IRL founder and former Indianapolis Motor Speedway CEO Tony George has shut down his IndyCar Series race team.
George—who created the Indy Racing League in 1996 in a split with the then-dominant CART—would now appear to have no stake in the league or its premier product, the IndyCar Series, after shuttering Vision Racing. He formed the team in 2005.
“We’re suspending operations, but I don’t know fully what that means,” Ed Carpenter, a team driver and George’s stepson, said. “We’re still pursuing opportunities to resume operations.” ESPN
George was asked to resign his position as chief executive officer of Indianapolis Motor Speedway last summer, in part because of his commitment to Vision Racing. George subsequently resigned his leadership role with the Indy Racing League, a series he started in 1996 as an alternative to CART.
George’s Indianapolis-based team was a family entity. It was co-owned by George, his wife, Laura, and actor Patrick Dempsey with the George’s son, Ed Carpenter, as the driver. Carpenter’s sister, Lauren George, wrote for the team’s Website.
The team’s best result in 121 starts was a second-place finish at last year’s event at Kentucky Speedway. Team Penske’s Ryan Briscoe edged Carpenter at the finish line by 0.0162 seconds. Indianapolis Star

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