Article updated: 10/28/2012 5:18 PM

Randy Bernard steps down as IndyCar CEO

text size: AAA
By Associated Press

Randy Bernard has stepped down as CEO of IndyCar.

Jeff Belskus, President and CEO of series owner Hulman & Co., will step in as interim CEO.

Advertisement

Bernard will stay on in an advisory position.

The decision was reached following an executive session Sunday of the 11-member Indianapolis Motor Speedway board of directors.

It ends a month of speculation about Bernard's future that reached a fevered pitch last week, when Bernard and an IMS spokesman denied a report that Bernard had been fired.

But a mutual decision was reached Sunday for Bernard to step down as CEO to end the suffocating speculation that has overshadowed one of the best seasons in series history.

It comes nine days after series founder Tony George resigned from the Hulman & Co. board of directors.

Comments ()
We are now using Facebook comments to offer a more inclusive, social and constructive discussion. Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.

This article filed under

Twitter Talk
Sports Calendar

MostViewed

Today
Yesterday
Most Commented
Top Jobs

    View all Top Jobs Place a job ad

    MarketsReport

    DHExtras

       
    • Online calendar - Online calendar Zillow /real estate page
    • Mike North MORE logo
    • Discuss refer On Guard series
    • Newspaper archives -- Monday or anyday

    FacebookActivity

    BusinessDirectory

    Connect with a business or service in your area fast. First select a town, then enter a search term or choose one of the listed popular searches:

    Don't see your town listed? Visit our full directory to begin your search.

    Powered by Local.com