest total of the day – and was in contention for the lead through much of the race.
Read More
Takuma Sato
 
Sato Wins 101st Running of the Indianapolis 500 presented by PennGrade Motor Oil
Takuma Sato used a brave outside pass of Helio Castroneves with five laps remaining Sunday to cap a day of drama with a victory in the 101st Indianapolis 500 presented by PennGrade Motor Oil. Sato, from Tokyo, held off three-time Indianapolis 500 winner Castroneves by .2011 of a second in the No. 26 Andretti Autosport Honda to become the first Japanese driver to win “The Greatest Spectacle in Racing.”
Read More
Items 1 - 5 of 1,460
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 IMS Sales Department at (317) 492-8739 or email at hospitalitysales@brickyard.com.
Latest Tweets
It's Pole day on @CrownRoyal Armed Forces Weekend & we can't wait to see you! Check out details on the day: https://t.co/yKQ6Db3YRK
May 21