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
Helio Castroneves
 
Field Offers Glance of a Potentially Great Race Day with Racy Monday Practice
Josef Newgarden considered Monday’s final extended practice session a strong indication of what to expect come Sunday in the 100th Running of the Indianapolis 500 presented by PennGrade Motor Oil.
Read More
Josef Newgarden
 
Newgarden Fastest as Teams Switch Focus to Race Setups
The drivers in this year’s 100th Running of the Indianapolis 500 presented by PennGrade Motor Oil got a taste for the race in today’s practice session at Indianapolis Motor Speedway.
Read More
James Hinchcliffe
 
A Day Later, Hinchcliffe and Family Continue to Savor 'Spectacular' Pole Win
As the pictures were taken of Hinchcliffe, Ed Carpenter Racing’s Josef Newgarden and Andretti Autosport’s Ryan Hunter-Reay, reality came more into focus.
Read More
Front Row Shot
 
'Fun Front Row' Emerges from Pole Day, Led by First-Time Pole Sitter Hinchcliffe
Three cars from different teams, separated by a scant .0758 of a second, two Honda engines and one Chevrolet, a Canadian and two Americans, a driver who has never been on a Verizon IndyCar Series pole, a runner-up who has never started second at the Indianapolis Motor Speedway and a 2014 Indy 500 champion who is a former teammate and good buddies with the fastest qualifier.
Read More
Florence Henderson
 
Florence Henderson to Serve as Grand Marshal for 100th Running
Florence Henderson, a beloved part of Indianapolis 500 Race Day for a quarter-century, will serve as the Grand Marshal of the 100th Running of the Indianapolis 500 presented by PennGrade Motor Oil.
Read More
Items 1 - 5 of 1,158
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
.@pwilson24 sits down for a few minutes with Johnny Rutherford on today's #SpeedRead - https://t.co/iajBKOpyPM https://t.co/E0SA9zM87Y
about 10 hours ago