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CP
Safety Car Pilot



Australia
11295 Posts
joined 22 Jan 09

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Posted - 29 Oct 2012 :  13:34:31  Show Profile  Visit CP's Homepage Send CP a Private Message  Reply with Quote
Chief Executive Officer of IndyCar, Randy Bernard has stepped down from his role after an emergency meeting held by Hulman & Company, the owner of Indianapolis Motor Speedway and IndyCar over the weekend.
Speculation over recent days has been that Bernard was going to be terminated, however both IndyCar and Bernard maintain the split is amicable. In the interim, President of the Indianapolis Motor Speedway and President and CEO of Hulman & Company, Jeff Belskus will step into the role that Bernard held.
“Both parties agree that it’s time to move forward separately, it’s an amicable separation and Randy is going to stay on in an advisory capacity,” Belskus said.
Bernard sat across the introduction of the new IndyCar chassis and has been instrumental in the expansion of the calendar along with the separate road course and oval Championships concept.
“I have enjoyed the opportunity to work with the entire IndyCar community, its teams, drivers, loyal partners and fans,” said Bernard in a statement. “The last three years have produced some exciting, and some difficult, times. I am proud of what everyone at IndyCar has been able to accomplish since I came on board.”
It comes amid an interesting time for the IndyCar Series – whilst Bernard was popular among the fanbase, he was a polarising figure among many team owners, several of who were openly critical of him throughout season 2012, particularly around the cancellation of the proposed Chinese event and the financial boon that would have brought to the Series.
Just over a week ago, IRL founder, Tony George resigned from the board of Hulman & Company after continued exploration of acquiring the sanctioning body privately – which many believe is in concert with a number of team owners. It is not believed that the decision to part ways with Bernard is associated with the George bid.
Leading team, Andretti Autosport released a statement in support of Bernard and the Hulman & George Company:
“Randy worked hard to further the Series; we are grateful for his time with the sport and we wish him well in his future endeavours,” Andretti Autosport’s statement read. “We supported Randy just as we will continue to support the new administration. We believe that the board of directors of the Indianapolis Motor Speedway Corporation, IMS President and CEO Jeff Belskus and the Hulman-George family will make the right decisions that leverage the many strengths of IndyCar for the benefit of the fans, teams, drivers, promoters and sponsors.”
Roger Penske was typically straight to the point:
“I’m very disappointed in this decision; the board continues to show poor judgment. There is no future plan,” said The Captain. “The series had momentum. New cars, new engines and new race formats, all brought about by Randy. No business can run with a senior management change every two years.”
Bernard will continue in an advisory capacity with IndyCar, whilst Belskus has confirmed a search for a new CEO will begin immediately.

http://www.speedcafe.com/2012/10/29/indycar-ceo-randy-bernard-steps-down/

Fast by Ferracci
Team Manager



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Posted - 29 Oct 2012 :  14:31:35  Show Profile Send Fast by Ferracci a Private Message  Reply with Quote Copy this URL to Link to this Reply
for stepped down, we can safely assume sacked

Roger Penske's quote is some of the best comedy (& hypocitic) lines he has ever come out with.....
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farr02
V8 Champion



Australia
1093 Posts
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Posted - 29 Oct 2012 :  19:08:04  Show Profile Send farr02 a Private Message  Reply with Quote Copy this URL to Link to this Reply
At least the guy had some vision and Penske is right you cant keep changing CEoO every 5 mins. Be interesting to see where Indy car go from here
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Fast by Ferracci
Team Manager



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Posted - 29 Oct 2012 :  20:13:00  Show Profile Send Fast by Ferracci a Private Message  Reply with Quote Copy this URL to Link to this Reply
quote:
Originally posted by farr02

Penske is right you cant keep changing CEoO every 5 mins.



Roger Penske was one of the guys calling for Bernard's exit back at Detroit in June....
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farr02
V8 Champion



Australia
1093 Posts
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Posted - 29 Oct 2012 :  20:37:28  Show Profile Send farr02 a Private Message  Reply with Quote Copy this URL to Link to this Reply
yeah you are right, i do remember that. wonder why the change of heart?
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Sonic
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Australia
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joined 14 Nov 06

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Posted - 29 Oct 2012 :  21:27:38  Show Profile Send Sonic a Private Message  Reply with Quote Copy this URL to Link to this Reply
quote:
Originally posted by CP

which many believe is in concert with a number of team owners.



in concert with

does that mean Tony Cochrane is involved? lol...

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rps788
Team Manager



Australia
2004 Posts
joined 17 Jul 07

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Posted - 29 Oct 2012 :  22:32:32  Show Profile Send rps788 a Private Message  Reply with Quote Copy this URL to Link to this Reply
cant believe this is happening

Randy is the only reason indycar racing is still around today so this move by the board is of such stupidity its just mind blowing

some of owners pushing to get randy out kept whinging about the cost of DW12 but in the end of the day the new car has produce the best racing we have seen a long time

Plus Randy was a million times better then freakin Tony George!!!!!!!
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Brightman
V8 Champion



Australia
981 Posts
joined 16 Jan 12

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Posted - 30 Oct 2012 :  11:46:24  Show Profile Send Brightman a Private Message  Reply with Quote Copy this URL to Link to this Reply
So does this move make it even more unlikely that indycar will race in Australia in the forseeable future??

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Fast by Ferracci
Team Manager



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Posted - 30 Oct 2012 :  14:30:29  Show Profile Send Fast by Ferracci a Private Message  Reply with Quote Copy this URL to Link to this Reply
quote:
Originally posted by Brightman

So does this move make it even more unlikely that indycar will race in Australia in the forseeable future??



Neither here nor there i think, i don't believe an Australian return has ever really been on the agenda for Indycar lately, they are battling to get a foothold back into America first.
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