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George resigns from boards

Updated: January 19, 2010, 4:34 PM ET
By John Oreovicz | ESPN.com

INDIANAPOLIS -- Indy Racing League founder Tony George has resigned, effective immediately, from his board of director responsibilities at Indianapolis Motor Speedway and Hulman & Company, the Indiana-based family business founded in 1850.

George, 50, had served as President and CEO of Hulman & Co. and its affiliates, including Indianapolis Motor Speedway Corp. and the IRL, from 1989 until he was effectively forced out in June 2009. Since then, he remained a board member of Hulman & Co. ...

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