Bernard is new Indy Racing League CEO
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Randy Bernard, the longtime head of the Professional Bull Riders
Inc., is the new CEO of the Indy Racing League.
Indianapolis Motor Speedway president and CEO Jeff Belskus
made the announcement Tuesday.
The 43-year-old Bernard spent 15 years overseeing the bull
riders' organization, helping a TV audience and attendance at
events.
Bernard says he won't pretend to be an open-wheel racing
expert, but he says the product has potential. He says he expects
the IRL to become profitable by drawing more fans, not cutting
costs.
The move caps months of turmoil. IRL founder Tony George was
ousted last summer as CEO and president of the IndyCar series by
the speedway board, which is controlled by his mother and sisters.
Last month, he resigned from the board and the family business,
Hulman & Co., and has since shut down his Vision Racing team.