George: I'm still IMS CEO

INDIANAPOLIS (WISH) - 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.