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Tony George addresses rumors

IRL founder Tony George talks about the open wheel racing unification agreement at a news conference in Homestead, Fla. (AP Photo/Lynne Sladky)

Indy Racing League car owner and CEO of the Indianapolis Motor Speedway Tony George watches the action from the pit area Wednesday, May 17, 2006 in Indianapolis. (AP Photo/AJ Mast)
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Tony George, center, CEO of Indianapolis Motor Speedway Tony George, center, CEO of Indianapolis Motor Speedway & Indy Racing League, is applauded by drivers Marco Andretti, left, and Michael Andretti as he rings the New York Strock …
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Ryan Hunter-Reay, left, is congratulated by Tony George, car owner and owner of the Indianapolis Motor Speedway, after he made the field as the final qualifier at the speedway in Indianapolis, Sunday, May 17, 2009. (AP Photo/Tom Strickland)
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Tony George, left, and his mother Mari H. George, Chairman of the Board watch the action from the pit area during qualifications for the 90th running of the Indianapolis 500 Saturday, May 20, 2006. (AP Photo/Tom Strattman)
Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Tony George, founder of the Indy Racing League, talks about the auto racing series during a news conference in Homestead, Fla., in this March 28, 2008 file photo. (AP Photo/Terry Renna, file)
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George: I'm still IMS CEO

Tony George denies report that he was voted out

Updated: Wednesday, 27 May 2009, 3:36 PM EDT
Published : Wednesday, 27 May 2009, 1:16 PM EDT

    Indianapolis Motor Speedway owner and CEO Tony George addressed a report Wednesday that he was voted out of his post.

    "I'm still the CEO and still president of the Motor Speedway Corporation and Hulman and Company and CEO of the Indy Racing League," George said.

    George insisted that he was only earlier today made aware of a report that he was voted out of his post in a Tuesday night board meeting in Indianapolis.

    George said there was a meeting held Tuesday morning but he called the meeting "typical" and said it was called to review the past month and the race. However, George seemed to acknowledge some uncertainty when asked if it was possible there was another meeting Tuesday night.

    "Maybe something did happen, but I'm not aware of it," George said.

    A racing news web site reported Wednesday that George was voted out. The SpeedTV.com report cited a source close to the situation.

    George, 49, has been CEO for 20 years and is the grandson of Tony Hulman, who purchased the Indianapolis Motor Speedway at the end of World War II.

    IMS board members include several members of George's own family.

    George brushed off a question Wednesday regarding whether IMS board members are angry over some of his financial decisions.

    "No of us are happy about the current economic condition and the challenges we face," George said. "No one's asked me to leave."

    24-Hour News 8 will continue to follow this story and have more information as it becomes available.


     

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