Published October 29, 2012
Izod IndyCar Series CEO Randy Bernard
resigned yesterday with two years left on his five-year contract. Bernard’s announcement followed an emergency meeting of the BOD of Indianapolis Motor Speedway (IMS) Corporation, which owns the series. The board named IMS CEO Jeff Belskus
interim CEO of IndyCar, but did not set a timeline for finding a permanent replacement. Belskus said that the process for selecting a replacement will be done in consultation with The Boston Consulting Group
. Bernard’s resignation came less than three weeks after IMS board member Tony George
approached the board about acquiring the Izod IndyCar Series.