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
Josef Newgarden
 
Monday Racing Roundup: Newgarden Scores First Win at Barber
Newgarden, driving the No. 67 Hartman Oil CFH Racing Chevrolet, is the fourth different winner in as many races this season. This was the first victory since the merger of Ed Carpenter Racing and Sarah Fisher Hartman Racing and the team's sixth win overall.
Read More
Josef Newgarden
 
Newgarden Victorious for First Time in Alabama
The steely 24-year-old Tennessee native "drove my race," maintaining his line in the No. 67 Hartman Oil CFH Racing Chevrolet and keeping his foot to the floor on the 2.3-mile, 17-turn Barber Motorsports Park road course to claim his first Verizon IndyCar Series victory in his 55th start.
Read More
Conor Daly
 
Daly To Contest Indy 500 in Third SPM Entry
Conor Daly has been seeking -- no, striving for -- such an opportunity since May 2013, when the Noblesville, Ind., native made his Verizon IndyCar Series debut for AJ Foyt Racing in the Indianapolis 500 Mile Race.
Read More
The Rolling Stones
 
Global Live Created; Hits Ground Running with Rolling Stones’ Visit to Indianapolis
Global Entertainment, the content creation arm of Ashley Tabor’s U.K.-founded Global, The Media and Entertainment Group, has announced its newest division – Global Live.
Read More
Juan Pablo Montoya
 
Pruett's Preview: Honda Indy Grand Prix of Alabama
Team Penske’s Juan Montoya not only leads the Verizon IndyCar Series point standings heading into this weekend’s Honda Indy Grand Prix of Alabama, he also leads an interesting group of drivers who have taken over the top three spots in the championship.
Read More
Items 1 - 5 of 919
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
1 picture, 100 words on The Blog: Capturing the action at last year’s @AngiesList #GPofINDY. Get your tickets today! http://t.co/wBJkd9tnxx
about 5 hours ago