Tony George
Encyclopedia
Anton Hulman "Tony" George (born December 30, 1959) was the former President and CEO of the Indianapolis Motor Speedway
and Hulman & Company
, serving from 1989 to 2009. He was also formerly on the Board of Directors of both entities. He founded the Indy Racing League and co-owns Vision Racing
. Many commentators, such as Gordon Kirby, suggest that George's actions at the head of the Indianapolis Motor Speedway and in creating the IRL to rival the then-dominant CART
led to a sharp decline in popularity of open-wheel racing in the United States as it split the fanbase, and gave a significant boost to the national popularity of NASCAR
.
Tony George's grandfather, Tony Hulman
purchased the Indianapolis Motor Speedway
at the end of World War II
. George is a former driver, having competed in the 1989 Indy Lights championship, finishing 12th in points and capturing 5 top-tens. His mother (and Hulman's daughter), Mari Hulman George
(born 1934), serves as the speedway's Chairman and delivers its famed "ladies and gentlemen, start your engines" public address before every Indianapolis 500
.
During his first few years as Speedway head, he oversaw new projects such as an infield road-circuit, Tower Terrace Suites, pit lane reconstruction (including the addition of a warm-up lane requested by many influential Speedway alumni), and a control tower.
Before George's arrival, the Indianapolis Motor Speedway (or "the Speedway") traditionally had only one race: the Indianapolis 500
. He changed that with the announcement that a NASCAR
race would be held at the Speedway. The Brickyard 400
made its debut on August 6, 1994, with Jeff Gordon
taking the checkered flag. Many Indianapolis purists despise stock car racing
at the most famous circuit in North American open-wheel lore. Some fans believe the configuration of the Indianapolis Motor Speedway, as well as the diamond cutting of the track surface makes it a poor facility for stock car racing, traditionally exhibited on high banked ovals.
In 1998, the IROC
series came to the track, to little fanfare, and less success.
Later, George helped bring Formula One
back to the U.S. with the United States Grand Prix
held at the Speedway in 2000. This project involved building a road course inside the oval. The inugural event in 2000 set an F1 attendance record. Controversy surrounded the 2005 United States Grand Prix
, where only 6 of the 22 cars took the green due to problems with Michelin tires, which likely damaged the reputation of the event and the F1 in general in the USA market. Michael Schumacher
became the first driver to win 5 races at the Indianapolis Motor Speedway by winning the 2006 race on July 2. The UK's Lewis Hamilton
won the 2007 event, which turned out to be the last running. George and Formula 1 boss Bernie Ecclestone
could not reach an agreement to continue the US Grand Prix at the Brickyard for 2008 and beyond.
The Speedway hosted its first MotoGP event in 2008. The motorcycles could not safely race through the banked turns at high speed, so a portion of the infield was plowed and paved to provide a bypass to Turn 1 of the original road course.
George resigned on June 30, 2009 as President and CEO of IMS and Hulman & Company
claiming it to be so he could focus more time on the Indy Racing League. It has been reported that while George's mother Mari Hulman George (who is also chairman of the board) supported him, his sisters (who are the other directors) wanted him forced out. The board also rejected George's request to continue funding Vision Racing. George had spent hundreds of millions of dollars on IRL teams, drivers, entry fees, marketing plans, airplanes, personnel and his own team. However the IRL has been said to be continually losing money, and after the estimated $60 million overhaul of the Speedway to accommodate Formula One in 2000, George’s sisters, Nancy George, Josie George and Kathi Conforti-George, voiced their concern to their mother over the spending habits of their brother, finally convincing Mari Hulman George to take unchecked power away from George in June 2009.
In January 2010, George resigned from the board of directors. In February 2011, however George again becme a director of Hulman & Company when the board was expanded.
Board of Directors, George announced the creation of the Indy Racing League, which began racing in 1996. He claimed to create the IRL to challenge the already established CART series, and to encourage a more even playing field in open wheel racing. He claimed he wanted a series to run entirely on oval tracks, making it distinct from CART, which raced on road and street courses in addition to short ovals and superspeedways. George angered many CART participants by requiring 25 of the 33 spots in the Indianapolis 500 to be occupied by drivers in the IRL circuit. This meant that CART could not hold the Indianapolis 500 as a points scoring event on their calendar as not enough teams would be allowed to compete and earn points. CART decided to stage their own race on the same day, the U.S. 500
at Michigan International Speedway
. Due to the lack of participation from the established CART teams, most of the biggest names didn't enter the Indianapolis 500 for several years. Tony George became a figure of derision among some racing fans, and he is blamed for open wheel racing losing fans, sponsors and drivers to NASCAR.
George was successful in increasing the visibility of Indianapolis Motor Speedway. The Indy 500 remains one of the highlights of the IRL race season and maintained a strong attendance. George also attracted NASCAR and Formula One (from 2000 to 2007) to Indianapolis. In 2008, the MotoGP series added the oval circuit to its schedule. However the IndyCar series had trouble drawing fans, plus it lost IndyCar drivers to NASCAR such as Sam Hornish, Dario Franchitti
, and Danica Patrick
. Despite the absorption of the Champ Car World Series (the successor to CART) to IndyCar series, the merged series is nowhere as popular or commercially successful as CART in the early 1990s.
However, as the series evolved, it moved away from these principles, with more foreign drivers, increased costs and, eventually, racing on road courses and street circuits.
The IRL ("The League") struggled initially, until CART faced financial turmoil and CART teams began to return to the Indianapolis 500 in 2000. The concern over CART's future, financial stability, and the attraction to the sponsorship draw of the Indy 500 saw teams slowly moving over to the IRL from 2001 to 2003.
CART declared bankruptcy in the 2003 off season. George made a bid for certain assets of the company, while a trio of CART owners (Gerald Forsythe
, Paul Gentilozzi
, and Kevin Kalkhoven
), along with Dan Pettit, also made a bid, calling their group the Open Wheel Racing Series (OWRS). George's offer was to purchase only select company assets, in an effort to eliminate any series that would rival his Indy Racing League. However, if George's bid (which was actually higher than the OWRS bid) had been successful, many vendors that were still owed money by CART would have not been paid. Therefore, a judge ruled that the OWRS group should be the purchaser of CART, which ensured a 25th anniversary season in 2004, running as Champ Car. Open Wheel Racing Series. (OWRS) would later change its name to Champ Car World Series (CCWS) LLC.
Prior to 2003 the IRL was unable to use the term "IndyCar" since that was licensed to CART. In 1992, The Speedway trademarked the term "IndyCar" which had been widely used by CART in championship branding and promotion. The Speedway then leased the term to CART through 1997. With the inception of the IRL, a lawsuit, and a six-year non-use agreement, formal use of the term disappeared. Widespread confusion ensued with CART still competing at "Indy" branded events in Canada and Australia, and both CART/Champ Car and IRL cars being popularly referred to as "IndyCars". In 2003 the non-use agreement expired and the IRL was able to adopt the recognized IndyCar moniker once again, thereafter becoming the IRL IndyCar Series.
Road courses entered the IRL schedule in 2005. Adding road courses added significant costs to the increasingly expensive league, because modifications to the chassis and engines (which were initially designed solely for the stresses of oval racing) would be required. This caused much criticism of George, and debate amongst fans, some of whom argued it went against what the IRL was founded. The fans opined that oval racing was more exciting than road and street racing, better represented the heritage of open-wheel, paid homage to the Indianapolis 500, was more cost effective and better allotted American drivers with the opportunity of success in open-wheel racing. The other side of the debate argued it was best for the IRL to adopt more road racing, and become similar to CART, the series that saw American open-wheel racing reach its peak (popularity, manufacturer and sponsor interest) with a diverse schedule, technical package, manufacturer involvement, and large costs. In addition, Champ Car, the successor to CART, had failed at providing as diverse a schedule as in the CART era. Becoming CART-like in its season schedule was suggested as a way to help grow the IRL fan base.
In 2005, George stepped down from his operational duties in the IRL to start his own team, Vision Racing
, with his wife Laura George and actor Patrick Dempsey
. The team was formed from the remnants of Kelley Racing
, which disbanded after the 2004 season. George's stepson, Ed Carpenter, began driving for the team in 2005. Neither Vision Racing nor Ed Carpenter ever exhibited the potential to join the top teams. Vision Racing shut down operations on January 28, 2009 due to a lack of funding, thus ending George's connections to motorsports.
On February 22, 2008, the IRL and Champ Car World Series signed a deal to unify the two open-wheel American circuits, bringing them under the umbrella of the IRL IndyCar Series. A statement was released by the two sides, saying, "Owners of Champ Car and the Indy Racing League completed an agreement in principle Friday that will unify the sport for 2008."
"Gerald Forsythe
, co-owner of Champ Car, signed an agreement in principle in Chicago
, joining his partner Kevin Kalkhoven
and Indy Racing League founder and CEO Tony George who had signed late Thursday in Indianapolis."
Champ Car liquidated its assets and the IRL bought almost all of them, thereby allowing the unification of IndyCar and Champ Car on track for 2008, as well as officially unifying the history of American Championship Car Racing
. The unification, in part described as a merger, has led to fans coining the term "mergification" to describe this union.
Indianapolis Motor Speedway
The Indianapolis Motor Speedway, located in Speedway, Indiana in the United States, is the home of the Indianapolis 500-Mile Race and the Brickyard 400....
and Hulman & Company
Hulman & Company
Hulman & Company is a private, family-owned, company founded in 1850 by Francis Hulman as a wholesale grocery, tobacco, and liquor store in Terre Haute, Indiana. Throughout the early half of the 20th century, Hulman & Co. became nationally known for its Clabber Girl baking powder which it began...
, serving from 1989 to 2009. He was also formerly on the Board of Directors of both entities. He founded the Indy Racing League and co-owns Vision Racing
Vision Racing
Vision Racing was a racing team in the Indy Racing League founded in 2005 when Tony George purchased the assets of the defunct Kelley Racing and hired his stepson Ed Carpenter to be the driver. The team has previously raced in the Izod IndyCar Series, Firestone Indy Lights and the Grand-Am Sports...
. Many commentators, such as Gordon Kirby, suggest that George's actions at the head of the Indianapolis Motor Speedway and in creating the IRL to rival the then-dominant CART
Champ Car
Champ Car was the name for a class and specification of open wheel cars used in American Championship Car Racing for many decades, primarily for use in the Indianapolis 500 auto race...
led to a sharp decline in popularity of open-wheel racing in the United States as it split the fanbase, and gave a significant boost to the national popularity of NASCAR
NASCAR
The National Association for Stock Car Auto Racing is a family-owned and -operated business venture that sanctions and governs multiple auto racing sports events. It was founded by Bill France Sr. in 1947–48. As of 2009, the CEO for the company is Brian France, grandson of the late Bill France Sr...
.
Tony George's grandfather, Tony Hulman
Tony Hulman
Anton "Tony" Hulman, Jr. was a businessman from Terre Haute, Indiana who rescued the Indianapolis Motor Speedway in 1945 and made the Indianapolis 500 popular....
purchased the Indianapolis Motor Speedway
Indianapolis Motor Speedway
The Indianapolis Motor Speedway, located in Speedway, Indiana in the United States, is the home of the Indianapolis 500-Mile Race and the Brickyard 400....
at the end of World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...
. George is a former driver, having competed in the 1989 Indy Lights championship, finishing 12th in points and capturing 5 top-tens. His mother (and Hulman's daughter), Mari Hulman George
Mari Hulman George
Mari Hulman George, born Mary Antonia Hulman on December 26, 1934, in Terre Haute, Indiana, is the daughter of the late Anton "Tony" Hulman and Mary Fendrich Hulman, prominent Indiana philanthropists and business owners...
(born 1934), serves as the speedway's Chairman and delivers its famed "ladies and gentlemen, start your engines" public address before every Indianapolis 500
Indianapolis 500
The Indianapolis 500-Mile Race, also known as the Indianapolis 500, the 500 Miles at Indianapolis, the Indy 500 or The 500, is an American automobile race, held annually, typically on the last weekend in May at the Indianapolis Motor Speedway in Speedway, Indiana...
.
Indianapolis Motor Speedway Leadership
Tony George became president and CEO of the Indianapolis Motor Speedway Corporation after the death of Joe Cloutier in 1989.During his first few years as Speedway head, he oversaw new projects such as an infield road-circuit, Tower Terrace Suites, pit lane reconstruction (including the addition of a warm-up lane requested by many influential Speedway alumni), and a control tower.
Before George's arrival, the Indianapolis Motor Speedway (or "the Speedway") traditionally had only one race: the Indianapolis 500
Indianapolis 500
The Indianapolis 500-Mile Race, also known as the Indianapolis 500, the 500 Miles at Indianapolis, the Indy 500 or The 500, is an American automobile race, held annually, typically on the last weekend in May at the Indianapolis Motor Speedway in Speedway, Indiana...
. He changed that with the announcement that a NASCAR
NASCAR
The National Association for Stock Car Auto Racing is a family-owned and -operated business venture that sanctions and governs multiple auto racing sports events. It was founded by Bill France Sr. in 1947–48. As of 2009, the CEO for the company is Brian France, grandson of the late Bill France Sr...
race would be held at the Speedway. The Brickyard 400
Allstate 400 at the Brickyard
The Brickyard 400 is an annual 400-mile NASCAR Sprint Cup points race held at the Indianapolis Motor Speedway in Speedway, Indiana. The event, when first held in 1994, marked the first race other than the Indianapolis 500 to be held at the Indianapolis Motor Speedway since 1916...
made its debut on August 6, 1994, with Jeff Gordon
Jeff Gordon
Jeffery Michael "Jeff" Gordon is a professional NASCAR driver. He is the driver of the #24 Drive to End Hunger/DuPont/Pepsi Chevrolet Impala. He is a four-time Sprint Cup Series champion and a three-time Daytona 500 winner. He is third on the all-time wins list, with 85 career wins, and has the...
taking the checkered flag. Many Indianapolis purists despise stock car racing
Stock car racing
Stock car racing is a form of automobile racing found mainly in the United States, Canada, New Zealand, Great Britain, Brazil and Argentina. Traditionally, races are run on oval tracks measuring approximately in length...
at the most famous circuit in North American open-wheel lore. Some fans believe the configuration of the Indianapolis Motor Speedway, as well as the diamond cutting of the track surface makes it a poor facility for stock car racing, traditionally exhibited on high banked ovals.
In 1998, the IROC
International Race of Champions
International Race of Champions, better known as IROC, was a North American auto racing competition, promoted as an equivalent of an American All-Star Game or The Masters...
series came to the track, to little fanfare, and less success.
Later, George helped bring Formula One
Formula One
Formula One, also known as Formula 1 or F1 and referred to officially as the FIA Formula One World Championship, is the highest class of single seater auto racing sanctioned by the Fédération Internationale de l'Automobile . The "formula" designation in the name refers to a set of rules with which...
back to the U.S. with the United States Grand Prix
United States Grand Prix
The United States Grand Prix is a motor race which has been run on and off since 1908, when it was known as the American Grand Prize. The race later became part of the Formula One World Championship. Over 41 editions, the race has been held at nine locations, most recently in 2007 at the...
held at the Speedway in 2000. This project involved building a road course inside the oval. The inugural event in 2000 set an F1 attendance record. Controversy surrounded the 2005 United States Grand Prix
2005 United States Grand Prix
The 2005 United States Grand Prix was one of the most controversial Formula One motor races in modern history. It was held on June 19, 2005 at the Indianapolis Motor Speedway. It was the ninth race of the 2005 Formula One season. Out of 20 cars entered for the race, only the six cars from the teams...
, where only 6 of the 22 cars took the green due to problems with Michelin tires, which likely damaged the reputation of the event and the F1 in general in the USA market. Michael Schumacher
Michael Schumacher
Michael Schumacher is a German Formula One racing driver for the Mercedes GP team. Famous for his eleven-year spell with Ferrari, Schumacher is a seven-time World Champion and is widely regarded as the greatest F1 driver of all time...
became the first driver to win 5 races at the Indianapolis Motor Speedway by winning the 2006 race on July 2. The UK's Lewis Hamilton
Lewis Hamilton
Lewis Carl Davidson Hamilton, MBE is a British Formula One racing driver from England, currently racing for the McLaren team. He was the Formula One World Champion.Hamilton was born in Stevenage, Hertfordshire...
won the 2007 event, which turned out to be the last running. George and Formula 1 boss Bernie Ecclestone
Bernie Ecclestone
Bernard Charles "Bernie" Ecclestone is an English business magnate, as president and CEO of Formula One Management and Formula One Administration and through his part-ownership of Alpha Prema, the parent company of the Formula One Group of companies. As such, he is generally considered the primary...
could not reach an agreement to continue the US Grand Prix at the Brickyard for 2008 and beyond.
The Speedway hosted its first MotoGP event in 2008. The motorcycles could not safely race through the banked turns at high speed, so a portion of the infield was plowed and paved to provide a bypass to Turn 1 of the original road course.
George resigned on June 30, 2009 as President and CEO of IMS and Hulman & Company
Hulman & Company
Hulman & Company is a private, family-owned, company founded in 1850 by Francis Hulman as a wholesale grocery, tobacco, and liquor store in Terre Haute, Indiana. Throughout the early half of the 20th century, Hulman & Co. became nationally known for its Clabber Girl baking powder which it began...
claiming it to be so he could focus more time on the Indy Racing League. It has been reported that while George's mother Mari Hulman George (who is also chairman of the board) supported him, his sisters (who are the other directors) wanted him forced out. The board also rejected George's request to continue funding Vision Racing. George had spent hundreds of millions of dollars on IRL teams, drivers, entry fees, marketing plans, airplanes, personnel and his own team. However the IRL has been said to be continually losing money, and after the estimated $60 million overhaul of the Speedway to accommodate Formula One in 2000, George’s sisters, Nancy George, Josie George and Kathi Conforti-George, voiced their concern to their mother over the spending habits of their brother, finally convincing Mari Hulman George to take unchecked power away from George in June 2009.
In January 2010, George resigned from the board of directors. In February 2011, however George again becme a director of Hulman & Company when the board was expanded.
"The Split"
Shortly after being removed from the CARTChamp Car
Champ Car was the name for a class and specification of open wheel cars used in American Championship Car Racing for many decades, primarily for use in the Indianapolis 500 auto race...
Board of Directors, George announced the creation of the Indy Racing League, which began racing in 1996. He claimed to create the IRL to challenge the already established CART series, and to encourage a more even playing field in open wheel racing. He claimed he wanted a series to run entirely on oval tracks, making it distinct from CART, which raced on road and street courses in addition to short ovals and superspeedways. George angered many CART participants by requiring 25 of the 33 spots in the Indianapolis 500 to be occupied by drivers in the IRL circuit. This meant that CART could not hold the Indianapolis 500 as a points scoring event on their calendar as not enough teams would be allowed to compete and earn points. CART decided to stage their own race on the same day, the U.S. 500
U.S. 500
The U.S. 500 was an automobile race sanctioned by CART on May 26, 1996 at the Michigan International Speedway as an alternative to the 1996 Indianapolis 500....
at Michigan International Speedway
Michigan International Speedway
Michigan International Speedway is a two-mile moderate-banked D-shaped superspeedway located off U.S. Highway 12 on more than in Brooklyn, in the scenic Irish Hills area of southeastern Michigan. The track is used primarily for NASCAR events. It is sometimes known as a "sister track" to Texas...
. Due to the lack of participation from the established CART teams, most of the biggest names didn't enter the Indianapolis 500 for several years. Tony George became a figure of derision among some racing fans, and he is blamed for open wheel racing losing fans, sponsors and drivers to NASCAR.
George was successful in increasing the visibility of Indianapolis Motor Speedway. The Indy 500 remains one of the highlights of the IRL race season and maintained a strong attendance. George also attracted NASCAR and Formula One (from 2000 to 2007) to Indianapolis. In 2008, the MotoGP series added the oval circuit to its schedule. However the IndyCar series had trouble drawing fans, plus it lost IndyCar drivers to NASCAR such as Sam Hornish, Dario Franchitti
Dario Franchitti
George Dario Marino Franchitti is a Scottish racing driver. He formerly competed in the CART series before switching to the IndyCar Series where he was 2007 champion, and won the rain-shortened 2007 Indianapolis 500. Franchitti is also a former NASCAR driver for Chip Ganassi Racing, competing...
, and Danica Patrick
Danica Patrick
Danica Sue Patrick is an American auto racing driver, model and advertising spokeswoman. She is the most successful woman in the history of American open-wheel racing, being the only woman to win in the IndyCar Series as well as holding the highest finish by a woman at the Indianapolis 500 of 3rd...
. Despite the absorption of the Champ Car World Series (the successor to CART) to IndyCar series, the merged series is nowhere as popular or commercially successful as CART in the early 1990s.
IRL
(see Indy Racing League) The IRL was founded in 1994 and began racing in 1996 claiming to offer a cost-effective, all-oval alternative to the PPG CART Indycar World Series. The basic beliefs behind the creation of the series were:- Cost controlled racing
- Driver Safety
- All-oval schedule
- Give a better opportunity for American drivers to succeed in motorsports and compete at the Indianapolis 500, particularly USAC drivers whose numerical representation at the 500 had dwindled.
However, as the series evolved, it moved away from these principles, with more foreign drivers, increased costs and, eventually, racing on road courses and street circuits.
The IRL ("The League") struggled initially, until CART faced financial turmoil and CART teams began to return to the Indianapolis 500 in 2000. The concern over CART's future, financial stability, and the attraction to the sponsorship draw of the Indy 500 saw teams slowly moving over to the IRL from 2001 to 2003.
CART declared bankruptcy in the 2003 off season. George made a bid for certain assets of the company, while a trio of CART owners (Gerald Forsythe
Gerald Forsythe
Gerald Forsythe is an American businessman and auto racing magnate, best known for being one of the three men that owned the Champ Car World Series...
, Paul Gentilozzi
Paul Gentilozzi
Paul Gentilozzi is a race car driver and businessman. His non-racing business interests are real estate development, principally developing store sites for big box retailers....
, and Kevin Kalkhoven
Kevin Kalkhoven
Kevin Oscar Newton Kalkoven, former CEO of JDS Uniphase, is an Australian venture capitalist and auto racing magnate based in Menlo Park, California. He is a partner in the Kalkhoven, Pettit, Levin and Johnson Venture capital firm based in Menlo Park....
), along with Dan Pettit, also made a bid, calling their group the Open Wheel Racing Series (OWRS). George's offer was to purchase only select company assets, in an effort to eliminate any series that would rival his Indy Racing League. However, if George's bid (which was actually higher than the OWRS bid) had been successful, many vendors that were still owed money by CART would have not been paid. Therefore, a judge ruled that the OWRS group should be the purchaser of CART, which ensured a 25th anniversary season in 2004, running as Champ Car. Open Wheel Racing Series. (OWRS) would later change its name to Champ Car World Series (CCWS) LLC.
Prior to 2003 the IRL was unable to use the term "IndyCar" since that was licensed to CART. In 1992, The Speedway trademarked the term "IndyCar" which had been widely used by CART in championship branding and promotion. The Speedway then leased the term to CART through 1997. With the inception of the IRL, a lawsuit, and a six-year non-use agreement, formal use of the term disappeared. Widespread confusion ensued with CART still competing at "Indy" branded events in Canada and Australia, and both CART/Champ Car and IRL cars being popularly referred to as "IndyCars". In 2003 the non-use agreement expired and the IRL was able to adopt the recognized IndyCar moniker once again, thereafter becoming the IRL IndyCar Series.
Road courses entered the IRL schedule in 2005. Adding road courses added significant costs to the increasingly expensive league, because modifications to the chassis and engines (which were initially designed solely for the stresses of oval racing) would be required. This caused much criticism of George, and debate amongst fans, some of whom argued it went against what the IRL was founded. The fans opined that oval racing was more exciting than road and street racing, better represented the heritage of open-wheel, paid homage to the Indianapolis 500, was more cost effective and better allotted American drivers with the opportunity of success in open-wheel racing. The other side of the debate argued it was best for the IRL to adopt more road racing, and become similar to CART, the series that saw American open-wheel racing reach its peak (popularity, manufacturer and sponsor interest) with a diverse schedule, technical package, manufacturer involvement, and large costs. In addition, Champ Car, the successor to CART, had failed at providing as diverse a schedule as in the CART era. Becoming CART-like in its season schedule was suggested as a way to help grow the IRL fan base.
In 2005, George stepped down from his operational duties in the IRL to start his own team, Vision Racing
Vision Racing
Vision Racing was a racing team in the Indy Racing League founded in 2005 when Tony George purchased the assets of the defunct Kelley Racing and hired his stepson Ed Carpenter to be the driver. The team has previously raced in the Izod IndyCar Series, Firestone Indy Lights and the Grand-Am Sports...
, with his wife Laura George and actor Patrick Dempsey
Patrick Dempsey
Patrick Galen Dempsey is an American actor, known for his role as neurosurgeon Dr. Derek Shepherd on the medical drama Grey's Anatomy. Prior to Grey's Anatomy he made several television appearances and was nominated for an Emmy Award...
. The team was formed from the remnants of Kelley Racing
Kelley Racing
Kelley Racing is a former Indy Racing League team founded by Fort Wayne, Indiana-based car dealer Tom Kelley that most notably fielded a Delphi sponsored car for Scott Sharp during its entire existence from 1998 to 2004...
, which disbanded after the 2004 season. George's stepson, Ed Carpenter, began driving for the team in 2005. Neither Vision Racing nor Ed Carpenter ever exhibited the potential to join the top teams. Vision Racing shut down operations on January 28, 2009 due to a lack of funding, thus ending George's connections to motorsports.
On February 22, 2008, the IRL and Champ Car World Series signed a deal to unify the two open-wheel American circuits, bringing them under the umbrella of the IRL IndyCar Series. A statement was released by the two sides, saying, "Owners of Champ Car and the Indy Racing League completed an agreement in principle Friday that will unify the sport for 2008."
"Gerald Forsythe
Gerald Forsythe
Gerald Forsythe is an American businessman and auto racing magnate, best known for being one of the three men that owned the Champ Car World Series...
, co-owner of Champ Car, signed an agreement in principle in Chicago
Chicago
Chicago is the largest city in the US state of Illinois. With nearly 2.7 million residents, it is the most populous city in the Midwestern United States and the third most populous in the US, after New York City and Los Angeles...
, joining his partner Kevin Kalkhoven
Kevin Kalkhoven
Kevin Oscar Newton Kalkoven, former CEO of JDS Uniphase, is an Australian venture capitalist and auto racing magnate based in Menlo Park, California. He is a partner in the Kalkhoven, Pettit, Levin and Johnson Venture capital firm based in Menlo Park....
and Indy Racing League founder and CEO Tony George who had signed late Thursday in Indianapolis."
Champ Car liquidated its assets and the IRL bought almost all of them, thereby allowing the unification of IndyCar and Champ Car on track for 2008, as well as officially unifying the history of American Championship Car Racing
American Championship Car Racing
Since 1916 there has been a recognized United States national automobile racing National Championship for drivers of professional-level, single-seat open wheel race cars. The championship has been under the auspices of several different sanctioning bodies since 1909. Since 1911, the Indianapolis...
. The unification, in part described as a merger, has led to fans coining the term "mergification" to describe this union.